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Flashback 2024: Top technology deals of the year

TMT

27 December, 2024

Flashback 2024: Top technology deals of the year

India’s technology sector revealed a contrasting pattern in 2024, with venture capital and private equity investments favoring consumer tech, while IT services ......

Lightspeed-backed edtech unicorn PhysicsWallah sinks deeper into the red in FY24

TMT

08 November, 2024

Lightspeed-backed edtech unicorn PhysicsWallah sinks deeper into the red in FY24

Edtech unicorn PhysicsWallah reported a wider loss for the financial year through March 2023, primarily due to non-cash expenses, despite ......

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Grapevine: GIC plans to offload stake in Greenko; PhysicsWallah hires i-banks for IPO

General

09 October, 2024

Grapevine: GIC plans to offload stake in Greenko; PhysicsWallah hires i-banks for IPO

Singapore's sovereign wealth fund GIC is evaluating the sale of its 50% stake in Indian renewables player Greenko Energy Holdings, ......

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Grapevine: PhysicsWallah eyes fresh funding; Zepto, HDB Financial plan IPOs

General

09 September, 2024

Grapevine: PhysicsWallah eyes fresh funding; Zepto, HDB Financial plan IPOs

PhysicsWallah is close to finalising a $150 million (nearly Rs 1,260 crore) funding round, led by Asian hedge fund Hornbill Orchid, ......

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Grapevine: Blackstone-Haldiram's talks move forward; Medikabazaar CEO steps down

General

09 July, 2024

Grapevine: Blackstone-Haldiram's talks move forward; Medikabazaar CEO steps down

Blackstone Inc is in advanced negotiations with the Agrawal family, who run India's largest savouries and snacks business, Haldiram's, for a ......

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Separating fact from fiction: how many unicorns does India really have?

TMT

20 March, 2024

Separating fact from fiction: how many unicorns does India really have?

Last week, Perfios, a startup offering software-as-a-service (SaaS) solutions, entered the much-coveted unicorn club after raising $80 million from late-stage ......

CitiusTech, Physicswallah, OxyZo, Zerodha among winners of VCCircle Disruptors Awards 2023

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06 December, 2023

CitiusTech, Physicswallah, OxyZo, Zerodha among winners of VCCircle Disruptors Awards 2023

Electric scooter company Ather Energy, healthtech venture CitiusTech, edtech company Physicswallah, foodtech company Biryani By Kilo and online stock broker ......

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How Byju's stacked up against Unacademy and other edtech unicorns in FY22

TMT

06 November, 2023

How Byju's stacked up against Unacademy and other edtech unicorns in FY22

Edtech giant Byju’s remained far ahead of its local peers in terms of revenue during the financial year through March ......

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Deals Digest: PE/VC funding value doubles due to HDFC Credila deal

General

23 June, 2023

Deals Digest: PE/VC funding value doubles due to HDFC Credila deal

This week’s overall funding doubled in value terms, aided by the big-ticket private equity buyout of HDFC’s education lending arm ......

WestBridge-backed PhysicsWallah buys into Xylem to boost South India presence

Consumer

19 June, 2023

WestBridge-backed PhysicsWallah buys into Xylem to boost South India presence

Edtech unicorn PhysicsWallah has acquired a 50% stake in Kerala-based Xylem Learning for an undisclosed sum, in a bid to ......