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From Rs.60 lakh to potential $1Bn IPO: Here's how Delhivery founders did it

Infrastructure

05 November, 2021

From Rs.60 lakh to potential $1Bn IPO: Here's how Delhivery founders did it

A decade ago, Sahil Barua, Mohit Tandon, and Suraj Saharan quit their lucrative careers at Bain & Co., to pursue ......

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Delhivery employees may get at least $470 mn at a $5.5 bn valuation

Finance

03 November, 2021

Delhivery employees may get at least $470 mn at a $5.5 bn valuation

Nine senior executives at logistics unicorn Delhivery hold employee options that may fetch them more than $125 million from the ......

Snapdeal appoints two ESG-focused directors ahead of Rs 3,000 cr IPO

People

26 October, 2021

Snapdeal appoints two ESG-focused directors ahead of Rs 3,000 cr IPO

SoftBank-backed ecommerce platform Snapdeal, which is likely to file its IPO draft papers in the next few months, has appointed ......

GlobalBees acquires Prolixr to enter personal care; third buyout in three months

Consumer

25 October, 2021

GlobalBees acquires Prolixr to enter personal care; third buyout in three months

In its third acquisition in three months, GlobalBees Brands Pvt Ltd, a Thrasio-style venture that aggregates and invests in e-commerce ......

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GlobalBees, Lenskart's D2C arm, in talks to raise funds at unicorn valuations

Consumer

20 October, 2021

GlobalBees, Lenskart's D2C arm, in talks to raise funds at unicorn valuations

The planned direct-to-consumer (D2C) platform of online eyewear retailer Lenskart and Thrasio-style investment venture GlobalBees are in separate discussions to ......

IPO-bound Ola restructures org; COO, CFO quit

People

19 October, 2021

IPO-bound Ola restructures org; COO, CFO quit

ANI Technologies Ltd., the parent of mobility platform Ola Cabs, has decided to restructure the roles of its key leaders, ......

PE/VC investment and exit deals reach record highs: IVCA-EY report

Finance

14 October, 2021

PE/VC investment and exit deals reach record highs: IVCA-EY report

Investment and exit deals to date have reached record highs of $52.3 billion and $33.4 billion in 2021, respectively, an ......

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Investors uncork the bubbly with 33 unicorns amid valuation doubts

TMT

14 October, 2021

Investors uncork the bubbly with 33 unicorns amid valuation doubts

Investors including marquee names such as Softbank, Tiger Global, Temasek, Capital and Falcon Edge are bending over backwards this year ......

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One Oyo exec might make ₹1,100 cr on IPO

People

05 October, 2021

One Oyo exec might make ₹1,100 cr on IPO

Thousands of employees of Oravel Stays Pvt. Ltd, the operator of the Oyo hotel aggregator platform, are set to make ......

InMobi unicorn unit Glance goes 'Live' to lure more users on its lock screen

TMT

03 October, 2021

InMobi unicorn unit Glance goes 'Live' to lure more users on its lock screen

SoftBank Group-backed advertising tech unicorn, InMobi's business-to-consumer (B2C) unit 'Glance' is betting big on its just-launched 'Live' feature that is ......