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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 ......

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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 ......

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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 ......

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PE/VC firms pump in $27 bn in Indian startups since April; gave birth to 20 unicorns

TMT

12 September, 2021

PE/VC firms pump in $27 bn in Indian startups since April; gave birth to 20 unicorns

The first five months of this financial year have already brought a lot of cheer to the startup ecosystem.  Indian startups ......

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Weekly Deals Wrap: Cars24 tops chart with massive funding but deal value sees sharp drop on muted M&As

Finance

10 September, 2021

Weekly Deals Wrap: Cars24 tops chart with massive funding but deal value sees sharp drop on muted M&As

The overall deal value saw an over seven-fold steep fall this week from the preceding one, despite deep-pocketed edtech giant ......

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Ola picks advisors to ready for $1.5 billion IPO

TMT

31 August, 2021

Ola picks advisors to ready for $1.5 billion IPO

Softbank- and Tiger Global-backed ride hailing company, Ola Cabs, has hired investment banks and lawyers to start work on its ......

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SoftBank-backed FirstCry takes significant minority stake in kid snacks maker Timios

Consumer

18 August, 2021

SoftBank-backed FirstCry takes significant minority stake in kid snacks maker Timios

FirstCry, an online-first baby products retailer, has bought a significant minority stake in children-focused healthy snacks maker Timios, three persons ......

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Weekly Deals Wrap: Edtech, crypto sectors see unicorns; M&A, PE/VC deal value doubles

Finance

13 August, 2021

Weekly Deals Wrap: Edtech, crypto sectors see unicorns; M&A, PE/VC deal value doubles

The Indian startup ecosystem got a funding boost this week too with two edtech companies and one crypto exchange entering ......