Tiger Global
Manufacturing
Infra.Market may have to rework the math of over $70 mn acquisition
Business-to-business construction material marketplace Infra.Market has increased its stake in a local manufacturing company but shelled out more money than ......
TMT
After signing off from Paytm, Alibaba affiliate inks near 5x exit move in India
China’s Alibaba Group, which sold its stake in Paytm parent One97 Communications Ltd earlier this year after virtually writing off ......
TMT
Bizongo snaps up Titan Capital-backed firm in third acquisition
Tiger Global-backed vendor digitisation platform Bizongo said Tuesday it has acquired Titan Capital-backed FactoryPlus, a factory digitisation app for micro, ......
People
Fintech unicorn Razorpay elevates senior exec to COO
Tiger Global-backed Razorpay has elevated its chief business officer (CBO) Rahul Kothari to the position of chief operating officer (COO) ......
General
Grapevine: Tiger Global-backed Groyyo to shut trading biz; Big FM gets two bids
Business-to-business manufacturing and automation startup Groyyo is likely to wind down its trading vertical in coming months, a media report said. Groyyo’s venture capital backers ......
TMT
PhonePe's FY23 revenue jumps 77%, turns Ebitda positive on adjusted basis
Walmart-owned Indian digital payments unicorn PhonePe's revenue surged 77% during the year ended March 2023, on the back of rapid ......
Finance
Tiger Global-backed Moglix posts wider FY23 loss, revenue jumps 82%
Business-to-business e-commerce unicorn Moglix, which is operated by Mogli Labs (India) Pvt. Ltd, saw a rise in its net loss ......
TMT
Prosus-owned PayU targets Feb for India IPO filing
Netherlands-based PayU plans to ask for regulatory approval in February for an initial public offering worth at least $500 million ......
TMT
Fintech unicorn Cred spent almost Rs 2 to generate one rupee in revenue in FY23
Serial entrepreneur Kunal Shah’s Cred grew its revenue rapidly in the financial year ended March 2023 as the fintech startup sought to improve monetisation by offering more products, but it spent almost twice as ......
Finance
Tiger Global-backed Slice mergers with North East Small Finance Bank
Fintech unicorn Slice is merging with Guwahati-based North East Small Finance Bank (NESFB) after receiving approval from the Reserve Bank ......
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