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Flashback 2023: Flipkart, PhonePe lead tech deal value; AI-powered startups new flavour in town

TMT

27 December, 2023

Flashback 2023: Flipkart, PhonePe lead tech deal value; AI-powered startups new flavour in town

This year may have been sluggish when it came to overall deal momentum of the tech sector in Indian startup ......

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Who will be the real winners in Ola Electric's IPO as it eyes over $6.4 bn valuation?

Consumer

23 December, 2023

Who will be the real winners in Ola Electric's IPO as it eyes over $6.4 bn valuation?

Ola Electric, the electric two vehicle company started by Ola Cabs co-founder Bhavish Aggarwal with the backing of several existing venture ......

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SoftBank wraps up $375 mn India exit with a profit

TMT

08 December, 2023

SoftBank wraps up $375 mn India exit with a profit

Japanese technology investment goliath SoftBank, which has been on a spree to harvest money from its India portfolio, has completed ......

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Infra.Market may have to rework the math of over $70 mn acquisition

Manufacturing

07 December, 2023

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 ......

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After signing off from Paytm, Alibaba affiliate inks near 5x exit move in India

TMT

29 November, 2023

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 ......

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Grapevine: Tiger Global-backed Groyyo to shut trading biz; Big FM gets two bids

General

30 October, 2023

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 ......

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Grapevine: Tiger Global-backed Dream11 gets $3 bn tax notice; Akums plans IPO

General

26 September, 2023

Grapevine: Tiger Global-backed Dream11 gets $3 bn tax notice; Akums plans IPO

The Directorate General of GST Intelligence has issued pre-show cause notices to several online real money gaming companies, including fantasy ......

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VC-backed Pristyn Care's ‘uberisation' of surgeries faces multiple questions on biz practices

Healthcare

31 August, 2023

VC-backed Pristyn Care's ‘uberisation' of surgeries faces multiple questions on biz practices

Amita Panchal, a 47-year old Mumbai-based bank employee and a single mother, navigated life with the aid of crutches. Childhood ......

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Tiger Global wraps up fourth full exit in India this year pocketing over $310 mn

TMT

28 August, 2023

Tiger Global wraps up fourth full exit in India this year pocketing over $310 mn

Tiger Global, one of the most celebrated and prolific international venture capital investors in the Indian startup ecosystem and credited with spawning ......

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Deals Digest: M&A deals hog the limelight as funding activity slows

TMT

04 August, 2023

Deals Digest: M&A deals hog the limelight as funding activity slows

Private equity and venture capital dealmaking slowed this week compared with the week before but there was a notable increase in merger and acquisition activities.  This ......