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Company watch: CDC-backed Indifi's revenue jumps; soaring write-offs raise concern

Finance

04 October, 2019

Company watch: CDC-backed Indifi's revenue jumps; soaring write-offs raise concern

Digital lender Indifi Technologies Pvt. Ltd’s revenue for the year through March 2019 climbed nearly four-fold and its loss expanded ......

Grapevine: Accel plans sixth India fund; Ant Financial to lead Zomato funding

General

04 October, 2019

Grapevine: Accel plans sixth India fund; Ant Financial to lead Zomato funding

Venture capital firm Accel is looking to raise up to $700 million (about Rs 4,963 crore at current exchange rate) ......

Grapevine: Goldman invests in Ozone park; HDFC Capital Advisors may raise $1 bn

General

30 September, 2019

Grapevine: Goldman invests in Ozone park; HDFC Capital Advisors may raise $1 bn

Global institutional investor Goldman Sachs Group has invested around Rs 500 crore ($70.8 million at current exchange rate) in Chennai ......

Accel, Chiratae, Dream Incubator back cancer care platform Onco.com

TMT

26 September, 2019

Accel, Chiratae, Dream Incubator back cancer care platform Onco.com

Onco.com, an online cancer care platform, said on Thursday it has raised $7 million (Rs 49.5 crore) in its Series ......

Accel invests in home décor platform Spacejoy

TMT

20 September, 2019

Accel invests in home décor platform Spacejoy

Home décor platform Spacejoy Design Solutions Pvt. Ltd has raised $1 million (Rs 7.1 crore at current exchange rate) in ......

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Robo-advisory firm Tavaga dials VC firms for big cheque

TMT

18 September, 2019

Robo-advisory firm Tavaga dials VC firms for big cheque

Tavaga Advisory Services Pvt. Ltd, a robo-advisory firm, is in talks with several venture capital firms to raise its first ......

Grapevine: Paytm eyes Yes Bank stake; Vogo, Bounce seek fresh funding

General

10 September, 2019

Grapevine: Paytm eyes Yes Bank stake; Vogo, Bounce seek fresh funding

Mobile payments company Paytm's owner, One97 Communications Ltd, is in preliminary discussions to pick up a stake in private-sector lender ......

Tiger Global, WestBridge lead $42 mn funding round in ed-tech starup Vedantu

TMT

30 August, 2019

Tiger Global, WestBridge lead $42 mn funding round in ed-tech starup Vedantu

Ed-tech startup Vedantu Innovations Pvt. Ltd has raised $42 million (Rs 300 crore) in a Series C funding round led ......

Accel invests in estate, construction materials platform Infra.Market

TMT

21 August, 2019

Accel invests in estate, construction materials platform Infra.Market

Business-to-business marketplace for real estate and construction materials Infra.Market has raised $3.5 million (approximately Rs 25.04 crore at current exchange ......

Accel, former Tiger Global exec Lee Fixel invest in SaaS startup Ally

TMT

20 August, 2019

Accel, former Tiger Global exec Lee Fixel invest in SaaS startup Ally

Ally, a business execution management software startup, on Tuesday said it has raised $8 million (Rs 57 crore) in its ......