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Delhivery IPO worth Rs 5,235 cr opens on May 11

TMT

05 May, 2022

Delhivery IPO worth Rs 5,235 cr opens on May 11

Delhivery, the SoftBank-backed logistics unicorn, plans to raise ₹5,235 crore next week through an initial public offering, a sign of ......

Delhivery reduces IPO issue size by 30%; Softbank, Carlyle cut OFS portions

TMT

04 May, 2022

Delhivery reduces IPO issue size by 30%; Softbank, Carlyle cut OFS portions

Logistics unicorn Delhivery has pruned its initial public offering (IPO) by around 30% to Rs 5,235 crore ($686 million) from ......

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Soonicorns: The 22 startups waiting in the wings to become unicorns in 2022

TMT

10 January, 2022

Soonicorns: The 22 startups waiting in the wings to become unicorns in 2022

If last year saw India spawn 44 unicorns, or those startups with over $1 billion valuation, this year will see ......

IPO-bound Delhivery backs logistics automation platform Falcon Autotech

TMT

05 January, 2022

IPO-bound Delhivery backs logistics automation platform Falcon Autotech

Market-bound logistics company Delhivery said it has invested in logistics automation solution startup Falcon Autotech, for an undisclosed amount.  Delhivery said ......

Nexus Venture Partners co-founder Naren Gupta passes away

People

27 December, 2021

Nexus Venture Partners co-founder Naren Gupta passes away

Naren Gupta, one of the oldest venture capitalists in India to have pioneered the path of investments in startups, died ......

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Indian technology startups come of age in 2021 with big-bang IPOs

TMT

21 December, 2021

Indian technology startups come of age in 2021 with big-bang IPOs

When online food delivery firm Zomato filed for its $1.11 billion initial public offering (IPO) in April, the second covid ......

JusPay raises $60 mn from SoftBank Vision Fund 2, others at $460 mn valuation

Finance

15 December, 2021

JusPay raises $60 mn from SoftBank Vision Fund 2, others at $460 mn valuation

JusPay Technologies Pvt Ltd, which operates a payments technology platform, has raised $60 million in its Series C funding round ......

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Tracxn expects US, Europe, to continue contributing most to sales

TMT

09 December, 2021

Tracxn expects US, Europe, to continue contributing most to sales

Flipkart founders-backed Tracxn expects Europe and the US, its traditional markets, to continue contributing the most to its revenue even as it is witnessing strong growth from Southeast Asian countries ......

IPO-bound Delhivery acquires California-based Transition Robotics

TMT

08 December, 2021

IPO-bound Delhivery acquires California-based Transition Robotics

Market-bound logistics company Delhivery has acquired California-based Transition Robotics Inc for an undisclosed sum, the company said in a statement.    After the transaction, ......

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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 ......