Dream11

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27 September, 2024

Grapevine: ChrysCap nears deals for two dessert chains ; WeWork exit deal collapses

ChrysCapital is inching closer to acquire bakery and dessert chains Theobroma Foods and Belgian Waffle Co. in a deal valued ......

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25 September, 2024

Dream11 set to bring another offshore investor on its captable

Tiger Global-backed Dream Sports Inc, which operates fantasy sports platform Dream11 and was last valued at about $8 billion when ......

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09 April, 2024

How India's top-funded startups curbed cash burn as VC funding slowed

India’s top-funded startups reduced their average monthly cash burn rate in the financial year ended March 2023, as they reined ......

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03 April, 2024

Indian startups' income from VC cash lying in bank deposits, mutual funds jumps again

India’s top technology startups generated high non-operating revenue for the second year in a row during the 12 months through ......

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29 March, 2024

India's top-funded tech startups reined in FY23 losses as revenue growth slowed

India's top-funded technology startups, which went overboard with expenses to attract talent and customers in 2021-22 thanks to record venture ......

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25 October, 2023

Sleuths demand $12 bn in taxes from Indian online gaming companies

Indian tax authorities have served notices to online gaming companies demanding about 1 trillion rupees ($12.03 billion) in taxes that ......

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06 October, 2023

Grapevine: Oyo in talks with Apollo Global to refinance loan; Dream11 buys Sixer

Hospitality firm Oyo Hotels and Rooms, operated by Oravel Stays Pvt Ltd, is in discussions with a US-based alternative asset manager to refinance a $660-million loan, a ......

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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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11 July, 2023

Government levies indirect tax on online gaming companies

India on Tuesday decided to impose a 28% indirect tax on the turnover of online gaming companies, a state minister ......

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27 March, 2023

How top Indian startups raked it in from VC money parked in mutual funds, banks

Indian technology startups generated high non-operating revenue, or income from investment of surplus cash pumped in by investors in the ......