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Deals Digest: Funding momentum picks up this week due to two large deals

General

22 November, 2024

Deals Digest: Funding momentum picks up this week due to two large deals

Capital raised by startups in the week ended 22 November edged up, propelled by two big-ticket deals including another large ......

General Catalyst acquires VC firm Venture Highway

Finance

20 June, 2024

General Catalyst acquires VC firm Venture Highway

US-based venture capital firm General Catalyst, which makes early-stage and growth equity investments globally, has acquired Indian VC firm Venture ......

Tiger Global-backed Moglix posts wider FY23 loss, revenue jumps 82%

Finance

10 October, 2023

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 ......

Moglix backer Jungle Ventures elevates senior executive to partner

People

20 June, 2023

Moglix backer Jungle Ventures elevates senior executive to partner

Jungle Ventures, which counts Indian business-to-business marketplace Moglix and home décor platform Livspace as its investee companies, on Tuesday said ......

Accel, Singh Capital Partners invest $10 mn in EcoSoul

TMT

20 April, 2023

Accel, Singh Capital Partners invest $10 mn in EcoSoul

India and US-based eco-friendly products maker EcoSoul Home on Thursday said it has mopped up Series A funding of $10 ......

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B2B manufacturing marketplace Zetwerk pulls in $12 mn in debt funding

Finance

06 March, 2023

B2B manufacturing marketplace Zetwerk pulls in $12 mn in debt funding

Business-to-business (B2B) manufacturing services marketplace Zetwerk has raised around ₹100 crore in debt capital, with a fund backed by the ......

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Ice cream brand NIC to raise funding from Jungle Ventures

Consumer

24 January, 2023

Ice cream brand NIC to raise funding from Jungle Ventures

Singapore’s Jungle Ventures, which has backed unicorns such as Moglix and Livspace, has emerged as the primary suitor to invest ......

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‘We will likely double revenue this fiscal year'

Infrastructure

19 January, 2023

‘We will likely double revenue this fiscal year'

Moglix, a business-to-business (B2B) marketplace for industrial goods, aims to double its revenue this financial year as it continues to ......

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Layoffs at startups continue in 2023 amid funding winter

TMT

18 January, 2023

Layoffs at startups continue in 2023 amid funding winter

Indian startups continued to lay off employees in 2023, with at least 11 tech startups firing 1,400 employees in the ......

Ola sacks employees post restructuring

TMT

13 January, 2023

Ola sacks employees post restructuring

Bengaluru-based cab aggregator platform Ola Cabs has laid off employees from some of its verticals as part of a restructuring ......