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Fintech unicorn Groww rejigs ownership structure amid IPO buzz

TMT

04 March, 2025

Fintech unicorn Groww rejigs ownership structure amid IPO buzz

Online investing platform and mutual fund company Groww, which counts New York-based Tiger Global and several other venture capital firms ......

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Amazon buying fintech Axio but few VC investors emerging as winners

TMT

16 January, 2025

Amazon buying fintech Axio but few VC investors emerging as winners

Ecommerce giant Amazon has agreed to acquire India's Axio in a transaction that will likely leave little on the table ......

Amazon Smbhav Venture doubles up on NBFC platform axio

Finance

23 August, 2024

Amazon Smbhav Venture doubles up on NBFC platform axio

Amazon Smbhav Venture Fund, the India-focused investment vehicle of the US based e-commerce giant, has doubled up on its earlier ......

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Flashback 2023: Private investments and M&As take a hit as investors show caution

General

29 December, 2023

Flashback 2023: Private investments and M&As take a hit as investors show caution

India’s private investment scenario was more or less grim through 2023 as investors shifted stances, tweaked criteria and took more ......

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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 ......

PhonePe's FY23 revenue jumps 77%, turns Ebitda positive on adjusted basis

TMT

18 October, 2023

PhonePe's FY23 revenue jumps 77%, turns Ebitda positive on adjusted basis

Walmart-owned Indian digital payments unicorn PhonePe's revenue surged 77% during the year ended March 2023, on the back of rapid ......

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Deals Digest: Transaction value jumps this week; Max, SRL ink healthcare M&As

TMT

14 April, 2023

Deals Digest: Transaction value jumps this week; Max, SRL ink healthcare M&As

The total value of private equity and venture capital deals grew over four-fold this week from the previous five-day period, ......

PhonePe snags another $100 mn from General Atlantic, others

TMT

12 April, 2023

PhonePe snags another $100 mn from General Atlantic, others

Walmart Inc.-owned PhonePe has raised another $100 million (about Rs 820 crore) in the latest tranche of its ongoing fundraise ......

Walmart injects $200 mn more into PhonePe, retains majority stake

TMT

17 March, 2023

Walmart injects $200 mn more into PhonePe, retains majority stake

Fintech company PhonePe said on Friday it has raised an additional $200 million (around Rs 1,650 crore) in primary capital ......

CoinSwitch launches new fund to incubate early-stage startups

TMT

09 August, 2022

CoinSwitch launches new fund to incubate early-stage startups

Crypto trading platform CoinSwitch has announced a “Web3 Discovery Fund” to incubate and invest in early-stage blockchain startups, the company ......

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