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Grapevine: Premji Invest, Macquarie, KKR, Shiprocket, Corona Remedies, Ola in news

General

13 December, 2024

Grapevine: Premji Invest, Macquarie, KKR, Shiprocket, Corona Remedies, Ola in news

A consortium of Premji Invest and Claypond Capital is set to acquire a significant minority stake in an airline, while ......

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InMobi, Zepto-backer MUFG Bank set to add another Indian unicorn to its portfolio

Infrastructure

24 October, 2024

InMobi, Zepto-backer MUFG Bank set to add another Indian unicorn to its portfolio

Japenese financial group MUFG Bank, which is an investor in several Indian startups including adtech unicorn InMobi and quick commerce ......

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Logistics-tech unicorn Shiprocket getting new offshore investor on cap table

Infrastructure

22 October, 2024

Logistics-tech unicorn Shiprocket getting new offshore investor on cap table

Logistics-tech unicorn Shiprocket, which is backed by investors such as Temasek, Lightrock India, Tribe Capital, Info Edge, 100Unicorns (erstwhile 9Unicorns), ......

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Tribe Capital joins hands with Oister Global for secondaries fund

Finance

23 September, 2024

Tribe Capital joins hands with Oister Global for secondaries fund

San Francisco-based Tribe Capital, which floated a dedicated Indian vehicle earlier this year, is partnering with domestic investment firm Oister Global to ......

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Grapevine: Zepto set to raise fresh funds; Flipkart-backed Shadowfax mulls IPO

General

12 August, 2024

Grapevine: Zepto set to raise fresh funds; Flipkart-backed Shadowfax mulls IPO

Zepto is set to raise $310 million (about Rs 2500 crore), boosting its valuation to $5 billion—a 40% increase from its ......

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Separating fact from fiction: how many unicorns does India really have?

TMT

20 March, 2024

Separating fact from fiction: how many unicorns does India really have?

Last week, Perfios, a startup offering software-as-a-service (SaaS) solutions, entered the much-coveted unicorn club after raising $80 million from late-stage ......

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Temasek-backed Shiprocket in talks for fresh funding ahead of listing

Infrastructure

12 December, 2023

Temasek-backed Shiprocket in talks for fresh funding ahead of listing

Logistics unicorn Shiprocket is looking at an internal round of funding, even as it is on its way to file ......

Shiprocket FY23 revenue soars 80% but higher costs widen loss

TMT

03 November, 2023

Shiprocket FY23 revenue soars 80% but higher costs widen loss

Logistics unicorn Shiprocket, operated by Bigfoot Retail Solutions Pvt Ltd, posted an almost 80% increase in its revenue to Rs 1,089 crore for ......

Temasek-Kuenhe + Nagel JV invests in logistics startup Locad

TMT

16 January, 2023

Temasek-Kuenhe + Nagel JV invests in logistics startup Locad

Logistech Solutions Pte Ltd, which runs logistics startup Locad, on Monday said it has raised $11 million (Rs 90 crore) ......

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Startups opt for hybrid work models with exceptions as covid eases

TMT

31 October, 2022

Startups opt for hybrid work models with exceptions as covid eases

Most of India’s unicorn startups are allowing their employees to continue working from home, but with certain exceptions. This as ......