Swiggy
Consumer
Fingerlix bags fresh funding from existing investors in Series C round
Ready-to-cook food startup Fingerlix has raised nearly Rs 14 crore ($1.85 million at current exchange rates) in a funding round ......
TMT
Swiggy, Zomato raise fresh funding as lockdown disrupts food delivery ops
Indian food delivery rivals Swiggy and Zomato have received fresh capital with the former raising as much as $43 million ......
General
Grapevine: BigBasket eyes Milkbasket, DailyNinja; SoftBank seeks $10 bn for Vision Fund
Online grocery major BigBasket is in talks to acquire micro-delivery startup Milkbasket and hyperlocal delivery startup DailyNinja, a media report ......
TMT
Which top-funded Indian startups are spending the most on technology?
India’s top-funded startups shelled out almost half a billion dollars to beef up technology infrastructure during the year ended March ......
TMT
Who are the biggest cash guzzlers in India Startup Inc?
Cash burn is a necessary evil that venture investors have to deal with, but India’s best-funded startups turned more aggressive ......
Finance
Indian startups raking it in from money parked in mutual funds; ‘other income' up 31%
Indian technology startups generated a neat treasury income, or income from investment of surplus cash pumped in by investors, with ......
TMT
India's 50 best-funded startups clocked $5 bn revenue with $2.8 bn loss in FY19
Indian tech startups, which had put a brake on cash burn in 2017-18 as investors started asking about visibility on ......
General
Grapevine: Everstone looks to sell IT firm Everise; Adani may bid for Air India
Private equity firm Everstone Capital has decided to sell its Singapore-based IT services firm Everise Holdings for about $300 million, ......
TMT
Naspers, Meituan-Dianping deliver fresh capital to Swiggy
Food delivery platform Swiggy has raised Rs 805 crore (approximately $112.56 million at current exchange rates) in a round of ......
TMT
Ola, Swiggy investor Tencent to step up bets outside China
Chinese tech giant Tencent Holdings said it will step up its investment overseas and in industries such as "smart retail", ......
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