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PE-backed NSE's valuation takes a breather after nearing $17 bn

Finance

14 March, 2023

PE-backed NSE's valuation takes a breather after nearing $17 bn

National Stock Exchange of India Ltd (NSE) recorded a correction in its valuation towards the fag end of 2022, months ......

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How profitable was SoftBank's latest partial exit from Indian firm?

Finance

02 March, 2023

How profitable was SoftBank's latest partial exit from Indian firm?

SoftBank, one of the biggest late-stage investors in Indian tech startups, has monetised for a second time part of its ......

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Tiger Global scores over 4x return on India exit move

TMT

22 February, 2023

Tiger Global scores over 4x return on India exit move

Tiger Global, one of the most active venture capital investors in the country over the past decade, has pressed the ......

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Sequoia-backed fintech ProgCap adding another lending layer; hits breakeven

Finance

22 February, 2023

Sequoia-backed fintech ProgCap adding another lending layer; hits breakeven

Digital lending platform ProgCap, which counts among its backers Sequoia Capital, Tiger Global and Google and has been operating a ......

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Deals Digest: Deal volume halves as funding slumps this week

TMT

17 February, 2023

Deals Digest: Deal volume halves as funding slumps this week

Deal volume nearly halved as venture capital and private equity funding activity saw a slight dip this week. Besides, mergers ......

PhonePe raises additional $100 mn as part of $1 bn round

Finance

14 February, 2023

PhonePe raises additional $100 mn as part of $1 bn round

Walmart-owned digital payments platform PhonePe said it raised an additional $100 million in primary capital from Tiger Global, Ribbit Capital ......

Vedantu's losses widen on rising costs

TMT

31 January, 2023

Vedantu's losses widen on rising costs

Edtech unicorn Vedantu Innovation Pvt Ltd has widened its losses as the revenues jumped by 80%. The company’s losses increased ......

Nexus leads $7 mn Series A round in B2B firm CapGrid

TMT

30 January, 2023

Nexus leads $7 mn Series A round in B2B firm CapGrid

Business-to-business (B2B) startup CapGrid Solutions Pvt Ltd on Monday said it has raised Series A funding of $7 million (around ......

Dealshare fires 6% staff amid structural rejig

TMT

27 January, 2023

Dealshare fires 6% staff amid structural rejig

Joining the long list of Indian startups that have been trimming their headcount to cut costs, grocery-focussed social commerce startup ......

BharatPe FY22 loss soars due to exceptional item

Finance

26 January, 2023

BharatPe FY22 loss soars due to exceptional item

Fintech unicorn BharatPe posted a net loss of Rs 5,610.7 crore in the last fiscal, rising nearly 3.4x from the ......