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Neobank Open raises $100 mn in Series C funding round led by Temasek

TMT

12 October, 2021

Neobank Open raises $100 mn in Series C funding round led by Temasek

Small and medium enterprise (SME) focused neo-bank, Open, on Tuesday said that it has raised Rs 735 crore (roughly $100 ......

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For Accel and Tiger Global, we have possibly clocked the largest value of returns: Girish Mathrubootham

TMT

10 October, 2021

For Accel and Tiger Global, we have possibly clocked the largest value of returns: Girish Mathrubootham

Freshworks Inc. created history last month by becoming the first software-as-a-service (SaaS) startup from India to list on Nasdaq, making ......

Tiger Global, Creation Investments lead $30 mn Series C funding in Progcap

Finance

04 October, 2021

Tiger Global, Creation Investments lead $30 mn Series C funding in Progcap

Retailer-focused financing provider Progcap on Monday said it has raised $30 million (Rs 221 crore) as part of its Series ......

B2B ecommerce platform OfBusiness raises $150 mn Series F funding from Tiger Global

TMT

30 September, 2021

B2B ecommerce platform OfBusiness raises $150 mn Series F funding from Tiger Global

Business to business (B2B) ecommerce platform OfBusiness has raised $194 million in its Series F funding round led by Tiger ......

Classplus does buyback for employees, offers stock options as referral bonus

TMT

28 September, 2021

Classplus does buyback for employees, offers stock options as referral bonus

Classplus, a Tiger Global-backed SaaS platform that digitises offline coaching institutes, said it has done its first-ever buyback for employees. Under ......

Tiger Global-backed Infra.Market acquires RDC Concrete from True North

Manufacturing

20 September, 2021

Tiger Global-backed Infra.Market acquires RDC Concrete from True North

Infra.Market, the Tiger Global-backed marketplace for construction materials which achieved unicorn status in February, has agreed to acquire RDC Concrete ......

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Freshworks IPO to give 72% annualised return on total infusion by financial investors

TMT

15 September, 2021

Freshworks IPO to give 72% annualised return on total infusion by financial investors

The initial public offering of Freshworks Inc will hand 72% annualised return on the total investment made by financial investors ......

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PE/VC firms pump in $27 bn in Indian startups since April; gave birth to 20 unicorns

TMT

12 September, 2021

PE/VC firms pump in $27 bn in Indian startups since April; gave birth to 20 unicorns

The first five months of this financial year have already brought a lot of cheer to the startup ecosystem.  Indian startups ......

Sequoia Capital has highest number of potential unicorns in portfolio: Hurun List

Finance

02 September, 2021

Sequoia Capital has highest number of potential unicorns in portfolio: Hurun List

Sequoia Capital India, the most active investor in the country, currently owns the highest number of companies in its portfolio ......

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Razorpay in talks to raise about $250 mn; eyes $4 bn valuation

TMT

02 September, 2021

Razorpay in talks to raise about $250 mn; eyes $4 bn valuation

Fintech unicorn Razorpay is in discussion with large global funds to raise $200-250 million (Rs 1,460 crore—Rs 1.825 crore) in ......