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Tiger Global backed fintech startup OkCredit laysoff employees

TMT

23 February, 2022

Tiger Global backed fintech startup OkCredit laysoff employees

OkCredit, which is backed by marquee investors including Tiger Global and Lightspeed, has laid off around 40 employees, a person ......

Chargebee valuation jumps 2.5X after racking up $250 mn from Tiger Global, Sequoia, others

TMT

01 February, 2022

Chargebee valuation jumps 2.5X after racking up $250 mn from Tiger Global, Sequoia, others

Chargebee, which runs a software-as-a-service-based subscription management platform, on Tuesday said it has raised $250 million in a funding co-led ......

Moglix raises $250 mn in Series F funding; valn more than doubles to $2.6 bn

TMT

28 January, 2022

Moglix raises $250 mn in Series F funding; valn more than doubles to $2.6 bn

Industrial goods marketplace Moglix on Friday said it has raised $250 million (Rs 1878 crore) as part of its Series ......

Tiger Global-backed Porter announces first ESOP liquidation worth $5 mn

Consumer

20 January, 2022

Tiger Global-backed Porter announces first ESOP liquidation worth $5 mn

On-demand intra-city logistics provider Porter has executed its first employee stock ownership plan (Esop) monetisation program worth $5 million (approximately ......

M2P Fintech raises $56 mn in series C1 round led by Insight Partners

Finance

20 January, 2022

M2P Fintech raises $56 mn in series C1 round led by Insight Partners

Chennai-headquartered M2P Solutions, which owns payments infrastructure platform M2P Fintech, has raised $56 million (around Rs 420 crore) in a ......

Tiger Global, Sequoia Capital India lead funding in SaaS startup Lummo

TMT

19 January, 2022

Tiger Global, Sequoia Capital India lead funding in SaaS startup Lummo

Indonesia-based startup Lummo, which focuses on digitising micro small and medium enterprise (MSME) operations, on Wednesday said it has raised ......

Groww turns profitable as revenue jumps 14-fold in FY21

Finance

19 January, 2022

Groww turns profitable as revenue jumps 14-fold in FY21

Nextbillion Technology Pvt Ltd’s which operates Groww has turned profitable thanks to its rise in its revenue, according to regulatory ......

Cred expands ESOP pool to $500mn a month after raising funds

Finance

19 January, 2022

Cred expands ESOP pool to $500mn a month after raising funds

Credit card payment platform Cred, owned and operated by Dreamplug Technologies Pvt Ltd, has expanded its employee stock option plan ......

Tiger Global, Steadview others bet $75 mn on investment platform INDmoney

TMT

18 January, 2022

Tiger Global, Steadview others bet $75 mn on investment platform INDmoney

INDmoney, an investment management platform operated by Finzoom Investment Advisors Pvt Ltd, has raised $75 million as a part of its Series ......

Satya Nadella invests in Tiger Global-backed fintech unicorn Groww

TMT

08 January, 2022

Satya Nadella invests in Tiger Global-backed fintech unicorn Groww

Satya Nadella, Chairman and CEO of Microsoft Corp., has joined Indian fintech unicorn Groww as a new investor and advisor. ......