Unicorn
TMT
Peak XV, Lightrock-backed Yubi's topline rises, net loss narrows
Financial services unicorn Yubi (erstwhile CredAvenue), which provides debt restructuring, credit assessment and collections services to banks, fintech companies and non-banking financial ......
TMT
BlackBuck gets a valuation markdown ahead of IPO as it divests key revenue generator
BlackBuck, which entered the haloed club of technology unicorns (startups valued at $1 billion or more) during 2021 when venture ......
Finance
Paytm slides deeper into losses after RBI order, warns of more downside
Paytm posted a wider loss in the fourth quarter on Wednesday and warned of further financial impact in the current ......
TMT
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 ......
General
Grapevine: Quadria Capital sets sight on PE-backed dialysis chain; WizFreight raises funding
Asia healthcare-focussed private equity firm Quadria Capital, which has backed names like Maxivision Eye Hospitals, MediBuddy, Nobel Hygiene and Concord ......
Infrastructure
B2B unicorn OfBusiness hits the road to raise funds in pre-IPO round
Business-to-business e-commerce unicorn OfBusiness is in early stages of discussion with multiple investors – both domestic and sovereign wealth funds ......
TMT
Tiger Global-backed Apna's revenue grows 3x but net loss remains stable
Tiger Global-backed recruitment platform for grey and blue-collared workers Apna has posted a nearly 3x growth in its revenue, while it ......
TMT
PhonePe's FY23 revenue jumps 77%, turns Ebitda positive on adjusted basis
Walmart-owned Indian digital payments unicorn PhonePe's revenue surged 77% during the year ended March 2023, on the back of rapid ......
TMT
EvolutionX signs $40 mn cheque to Mensa Brands
Mensa Brands Technologies Pvt. Ltd, which owns and operates a host of direct-to-consumer companies, on Thursday said it has raised ......
TMT
Tiger Global-backed Razorpay marks 8th acquisition with BillMe
Fintech unicorn Razorpay has acquired Mumbai-based JHKP Technologies Pvt. Ltd, which operates digital invoicing and customer engagement platform BillMe. This ......
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