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Bottomline: Bessemer-backed digital media firm Hungama's business just fell off a cliff

TMT

16 January, 2024

Bottomline: Bessemer-backed digital media firm Hungama's business just fell off a cliff

Homegrown digital media and entertainment venture Hungama Digital, which publishes and distributes audio and visual content, has slipped into wider ......

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Bessemer, Jhunjhunwala-backed Hungama raising fresh funding

TMT

04 January, 2024

Bessemer, Jhunjhunwala-backed Hungama raising fresh funding

Hungama Digital Media Entertainment Pvt. Ltd, a publisher and distributor of music and videos titles that counts Bessemer Venture Partners ......

WorkIndia taps SBI Holdings, others for $12 mn round

Finance

12 January, 2023

WorkIndia taps SBI Holdings, others for $12 mn round

Blue and grey-collar job portal WorkIndia has raised $12 million (Rs 98.4 crore) in a pre-Series B funding round from ......

Edtech unicorn Unacademy buys test prep firm Gate Academy

TMT

06 September, 2022

Edtech unicorn Unacademy buys test prep firm Gate Academy

Edtech major Unacademy has clocked its 9th acquisition in 2022 so far, by bringing under its umbrella Bengaluru-based test prep ......

Unacademy's partner and CMO Karan Shroff steps down

TMT

01 September, 2022

Unacademy's partner and CMO Karan Shroff steps down

In a senior level exit at Softbank-backed edtech unicorn Unacademy, the firm's partner and chief marketing officer Karan Shroff has ......

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Premji Invest-backed KrazyBee parent set to raise $75-100 mn

Finance

16 June, 2022

Premji Invest-backed KrazyBee parent set to raise $75-100 mn

The holding entity of fintech firms KreditBee and Krazybee is in advanced stages to raise around $75-100 million (Rs 585-780 ......

China smartphone maker Xiaomi to invest $10 bn in new EV unit over 10 years

Consumer

30 March, 2021

China smartphone maker Xiaomi to invest $10 bn in new EV unit over 10 years

Chinese smartphone maker Xiaomi Corp has formally entered the automotive industry with a new smart electric vehicle (EV) business, the ......

Xiaomi adds manufacturing muscle in India to boost phone production

Manufacturing

25 February, 2021

Xiaomi adds manufacturing muscle in India to boost phone production

China's Xiaomi Corp is enlisting more contract manufacturers to make its phones in India, adding heft in a country where ......

Warburg Pincus backs consumer electronics brand boAt in rare consumer bet

Consumer

06 January, 2021

Warburg Pincus backs consumer electronics brand boAt in rare consumer bet

In a rare consumer sector bet, Warburg Pincus has invested nearly $100 million in Imagine Marketing Pvt Ltd, the Mumbai ......

India import hurdles hit Apple iPhone, Xiaomi devices from China

General

25 November, 2020

India import hurdles hit Apple iPhone, Xiaomi devices from China

India's tight control of quality clearances for electronic goods from China slowed the import of Apple's new iPhone model last ......