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AI startup Neysa raises $20 mn from Matrix Partners, Nexus Venture Partners & more

AI cloud and platform-as-a-service (PaaS) startup Neysa on Wednesday said it has raised $20 million…

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Retail tech platform Dukaan lays off 30% of its workforce; second layoff in 6 months

SaaS platform for online stores Dukaan has laid off nearly 30 per cent of its workforce, or around …

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2 mins read

Agritech startup Vegrow raises $13 million Lightspeed, Elevation

Vegrow has raised $13 million in a Series A round co-led by Lightspeed Venture Partners and Elevati…

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OfBusiness, a platform that helps SMEs get raw materials, becomes the newest unicorn from India

As per the company’s press note, OfBusiness was valued at more than $1.5 billion. A unicorn, in …

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The Whole Truth, a ‘healthy’ packaged food brand, raises $6 million to enter new categories

Healthy packaged food startup The Whole Truth (TWT) has raised $6 million in its Series A round led…

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Facebook partners with sixth VC firm in India – Matrix Partners to scale small businesses

The move comes barely a week after the social networking giant announced a grant of $4.3 million…

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India's top VCs publish ‘best practices’ for startups to tide over the Covid-19 crisis

The VCs published their notes on Twitter so that it’s accessible to all entrepreneurs – big …

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GoDutch – India's answer to Splitwise – raises funds from Matrix Partners, Tinder and Twitch co-founders among others

Indian payments platform GoDutch has raised $1.7 million from Matrix Partners. The seed funding als…

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India’s top VCs set-up ₹100 crore grant to fund ideas to fight Covid-19

On Tuesday evening (March 31), India’s top VCs published an extensive note for startup founders to …

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Indian edtech startup that helps students prepare for government jobs raises ₹60 crore

The five-year-old startup founded by a team of IIT graduates is an online assessment platform …

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Exclusive: Avnish Bajaj, Founder & MD, Matrix Partners India thinks that investing is entrepreneurship on steroids

“I wanted to get rich, quick,’’ he states simply, “I was carried away by the dot-com craze and …

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4 mins read

Matrix Partners bet early on Apple and FedEx. Here's why the VC is now investing millions on a trucking startup.

It's not the most fortuitous time for Matrix's first trucking investment. In the past year, truck d…

Rachel Premack   


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Zuckerberg's Meta partners with Kalaari Capital to upskill young startups in India

"As part of this initiative, Meta has partnered with India's largest VC funds. We are thrilled to n…

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3 mins read

Exclusive: Avnish Bajaj, Founder & MD, Matrix Partners India says that for him, only entrepreneurs matter in a start-up

“It has always been about achievement. That being said, money is a scorecard for achievement. N…

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2 mins read

Elon Musk says that Ivanka Trump read his 'red pill' tweet too politically

In an interview with The New York Times, Elon Musk spoke about his contentious "take the red pill" …

Palmer Haasch   


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SME financing platform OfBusiness raises $110 million from Falcon Edge Capital – valuation hits $800 million

Business-to-business platform OfBusiness has raised $110 million from Falcon Edge Capital. The roun…

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Ola Cabs to receive $400mn funding soon

New York-based hedge fund Falcon Edge and Silicon Valley venture fund Accel Partners are expected t…

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5 mins read

Why This 28-Year-Old Executive Left Square To Become A Venture Capitalist

As I considered and spoke with people about what might be next over the last few months, I received…

Owen Thomas   


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Kia and Hyundai tumble after companies say they're not partnering with Apple to develop an electric vehicle

Shares of Hyundai and Kia fell 15% and 6%, respectively, after calling off EV talks with Apple.

Emily Graffeo   


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ACT Grants partners with Gates Foundation, MSDF & Wadhwani Foundation for combating COVID-19

Wadhwani Foundation will also provide grants forselected projects, with a focus on immediate impact…

PTI