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Flipkart Raises $500-600 Million; Now Valued At $10 Billion
This is Flipkart’s third fund-raising event this year. It had received $210 million earlier this ye…
Shark Tank investor Kevin O'Leary says it 'makes no sense whatsoever' to avoid Chinese stocks and investors shouldn't ignore the world's fastest growing economy
"To have no allocation in the Chinese market makes no sense whatsoever ... you've got to stomach vo…
Jennifer Sor
ScoopWhoop and MyGlamm’s parent, which is backed by Amazon, is now valued over a billion dollars
The Good Glamm Group — the parent company of direct-to-consumer (D2C) beauty brand MyGlamm — has en…
Prosus terminates $4.7 bn deal to acquire BillDesk
Prosus NV, which owns PayU, has terminated a $4.7 billion (about Rs 38,400 crore) deal to acquire…
PTI
Swiggy gets a $1.25 billion cheque from Softbank for the same reason Zomato went for an IPO
Swiggy has raised $1.25 billion in a funding round led by SoftBank Vision Fund II and Prosus, a wee…
Prosus buys payment gateway firm BillDesk in one of India's biggest fintech deals ever
This is one of the biggest buyouts done by Prosus and one of the largest merger and acquisition …
Amazon-backed Good Glamm Group acquires 2 more startups, intends to invest ₹200 crore to boost influencer marketing
The Good Creator Co will offer content creators and influencers access to the brand campai…
Feminine hygiene startup Sirona raises ₹100 crore from ScoopWhoop's parent Good Glamm Group
Sirona - which makes products like PeeBuddy and menstrual cups - said it aims to hit the ₹500 cr…
PTI
Payments firm ZestMoney raises $50 million to test out insurance business
Payments company Zestmoney, which allows customers to ‘buy now and pay later’ (BNPL), has raised $5…
Prosus commits Rs 100 crore for PM's Covid relief fund
Prosus has invested around USD 5 billion (about Rs 37,900 crore) in Indian technology companies sin…
PTI
Former Myntra CEO started Mensa Brand in May and it’s already worth a billion dollars
A unicorn, in the startup purlance, is a company valued at over billion dollars. Mensa brand…
Flipkart raises $3.6 billion at a valuation of over $37 billion, to focus on ‘millions of small and medium Indian businesses’
Walmart-owned e-commerce titan Flipkart has raised $3.6 billion (approx. ₹26,800 crore at current r…
Swiggy tightens focus on grocery delivery, as Zomato steps out
While Zomato has decided to step away from direct competition in the segment for now, Swiggy has…
Zomato IPO to open on July 14 with shares priced at ₹72-76 apiece
Zomato will be floating its IPO next week on July 14 and has set the offer price for these public s…
These are the five Indian VCs in the top 25 venture capitalists in GCV Powerlist
Shankar Chandran, Managing Director, Samsung Catalyst Fund, who shared the ranking with his coll…
India’s new e-commerce policy has rivals Flipkart and Amazon teaming up to counter the new directive — and the ‘Republic Day’ sale will probably be their last
Investment companies like SoftBank, Tiger Global, Sequoia and Naspers are also reportedly being …
Swiggy orders $113 million in funds to take on Zomato-UberEats combine
Interestingly, MIH India Food is owned by Naspers, while Hadley Harbor is backed by Wellington M…
Zomato will likely stay ahead of rival Swiggy in latest round of valuations
The report come swiftly after rival food delivery service Swiggy closed a $210 million infusi…
These two Indian startups are in the World Economic Forum's Technology Pioneers list that has earlier had Google, Airbnb, and Twitter
The World Economic Forum has released its list of Technology Pioneers of 2020 and two Indian startu…
Jan records PE investments worth USD 2.5 bn: Report
"After a record setting 2019, PE/VC investments in 2020 are off to a good start with investments w…