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2 mins read
Nykaa competitor Purplle is the latest unicorn after a $33 million fundraise
Cosmetics ecommerce company Purplle — which competes with Falguni Nayar’s Nykaa — is now valued at …
2 mins read
In the funding winter, only four companies turn unicorns in the June quarter
The ongoing funding winter has already caused a slowdown in the unicorn creation trend of India. On…
2 mins read
Nykaa's rival Purplle raises $38 million from Pantaloon’s CEO, Sequoia
According to the regulatory filings, Purplle has approved the allotment of 5608 Series D1 pref…
1 min read
From Dunzo to Purplle to Khatabook — here are the 21 startups that may turn unicorns in 2022
There were several high points in the Indian startup ecosystem in 2021. Nine tech startups got list…
1 min read
Online personal care platform Purplle.com raises USD 8 million in funding
Mumbai, Jan 13 () Global investor Goldman Sachs-backed online beauty and personal care platform Pur…
PTI
10 mins read
New Indian unicorns get rarer in 2022 as funding winter sets in
While 46 companies turned unicorns last year, according to Tracxn’s Geo Annual Report: India Tech 2…
3 mins read
May is the first month of 2022 when startups raised less than $2 billion
In the middle of a heatwave in May is when the funding winter kicked off this year. May is the firs…
1 min read
B2B Manufacturing startup Groyyo raises $4.6M led by Alpha Wave Incubation
Founded in July 2021, Groyyo has been working with MSMEs across South Asia. The company said …
2 mins read
Amazon, Wipro Consumer and Ascent Capital invest in beauty brand MyGlamm
Founded in 2017 by Darpan Sanghvi and co-founded by Priyanka Gill, MyGlamm competes with the lik…
1 min read
Blume Ventures announces final close of Fund III at $102 mn
"Blume's newest fund will continue to back early stage startups focusing on the two distinct oppor…
PTI
3 mins read
Droom files for ₹3,000 crore IPO — the online car dealer wants ₹400 crore for acquisitions
Online automobile marketplace Droom has filed its draft red herring prospectus (DRHP) for its ₹3,00…
3 mins read
Mamaearth says it has turned profitable as revenue neared ₹500 crore last year
Direct-to-consumer (D2C) personal care brand Mamaearth has turned profitable in the financial year …
3 mins read
Mumbai Angel Network plans to invest in 60 early-stage startups this year
Mumbai Angel Network is planning to pump up its investments in the Indian startup ecosystem this fi…
7 mins read
Nykaa vs ITC memes are hilarious but it may not be the right comparison
Social media is buzzing with memes asking why Nykaa, a fashion retailer with an annual profit of ₹6…
1 min read
Deepika Padukone joins long list of Bollywood celebs to invest in startups – and her bet is on Greek yogurt
The 11-year old company that sells a line of greek yogurt and smoothies has made its way into …