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2 mins read

Sequoia Capital offloads 2% of its stake in Zomato

Top VC firm Sequoia Capital India has sold 17.2 crore shares of Zomato in two tranches in the open …

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India's once-hot startup Byju's was valued at $22 billion. Now, BlackRock says its investment is worth nothing.

The Indian company, once valued at $22 billion, is facing legal and financial troubles. HSBC just w…

Shubhangi Goel   


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Recycling startup Metastable Materials secures seed funding from Sequoia India's Surge & others

The startup is leading the way in developing a chemical-free process to recycle lithium-ion batteri…

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Bain Capital-backed Emcure Pharma to float ₹1,952-crore IPO on July 3

The IPO comprises fresh issuance of equity shares worth Rs 800 crore and an Offer For Sale (OFS…

PTI   


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Bira 91 raises $25 mn to expand manufacturing footprint

B9 Beverages Ltd, Bira 91's parent company, on Wednesday said it is raising $25 million in new fund…

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CPP Investments commits $205 mn to Indospace's new fund for building industrial, logistic parks in India

Canada Pension Plan Investment Board has committed to invest USD 205 million in IndoSpace's new rea…

PTI   


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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…

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This neobank for India's small businesses just raised $31 million led by Sequoia Capital

Flobiz, a neobank focused on small and medium businesses in India, has raised $31 million in a Seri…

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After F&O trading platform, CoinSwitch's founders launch zero-commission Mutual Funds with Lemonn

PeepalCo's Lemonn platform is now offering zero-commission Mutual Funds, competing with top Indian …

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Big-name investor Sequoia says startup due diligence is hard as 4 of its Asian portfolio companies face allegations of fraud or misconduct

Sequoia Capital India said there's often "hardly a business" for investors to analyse before they w…

Weilun Soon   


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4 mins read

MamaEarth, Encube Ethicals and 19 others make it to Hurun’s best PE-backed firms’ list

MamaEarth, Encube Ethicals and 19 others make it to Hurun’s best PE-backed firms’ list

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1 min read

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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Rigi raises ₹100 cr from Elevation Capital, MS Dhoni, Cred’s Kunal Shah & more

Rigi, a platform which allows creators and influencers to manage and monetize their communities, sa…

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Sequoia Capital India invests $7.3 million in sales engagement platform Outplay

Sequoia Capital India has invested $7.3 million in Outplay, a multi-channel sales engagement platfo…

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Payment solutions company Twid raises $12 million in series A funding from Rakuten Capital, Google and others

Twid, a payment solution platform, has raised $12 million in a series A funding round led by Rakute…

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3 mins read

BharatPe acquires Payback India from American Express and ICICI Investments Strategic Fund

Payback India - launched in 2010 - is a multi-brand loyalty programme with over 100 million m…

PTI   


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Here are five startups which managed to raise funds before the capital crunch hit them

Despite slowdown in capital raising, spiked inflation and hiked interest rates India saw a notable …

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OYO takes first step towards a $1.2 billion IPO, reportedly appoints 3 investment banks

The development was reported by Moneycontrol citing industry sources, who also highlighted that …

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Skincare brand Minimalist raises ₹110 crore in Series A funding led by Sequoia Capital India

The brand plans to utilise the funds to enhance its infrastructure and R&D capabilities, lau…

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1 min read

Amazon makes its first investment in Indian wealth management sector with Smallcase

Smallcase was founded in 2015 by Indian Institute of Technology (IIT) Kharagpur alumni Anugrah S…