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5 mins read

A 'thaw in startup funding winter' as two unicorns emerge within a quarter

The year 2024 has been good for many startups, as deal activity is growing at a faster clip. While …

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5 mins read

Private equity and VC players make a killing as IPO rush yields them ₹10,000 crore

The great rush for initial public offerings (IPOs) has landed a bounty of massive proportions for e…

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2 mins read

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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3 mins read

Artificial Intelligence company from Silicon Valley enters Bihar

"We are hoping that the initial step that we are taking, can lead to a lot of progress down the …

PTI   


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1 min read

Walmart buys Tiger Global's residual Flipkart stake for $1.4 billion

Retail giant Walmart has reportedly paid $1.4 billion to acquire VC form Tiger Global's remaining s…

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10 mins read

PE and VC investors make a killing in the 2023 bull market

Indian stock markets have appreciated by over 7% in the last one year. The benchmark indices have a…

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1 min read

Zomato stock up after 10 crore shares worth ₹947 crore change hands

Around 10 crore shares of online food delivery platform Zomato, amounting to an 1.17 per cent of th…

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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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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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1 min read

Hedge fund Tiger Global has plunged to a $17 billion loss this year as its huge tech bets go sour

In four months, hedge fund Tiger Global has wiped out around two-thirds of its cumulative gains sin…

Harry Robertson   


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1 min read

CoinSwitch launches $10 million Web 3 Discovery Fund to invest in early-stage Indian startups

The Web3 Discovery Fund will invest in early-stage startups building blockchain solutions for the I…

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1 min read

PhonePe gets additional USD 100 million fund from General Atlantic

Decacorn fintech firm PhonePe has received an additional USD 100 million from General Atlantic duri…

PTI   


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1 min read

Tiger Global is reportedly halting new investment in Chinese stocks after President Xi Jinping's power grab

The hedge fund heavyweight is taking a wait-and-see approach to Chinese investments until Xi Jinpin…

Max Adams   


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3 mins read

Tiger Global writes down venture funds' bets by 33% in 2022, says Wall Street Journal

The markdowns erased USD 23 billion in value from its portfolio of startups.

ANI   


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3 mins read

Tiger Global is now an investor in three of the five B2B ecommerce unicorns in India

OfBusiness, which allows businesses to purchase bulk orders from sellers online, has doubled its va…

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1 min read

Fintechs raised $5.65 bn in 2022, a 47% drop from 2021: Tracxn

Fintech startups in India raised $5.65 billion in 390 rounds last year, a massive drop of 47 per ce…

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3 mins read

Startup GoMechanic cooked books, co-founder admits to grave errors, 70% staff sacked

Automobile after-sales service startup GoMechanic co-founder Amit Bhasin on Wednesday admitted to e…

PTI   


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1 min read

Sachin Tendulkar invests in used car platform Spinny

Tendulkar is a strategic investor in the company, as well as lead brand endorser. "Our countr…

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1 min read

PhonePe raises $100 million from Ribbit Capital, Tiger Global & TVS Capital Funds

PhonePe, a leading fintech company, has raised $100 million in new capital from Ribbit Capital, Tig…

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2 mins read

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 we…