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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 …
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…
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 …
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
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…
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…
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…
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…
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 …
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
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…
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
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
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
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…
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…
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
Sachin Tendulkar invests in used car platform Spinny
Tendulkar is a strategic investor in the company, as well as lead brand endorser. "Our countr…
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…
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…