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Anuj Suvarna

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Orios writes down GoMechanic investment

Finance

20 January, 2023

Orios writes down GoMechanic investment

Venture capital firm Orios Venture Partners, which owns about 17.1% of troubled car servicing startup GoMechanic, in an internal mail ......

B Capital marks final close of third fund at $2.1 billion

TMT

19 January, 2023

B Capital marks final close of third fund at $2.1 billion

US venture capital firm B Capital Group, which has backed Indian startups such as Byju’s, Meesho and BlackBuck, on Thursday ......

GoMechanic admits to irregularities, investors seek audit

General

18 January, 2023

GoMechanic admits to irregularities, investors seek audit

Investors of GoMechanic have ordered a forensic audit of the accounts of the car servicing startup by EY to examine ......

Bain appoints co-head for Asia Pacific PE division

People

18 January, 2023

Bain appoints co-head for Asia Pacific PE division

Global consulting firm Bain & Company on Wednesday appointed Sebastien Lamy to co-head the firm’s Asia Pacific private equity division.  In ......

Sequoia-backed Rebel Foods fires 2% of workforce

Finance

16 January, 2023

Sequoia-backed Rebel Foods fires 2% of workforce

Cloud kitchen brand Rebel Foods which operates Faasos, Behrouz Biryani and Oven Story Pizza has sacked close to 2% of ......

Google-backed ShareChat lays off 20% staff

People

16 January, 2023

Google-backed ShareChat lays off 20% staff

Google and Temasek-backed Mohalla Tech Pvt. Ltd, which runs social media platform ShareChat and short video platform Moj, said on ......

 Mt. K Kapital snags ₹350 cr from SBI, Rustomjee, others

Infrastructure

16 January, 2023

Mt. K Kapital snags ₹350 cr from SBI, Rustomjee, others

Real estate-focused fund management firm Mt. K Kapital has secured ₹350 crore (about $43 million) from anchor investors State Bank ......

Sequioa backed Klub extends credit to BluSmart, Hero Electric, others

Finance

16 January, 2023

Sequioa backed Klub extends credit to BluSmart, Hero Electric, others

Revenue-based financing platform Klub on Monday said it has extended credit up to Rs 50 crore (around $6 million) to ......

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Funding value drops as early-stage deals lead in ecosystem this week

Finance

13 January, 2023

Funding value drops as early-stage deals lead in ecosystem this week

Venture capital and private equity funding activity remained subdued in terms of value this week, as early-stage funding took precedence ......

Goat Brand acquires PE-backed Chumbak

Consumer

12 January, 2023

Goat Brand acquires PE-backed Chumbak

Direct-to-consumer (D2C) brand aggregator Goat Brand Labs has acquired home and lifestyle brand Chumbak for an undisclosed amount. The company ......