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Joseph Rai

Cashify raises $90 mn from NewQuest, Prosus and others

Finance

23 June, 2022

Cashify raises $90 mn from NewQuest, Prosus and others

Online used-phone seller Cashify has raised $90 million (₹702 crore) in its Series E funding round led by new investors ......

Ola, Dailyhunt backer Matrix Partners India looks to raise $450 mn for 4th fund

Finance

21 June, 2022

Ola, Dailyhunt backer Matrix Partners India looks to raise $450 mn for 4th fund

Venture capital firm Matrix Partners India, which has backed unicorns like Ola and Dailyhunt, has kicked off the process to ......

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Kiran Mazumdar-Shaw on why VCs will not invest big time in biotech and more

Healthcare

21 June, 2022

Kiran Mazumdar-Shaw on why VCs will not invest big time in biotech and more

Earlier today, Immuneel Therapeutics Pvt Ltd, co-founded by Biocon founder Kiran Mazumdar-Shaw, raised Series A funding from private equity and ......

Kiran Mazumdar-Shaw co-founded biotech startup raises Series A funding

Healthcare

21 June, 2022

Kiran Mazumdar-Shaw co-founded biotech startup raises Series A funding

Immuneel Therapeutics Pvt Ltd, co-founded by Biocon founder Kiran Mazumdar-Shaw, has raised around $15 million (Rs 116 crore) in a ......

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Dailyhunt sets foot outside India, to launch operations in West Asia

TMT

21 June, 2022

Dailyhunt sets foot outside India, to launch operations in West Asia

VerSe Innovation Pvt. Ltd, flush from a massive $805 million capital raise in April, has marked its international entry with ......

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Citymall lays off 191 employees

TMT

19 June, 2022

Citymall lays off 191 employees

Cmunity Innovations Pvt Ltd, which runs online retail platform Citymall, has laid off a section of its employees, a person ......

B2B insurtech platform Pazcare snags Series A led by Jafco Asia

TMT

17 June, 2022

B2B insurtech platform Pazcare snags Series A led by Jafco Asia

Pazcare, an employee benefits and insurtech platform, said it has raised $8.2 million (around Rs 64 crore) in a Series ......

Canbank VC fund, others back automotive aftermarket startup Koovers

TMT

17 June, 2022

Canbank VC fund, others back automotive aftermarket startup Koovers

Koovers, a buinsess-to-business (B2B) automotive aftermarket quick commerce startup, has raised $1 million in pre-Series A funding round from Canbank ......

Omnivore ropes in America's development finance institution as LP in new fund

Finance

17 June, 2022

Omnivore ropes in America's development finance institution as LP in new fund

Agritech focused venture capital firm Omnivore has roped in America’s development finance institution, US International Development Finance Corporation (DFC), as ......

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Former Tiger Global exec-floated Rise Capital aims to allocate quarter of its funds to India

TMT

16 June, 2022

Former Tiger Global exec-floated Rise Capital aims to allocate quarter of its funds to India

US-based emerging markets-focused venture capital firm Rise Capital, which entered India this year, expects to allocate around a quarter of ......