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Porter raises Rs 750 cr from Tiger Global, others; valued at Rs 3,750 cr

Infrastructure

25 October, 2021

Porter raises Rs 750 cr from Tiger Global, others; valued at Rs 3,750 cr

On-demand intra-city logistics provider Porter has raised Rs 750 crore (roughly $100 million) in its Series E funding round led ......

Groww raises $251 mn, triples valuation to $3 bn in six months

TMT

25 October, 2021

Groww raises $251 mn, triples valuation to $3 bn in six months

Wealth management and investment platform Groww has raised $251 million as a part of its latest Series E funding led ......

Clear raises $75 mn in Series C round, eyes international expansion

TMT

24 October, 2021

Clear raises $75 mn in Series C round, eyes international expansion

Clear, an online taxation and fintech software provider that was formerly named ClearTax, has raised $75 million as a part ......

PhonePe withdraws injunction, may file fresh suit against BharatPe on ‘Pe' suffix  this week

TMT

24 October, 2021

PhonePe withdraws injunction, may file fresh suit against BharatPe on ‘Pe' suffix this week

Having withdrawn its earlier injunction against BharatPe for the alleged misuse of the 'Pe' suffix, Flipkart-owned PhonePe is expected to ......

PhonePe takes BharatPe to court for ‘Pe' suffix in ‘PostPe'

TMT

23 October, 2021

PhonePe takes BharatPe to court for ‘Pe' suffix in ‘PostPe'

In a new turn of events, Flipkart-owned PhonePe has now taken competitor BharatPe to court over the use of the ......

US-based fintech major Stripe to acquire Recko in first Indian acquisition

TMT

20 October, 2021

US-based fintech major Stripe to acquire Recko in first Indian acquisition

US-based fintech major Stripe Inc. on Wednesday said it has entered into a deal to acquire Bengaluru-based payment reconciliation software ......

IPO-bound Ola restructures org; COO, CFO quit

People

19 October, 2021

IPO-bound Ola restructures org; COO, CFO quit

ANI Technologies Ltd., the parent of mobility platform Ola Cabs, has decided to restructure the roles of its key leaders, ......

Cred closes $251 mn fund raise, doubles valuation to $4 bn

Finance

19 October, 2021

Cred closes $251 mn fund raise, doubles valuation to $4 bn

Serial entrepreneur Kunal Shah-founded Cred is continuing its fundraising spree and has closed a round of roughly $251 million as ......

India beats other developed economies in unicorn additions: PwC

TMT

18 October, 2021

India beats other developed economies in unicorn additions: PwC

India has zoomed ahead of developed economies including China, Hong Kong, the UK and Canada in adding new startup unicorns ......

Flipkart trumps Amazon in first week of e-commerce sales

TMT

14 October, 2021

Flipkart trumps Amazon in first week of e-commerce sales

E-commerce firms including Amazon India and Flipkart clocked gross merchandise value (GMV) worth $4.6 billion (or roughly Rs 32,000 crore) ......