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SoftBank marks down investment in Paytm parent to $800 mn

TMT

12 May, 2022

SoftBank marks down investment in Paytm parent to $800 mn

SoftBank Group Corp has marked down its investment in Paytm parent One97 Communications to $800 million,  even as it reported...

NIIF leads $128 mn investment in Ather Energy

Infrastructure

12 May, 2022

NIIF leads $128 mn investment in Ather Energy

Bengaluru-based electric two-wheeler company Ather Energy has raised $128 million in its latest funding round led by sovereign...

BLinC Invest marks final close of Rs 100 cr second fund

TMT

12 May, 2022

BLinC Invest marks final close of Rs 100 cr second fund

Venture capital firm BLinC Invest on Thursday announced final close of its Fund II at Rs 100 crore.  The Mumbai-based...

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Chargebee aims for greater India revenue  ahead of IPO

TMT

12 May, 2022

Chargebee aims for greater India revenue ahead of IPO

Chargebee, a software-as-a-service (SaaS)-based subscription management unicorn, sees its dependence on North America and Europe...

Fintech firm BharatX pockets $4.5 mn from Y Combinator, 8i Ventures, others

TMT

12 May, 2022

Fintech firm BharatX pockets $4.5 mn from Y Combinator, 8i Ventures, others

AuroraX Pvt Ltd, which runs fintech startup BharatX, on Thursday announced capital raise of $4.5 million (around Rs 35 crore)...

SoftBank's Vision Fund unit sees loss of $26.2 bn, tech portfolio slides

Finance

12 May, 2022

SoftBank's Vision Fund unit sees loss of $26.2 bn, tech portfolio slides

SoftBank Group Corp reported Thursday that it had recorded an annual loss of $26.2 billion at its Vision Fund unit ......

Tiger Global writes $10 mn Series A cheque to Apnaklub

TMT

12 May, 2022

Tiger Global writes $10 mn Series A cheque to Apnaklub

Octopolis Technologies Pvt Ltd, which runs business-to-business (B2B) wholesale platform for fast-moving consumer goods (FMCG),...

Vivriti Capital raises additional $30 mn from TVS Capital in Series C

Finance

12 May, 2022

Vivriti Capital raises additional $30 mn from TVS Capital in Series C

Non-bank lender Vivriti Capital Pvt. Ltd has raised an additional $30 million (around Rs 228 crore) from TVS Shriram Growth ......

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Aakash Chaudhry makes splash as angel investor, aims to build deep tech startup portfolio

People

11 May, 2022

Aakash Chaudhry makes splash as angel investor, aims to build deep tech startup portfolio

Flush with cash from the sale of his company to Byju's last year, Aakash Educational Services' founder Aakash Chaudhry...

MoEVing racks up additional $5 mn in seed round

TMT

11 May, 2022

MoEVing racks up additional $5 mn in seed round

MoEVing Urban Technologies Pvt. Ltd, which operates electric mobility technology platform, MoEVing Wednesday said it has secured...

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