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Festive sales kick-in with e-commerce firms reporting higher demand from smaller towns

TMT

03 October, 2021

Festive sales kick-in with e-commerce firms reporting higher demand from smaller towns

Bengaluru: E-commerce companies including Flipkart, Amazon India and Snapdeal, which kickstarted their annual flagship sales during...

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Sixth Sense Ventures eyes up to Rs 2,400 cr for third fund, a 60% jump from target

Consumer

04 October, 2021

Sixth Sense Ventures eyes up to Rs 2,400 cr for third fund, a 60% jump from target

Sixth Sense Ventures, co-founded by Nikhil Vora, is set to close its third fund at Rs 2,300-2,400 crore ($309-323 million), ......

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Indian investors flock to invest in alternative funds with digital tokens

Finance

04 October, 2021

Indian investors flock to invest in alternative funds with digital tokens

Indian investors are among the top five of 27 nationalities making tokenised investments in venture capital funds on private digital...

InMobi unicorn unit Glance goes 'Live' to lure more users on its lock screen

TMT

03 October, 2021

InMobi unicorn unit Glance goes 'Live' to lure more users on its lock screen

SoftBank Group-backed advertising tech unicorn, InMobi's business-to-consumer (B2C) unit 'Glance' is betting big on...

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Weekly Deals Wrap: Big fundraises by Meesho, Ola Electric, Vedantu offset subdued M&A activity

Finance

01 October, 2021

Weekly Deals Wrap: Big fundraises by Meesho, Ola Electric, Vedantu offset subdued M&A activity

Overall deal value during the week declined as mergers and acquisitions (M&A) activity was subdued unlike the preceding week....

Serum Institute to sell bulk of its stake as Wellness Forever files for IPO

Healthcare

01 October, 2021

Serum Institute to sell bulk of its stake as Wellness Forever files for IPO

Wellness Forever Medicare Ltd, an omni-channel retail pharmacy chain backed by Adar Poonawalla, has filed for an initial public...

Wellversed, PumPumPum, Fantasy Akhada, others raise funds

TMT

01 October, 2021

Wellversed, PumPumPum, Fantasy Akhada, others raise funds

D2C wellness startup Wellversed, which offers nutrition guidance to consumers, has raised Rs 11 crore (about $1.5 million) from...

IIFL Fintech Fund backs AI startup Data Sutram

TMT

01 October, 2021

IIFL Fintech Fund backs AI startup Data Sutram

Extrapolate Advisors Pvt Ltd, which runs the Kolkata-based AI startup Data Sutram, has raised funding for an undisclosed amount...

Softbank Group eyes part exit as OYO files for Rs  8,430 crore IPO

TMT

01 October, 2021

Softbank Group eyes part exit as OYO files for Rs 8,430 crore IPO

Oravel Stays Pvt Ltd, which operates the hospitality unicorn Oyo Hotels and Homes,  has filed for a  Rs 8,430 crore...

Alteria raises ₹1,800 cr for venture debt fund

Finance

01 October, 2021

Alteria raises ₹1,800 cr for venture debt fund

Alteria Capital has hit the final close of its second venture debt fund at ₹1,800 crore, making it the largest ......

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