Venture Capital
TMT
TikTok owner ByteDance cuts hundreds of jobs in China: Report
ByteDance, the Chinese parent company of video app TikTok, has laid off hundreds of employees across multiple ......
Finance
SpaceX to raise $750 mn at $137 bn valuation: Report
Elon Musk's SpaceX is raising $750 million in a new round of funding that values the rocket and satellite company ......
General
Self Reliant India Fund commits fresh funding in Anicut's equity fund
Chennai-based alternative assets firm Anicut Capital on Tuesday announced that it has received commitment of Rs 75 crore......
TMT
SarvaGram seeks to raise up to $40 mn in fresh fundraise
Maharashtra-based lender SarvaGram Fincare Pvt. Ltd, which caters to credit requirements of rural households, is raising......
Infrastructure
Sequoia-backed Porter expands two-wheeler business
Intra-city logistics provider Porter has expanded its 2-wheeler logistics services to four more cities - Nagpur, Indore......
People
Focus on profitability, consolidation to continue in 2023, VCs say
The pains for startups, after a tumultuous 2022, are expected to get worse as we hop into the new year. In ......
General
Indian Angel Network invests in 52 companies in 2022
Early-stage venture capital firm Indian Angel Network (IAN) has invested $10 million (around Rs 85 crore) in 52 companies this ......
TMT
Deals Digest: Last week of the year ends on a tepid note
The last week of 2022 saw little activity on the venture capital and private equity funding, as well as on ......
TMT
True Beacon to soon offer overseas investment products, says Kamath
Wealth management firm True Beacon, founded by Nikhil Kamath and Richard Pattle, is looking to launch a product to ......
TMT
Angels fly: Cred's Shah, boAt's Gupta, Shaadi's Mittal top list
Kunal Shah, founder of fintech unicorn Cred was India’s most active angel investor with 54 bets in 2022, followed by ......