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Cars24 raises $450 mn from SoftBank, Tencent, others; valuation pegged at $1.84 bn

TMT

20 September, 2021

Cars24 raises $450 mn from SoftBank, Tencent, others; valuation pegged at $1.84 bn

In its largest round of funding till date, India’s largest online marketplace for used automobiles, Cars24 Services, said...

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Despite exorbitant PE funding, we are glad to be bootstrapped: EaseMyTrip's Pitte

TMT

20 September, 2021

Despite exorbitant PE funding, we are glad to be bootstrapped: EaseMyTrip's Pitte

Easy Trip Planners Ltd., which operates travel platform EaseMyTrip, crossed the $1 billion market capitalisation in day trading on on ......

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Cuemath to focus on AI-based personalised learning, consultative selling, as it eyes unicorn status

TMT

20 September, 2021

Cuemath to focus on AI-based personalised learning, consultative selling, as it eyes unicorn status

Online math learning startup Cuemath is in the process of reinventing itself. It has appointed a new chief executive, is ......

Zomato says Gaurav Gupta exit ‘does not warrant disclosure'

Consumer

19 September, 2021

Zomato says Gaurav Gupta exit ‘does not warrant disclosure'

Zomato Ltd has said that its co-founder Gaurav Gupta’s exit from the company ‘does not warrant any disclosure under...

Now, onus on food delivery apps to collect GST

Consumer

17 September, 2021

Now, onus on food delivery apps to collect GST

The Goods and Services Tax (GST) council on Friday left the tax slab on food  delivery apps unchanged but is ......

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Weekly Deals Wrap: Byju's, PharmEasy, others pump up total transaction value

Finance

17 September, 2021

Weekly Deals Wrap: Byju's, PharmEasy, others pump up total transaction value

The overall deal value rose this week after a steep fall in the preceding period as big funding transactions catapulted ......

Fintech startup 4Fin and Boutique Spirit Brands raise funding

TMT

17 September, 2021

Fintech startup 4Fin and Boutique Spirit Brands raise funding

4Fin, a Pune-based fintech startup, said it has raised $1.1 million (Rs 8 crore) in a pre-seed round from Curesense ......

D2C-focused Fluid Ventures' fund makes debut bet by leading round in Fabriclore

Consumer

17 September, 2021

D2C-focused Fluid Ventures' fund makes debut bet by leading round in Fabriclore

Fluid Ventures, a venture capital fund focused on the direct-to-consumer (D2C) segment, has placed its debut bet from its Rs ......

Belgium-based Incofin's India Progress Fund places debut bet on Namdev Finvest

TMT

17 September, 2021

Belgium-based Incofin's India Progress Fund places debut bet on Namdev Finvest

Belgium-based Incofin Investment Management has made its first investment from its India Progress Fund by betting on Jaipur-based...

LayerZero raises $6 mn funding round led by Binance Labs and Multicoin Capital

TMT

17 September, 2021

LayerZero raises $6 mn funding round led by Binance Labs and Multicoin Capital

LayerZero, a multi-blockchain omnichannel interoperability protocol firm, said it has raised a $6 million funding round co-led...

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