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Tiger Global backed fintech startup OkCredit laysoff employees

TMT

23 February, 2022

Tiger Global backed fintech startup OkCredit laysoff employees

OkCredit, which is backed by marquee investors including Tiger Global and Lightspeed, has laid off around 40 employees, a person...

Accelerator StartupBay invests $1.2 mn in Rocket AI

TMT

23 February, 2022

Accelerator StartupBay invests $1.2 mn in Rocket AI

StartupBay, an accelerator, on Wednesday, invested $1.2 million (around 8.9 crore) in Rocket AI to pick up a 10% stake. ......

Rakesh Jhunjhunwala-backed Arrivae raises $10 mn led by Think Investments, Havells Group

Consumer

23 February, 2022

Rakesh Jhunjhunwala-backed Arrivae raises $10 mn led by Think Investments, Havells Group

Arrivae, a made-to-order furniture manufacturer and home improvement company, has closed its Series B funding round with $10 million...

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Supply Chain Labs' first fund may overshoot target corpus of Rs 100 cr

Finance

23 February, 2022

Supply Chain Labs' first fund may overshoot target corpus of Rs 100 cr

Supply Chain Labs, which marked the first close of its debut supply chain focused fellowship fund earlier this week, plans ......

Giift, Apis' fund arm bet $30 mn on fintech platform Xoxoday

TMT

23 February, 2022

Giift, Apis' fund arm bet $30 mn on fintech platform Xoxoday

Loyalty management solutions provider Giift, along with Apis Partners-managed private equity fund Apis Growth Fund II, have invested...

Ezetap looks to raise $60 mn in funding, hires Unitus Capital to scout for investors

TMT

23 February, 2022

Ezetap looks to raise $60 mn in funding, hires Unitus Capital to scout for investors

Payment solutions provider Ezetap, which has raised $51 million in four funding rounds till date, is looking to raise an ......

A91 Partners, Z3 Partners bet on logistics tech startup Shipsy

TMT

23 February, 2022

A91 Partners, Z3 Partners bet on logistics tech startup Shipsy

Llama Logisol Pvt Ltd, which runs software-as-a-service (SaaS) logistics platform Shipsy, has raised $25 million (Rs 186 crore)...

Purplle backer IvyCap Ventures marks first close of third fund at $214 mn

Finance

23 February, 2022

Purplle backer IvyCap Ventures marks first close of third fund at $214 mn

IvyCap Ventures on Wednesday said it has marked the first close of its third fund at Rs 1,608 crore ($214 ......

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Inside the collapse of Ronnie Screwvala-backed Lido Learning

Consumer

22 February, 2022

Inside the collapse of Ronnie Screwvala-backed Lido Learning

Priyanka Pansari, an assistant manager at Lido Learning, is shattered that her company no longer needs her services. The 24-year-old,...

Hasura snags $100 mn in Series C funding at unicorn valuation

TMT

22 February, 2022

Hasura snags $100 mn in Series C funding at unicorn valuation

Hasura Inc., which operates a developer-focussed tooling products startup, on Tuesday said it has raised $100 million as part...

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