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Avail Fin acquires neobank, seeks  approval  to  buy  NBFC

Finance

18 November, 2021

Avail Fin acquires neobank, seeks  approval  to  buy  NBFC

Avail Finance, which offers loans to blue-collar workers, has acquired YeLo, a neobank operating in the same segment, and is ......

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PayTM's valuation sees steep fall, wiping out close to Rs 30,000 cr from the pockets of top four shareholders

TMT

18 November, 2021

PayTM's valuation sees steep fall, wiping out close to Rs 30,000 cr from the pockets of top four shareholders

India’s leading digital payments platform PayTM, which filed for a Rs. 18,300 crore initial public offering (IPO) which...

Leo Capital to launch third fund; targets $125 mn

Finance

18 November, 2021

Leo Capital to launch third fund; targets $125 mn

Early-stage venture fund Leo Capital, on Thursday, said it will be floating a new fund of $125 million following two ......

WazirX, Polygon founders, others, back metaverse platform OneRare

Consumer

18 November, 2021

WazirX, Polygon founders, others, back metaverse platform OneRare

OneRare, a metaverse platform, raised $2 million (Rs 14 crore) in a funding round led by blockchain venture firms Arkstream ......

Goat VC, JAM Fund, others back crypto exchange Defy

Consumer

18 November, 2021

Goat VC, JAM Fund, others back crypto exchange Defy

Defy, a cryptocurrency exchange, has raised $5.5 million (around Rs 40 crore) led by Goat VC, JAM Fund and Goodwater ......

Foodlink raises $8 mn Series B round led by Plutus Wealth Management

Consumer

18 November, 2021

Foodlink raises $8 mn Series B round led by Plutus Wealth Management

Foodlink, a catering and food retail chain company, has raised $8 million (around Rs 59 crore) in a Series B ......

Antler launches fellowship programme for student founders in India

General

17 November, 2021

Antler launches fellowship programme for student founders in India

Global venture capital (VC) firm Antler, which has made over a dozen bets in India, has launched a fellowship programme ......

Gurugram-based Thrasio-style startup UpScalio invests in kitchen appliance brand Hestia

TMT

17 November, 2021

Gurugram-based Thrasio-style startup UpScalio invests in kitchen appliance brand Hestia

UpScalio, a Thrasio-style venture that invests in e-commerce brands, on Wednesday, said it has invested an undisclosed sum in...

BP's venture capital arm looks to India in clean mobility drive

Infrastructure

17 November, 2021

BP's venture capital arm looks to India in clean mobility drive

BP's venture capital division could put up to a third of its new investments into India as it looks for ......

9Unicorns-backed Klub appoints former Capgemini exec to head Blaze

People

17 November, 2021

9Unicorns-backed Klub appoints former Capgemini exec to head Blaze

Revenue-based financing platform Klub has appointed Sudharsan Venkatakrishnan as vice president, the company said in a statement.  Venkatakrishnan...

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