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World Bank's International Finance Corporation to invest in A91 Partners' second fund

Finance

14 September, 2021

World Bank's International Finance Corporation to invest in A91 Partners' second fund

International Finance Corporation (IFC), the World Bank’s private-sector investment arm, has proposed an investment in the...

SaaS unicorn Freshworks plans up to $912mn IPO; seeks $9bn valuation

TMT

13 September, 2021

SaaS unicorn Freshworks plans up to $912mn IPO; seeks $9bn valuation

Software-as-a-service (SaaS) company, Freshworks Inc., which filed for its initial public offering (IPO) last month with the US...

Sequoia-backed CarDekho closing one-third offline Gaadi stores; company calls it's "realigning"

Consumer

13 September, 2021

Sequoia-backed CarDekho closing one-third offline Gaadi stores; company calls it's "realigning"

Online marketplace for used cars, CarDekho has either shut or in the process of closing down over one-third of its ......

Moglix, Livspace backer Jungle Ventures marks first close of fourth Southeast Asia, India fund

TMT

13 September, 2021

Moglix, Livspace backer Jungle Ventures marks first close of fourth Southeast Asia, India fund

Jungle Ventures, which has backed Indian startups such as Moglix and Livspace, has marked the first close its fourth Southeast...

Suumaya Industries picks up minority stake in Carpediem backed 1-India Family Mart

TMT

13 September, 2021

Suumaya Industries picks up minority stake in Carpediem backed 1-India Family Mart

Suumaya Industries Ltd said it has acquired a minority stake in value retail chain startup 1-India Family Mart, which is ......

Freight Tiger, WickedGud, Enercomp raise funding

TMT

13 September, 2021

Freight Tiger, WickedGud, Enercomp raise funding

Freight Tiger, a digital freight network, has raised $6.5 million led by Florintree Infra.    The round also saw...

Jungle Ventures, CX Partners lead Series C funding in BetterPlace

TMT

13 September, 2021

Jungle Ventures, CX Partners lead Series C funding in BetterPlace

BetterPlace Safety Solutions Pvt Ltd, a technology platform for blue-collar workforce management, on Tuesday said it has raised...

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How Jupiter Capital aims to emerge from the shadow of Rajeev Chandrasekhar

Finance

13 September, 2021

How Jupiter Capital aims to emerge from the shadow of Rajeev Chandrasekhar

Bangalore-based investment firm Jupiter Capital has long been synonymous with parliamentarian Rajeev Chandrasekhar, Union Minister...

Zomato shelves consumer e-grocery plans; relies on investment in Grofers

Consumer

12 September, 2021

Zomato shelves consumer e-grocery plans; relies on investment in Grofers

Food delivery major, Zomato Ltd., said on Sunday it has shelved plans to operate in the consumer grocery delivery segment ......

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PE/VC firms pump in $27 bn in Indian startups since April; gave birth to 20 unicorns

TMT

12 September, 2021

PE/VC firms pump in $27 bn in Indian startups since April; gave birth to 20 unicorns

The first five months of this financial year have already brought a lot of cheer to the startup ecosystem. ...

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