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Zomato looking at profitability sans further dilution

Consumer

25 May, 2022

Zomato looking at profitability sans further dilution

Online food delivery aggregator Zomato is looking at profitability without raising more capital, Akshant Goyal, chief financial...

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India's growth story of unicorns worked very well until it did not

Finance

25 May, 2022

India's growth story of unicorns worked very well until it did not

A few years ago, I was a part of a literature festival where Snapdeal founder Kunal Bahl was almost given ......

Matrix Parners, Accel bet on MSME fintech startup NAKAD

Finance

25 May, 2022

Matrix Parners, Accel bet on MSME fintech startup NAKAD

NAKAD, a supply chain fintech for Indian MSMEs, has raised $7 million (around Rs 54 crore) in a seed funding ......

SoftBank Vision Fund 2 leads Series B funding of $150 mn in Firework

TMT

24 May, 2022

SoftBank Vision Fund 2 leads Series B funding of $150 mn in Firework

Firework, a livestreaming commerce and digital transformation platform, on Tuesday said it has raised $150 million in Series B...

Delhivery shares close 10% higher, a boost to upcoming IPOs

Infrastructure

24 May, 2022

Delhivery shares close 10% higher, a boost to upcoming IPOs

SoftBank-backed Delhivery Ltd debuted on the Indian stock exchanges with a flat opening but closed at a 10% premium to ......

Zomato's net loss widens in Q4, gross order value at record high

Finance

23 May, 2022

Zomato's net loss widens in Q4, gross order value at record high

Ant Group-backed food aggregator Zomato Ltd reported a net loss of Rs 359.7 crore for the quarter-ended March versus a ......

Investcorp to invest $400 mn Indian schooling infra

Infrastructure

23 May, 2022

Investcorp to invest $400 mn Indian schooling infra

Investcorp will deploy $400 million into Indian school infrastructure and warehousing, as it seeks to expand investments in the...

Unacademy moves to monthly vesting of ESOPS

TMT

23 May, 2022

Unacademy moves to monthly vesting of ESOPS

Edtech unicorn Unacademy has moved to monthly vesting of its employee stock option plans (ESOPs), tweeted Co-Founder and Chief...

Startup co-founded by ex-Twitter India head may shut just months after raising VC money

TMT

23 May, 2022

Startup co-founded by ex-Twitter India head may shut just months after raising VC money

Edtech startup Invact Metaversity, founded by former Twitter India chief Manish Maheshwari and senior software engineer at Microsoft,...

Chiratae, JITO, others back self-driving vehicle startup Minus Zero

TMT

23 May, 2022

Chiratae, JITO, others back self-driving vehicle startup Minus Zero

Self-driving vehicle platform Minus Zero Robotics Pvt. Ltd on Monday said it has raised seed funding of $1.7 million (around ......

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