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Sequoia-backed fintech ProgCap adding another lending layer; hits breakeven

Finance

22 February, 2023

Sequoia-backed fintech ProgCap adding another lending layer; hits breakeven

Digital lending platform ProgCap, which counts among its backers Sequoia Capital, Tiger Global and Google and has been ......

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How investors from smaller cities are jumping in to back startups

TMT

22 February, 2023

How investors from smaller cities are jumping in to back startups

Three years ago, Kanpur-based Aakash Goenka, who runs spices and masala company Shubham Goldiee Masale, was searching ......

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Unicorn upGrad eyes EBITDA profitability next fiscal

Finance

21 February, 2023

Unicorn upGrad eyes EBITDA profitability next fiscal

Ronnie Screwvala-led upskilling unicorn upGrad is aiming to turn operationally profitable in the next fiscal even as the......

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Sequoia, Accel may co-lead investment in ApnaMart

Finance

21 February, 2023

Sequoia, Accel may co-lead investment in ApnaMart

Neighbourhood supermart chain ApnaMart, run by Fleet Labs Technologies Pvt. Ltd, is looking to raise $17-20 million in a......

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Flipkart seeks stake in online pharmacy firm

TMT

20 February, 2023

Flipkart seeks stake in online pharmacy firm

Walmart-owned online retailer Flipkart is in talks to acquire a stake in Bengaluru-based Pharmallama, two people aware ......

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Deals Digest: Deal volume halves as funding slumps this week

TMT

17 February, 2023

Deals Digest: Deal volume halves as funding slumps this week

Deal volume nearly halved as venture capital and private equity funding activity saw a slight dip this week. Besides, ......

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Startups pivot towards stock sops as funding crunch deepens

TMT

17 February, 2023

Startups pivot towards stock sops as funding crunch deepens

Startups are pivoting from cash bonuses to stock options and other long-term incentives to retain talent as they look to......

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Matrix bullish on B2B startups empowering SMB growth

TMT

17 February, 2023

Matrix bullish on B2B startups empowering SMB growth

Early-stage venture capital firm Matrix Partners is optimistic about business-to-business (B2B) startups working with ......

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Livspace close to acquiring two firms; eyes profits in FY24

TMT

17 February, 2023

Livspace close to acquiring two firms; eyes profits in FY24

Home décor startup Livspace, which runs a $100 million ‘house of brands’ fund, is in late-stage talks to acquire ......

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PeerCapital targets ₹900 cr for debut fund

Finance

16 February, 2023

PeerCapital targets ₹900 cr for debut fund

PeerCapital, an early-stage technology-focused venture capital firm, plans to raise ₹900 crore ($108.7 million) for ......

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