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How was fintech startup Acemoney valued as PE-backed firm buys majority stake?

TMT

07 November, 2023

How was fintech startup Acemoney valued as PE-backed firm buys majority stake?

A homegrown cash management company that is backed by a local private equity firm has stitched up a transaction to ......

Xpressbees snags $80 mn from Ontario Teachers' arm

TMT

07 November, 2023

Xpressbees snags $80 mn from Ontario Teachers' arm

Logistics unicorn Xpressbees on Tuesday said it has raised $80 million from Teachers’ Venture Growth (TVG), the late ......

Sequretek, four others raise early-stage funding

TMT

07 November, 2023

Sequretek, four others raise early-stage funding

Cybersecurity firm Sequretek, furnishings marketplace Vaaree and software-as-a-service startup OnFinance.ai have secured......

SoftBank-backed WeWork succumbs to bankruptcy

TMT

07 November, 2023

SoftBank-backed WeWork succumbs to bankruptcy

WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought US ......

UK's BII, others back Euler Motors in extended Series C round

Manufacturing

06 November, 2023

UK's BII, others back Euler Motors in extended Series C round

Electric vehicle company Euler Motors said Tuesday it has raised Rs 120 crore ($14.4 million) in an extended Series C ......

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How Byju's stacked up against Unacademy and other edtech unicorns in FY22

TMT

06 November, 2023

How Byju's stacked up against Unacademy and other edtech unicorns in FY22

Edtech giant Byju’s remained far ahead of its local peers in terms of revenue during the financial year through March ......

Early-stage startups Varco Leg Care, Himshakti raise funding

TMT

06 November, 2023

Early-stage startups Varco Leg Care, Himshakti raise funding

Healthtech startup Varco Leg Care and Himshakti have secured early-stage funding, the companies said on Monday.  ......

Gulf Digest: Tabby gets unicorn tag; Noon, SpiderSilk pocket new cheques

TMT

03 November, 2023

Gulf Digest: Tabby gets unicorn tag; Noon, SpiderSilk pocket new cheques

The Middle East region recorded a couple of high-value deals this week, with the funding activity spearheaded by ......

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Norrsken22 raises second largest Africa VC fund

TMT

03 November, 2023

Norrsken22 raises second largest Africa VC fund

Norrsken22, a tech growth fund targetted at Africa and backed by a network of tech founders from Scandinavia, has hit ......

Saudi Arabia eyes stake in $30 bn Indian Premier League: Report

TMT

03 November, 2023

Saudi Arabia eyes stake in $30 bn Indian Premier League: Report

Saudi Arabia has expressed interest in buying a multibillion-dollar stake in the Indian Premier League (IPL), the world......

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