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Lightspeed-backed Exponent seeks fresh funding to grow rapid charging business

TMT

11 August, 2023

Lightspeed-backed Exponent seeks fresh funding to grow rapid charging business

Exponent Energy, an Indian rapid charging startup, is in talks with new and existing investors to raise money to expand ......

Gulf Digest: Saudi companies Wadaie, Golden Scent, YaSchools raise funds

TMT

11 August, 2023

Gulf Digest: Saudi companies Wadaie, Golden Scent, YaSchools raise funds

Funding activity in the Middle East was driven by three Saudi Arabian companies this week. Wadaie, a fintech startup, ......

ChrysCapital-controlled Xoriant acquires consulting firm Thoucentric

TMT

11 August, 2023

ChrysCapital-controlled Xoriant acquires consulting firm Thoucentric

California-based Xoriant, a software engineering and digital services company backed by Indian private equity firm ......

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BPEA EQT on course for over $500 mn not-so-juicy India exit

TMT

10 August, 2023

BPEA EQT on course for over $500 mn not-so-juicy India exit

Hong Kong-based BPEA EQT, which inked two marquee private equity deals this summer starting with a $1.1 billion ......

SoftBank-backed Ola Electric's FY22 loss spirals 4x

Consumer

10 August, 2023

SoftBank-backed Ola Electric's FY22 loss spirals 4x

Cab aggregation unicorn Ola’s electric mobility arm, Ola Electric reported a four-fold rise in its net loss for the ......

Bluwheelz and Metashot raise early-stage funding

TMT

10 August, 2023

Bluwheelz and Metashot raise early-stage funding

Electric vehicles (EV) fleet management services startup Bluwheelz and gaming platform Metashot have secured early-stage......

NCLT approves merger of Sony unit, Zee Entertainment

TMT

10 August, 2023

NCLT approves merger of Sony unit, Zee Entertainment

India approved the merger of a local unit of Japan's Sony Group and India's Zee Entertainment, people present ......

Ola doubles revenue in FY22, but losses widen too

TMT

10 August, 2023

Ola doubles revenue in FY22, but losses widen too

Cab aggregator Ola, one of the worst-hit startups in India during Covid-19 pandemic, doubled its revenue in the ......

Krafton earmarks $150 mn more to invest in Indian gaming startups

TMT

10 August, 2023

Krafton earmarks $150 mn more to invest in Indian gaming startups

South Korean gaming company Krafton, Inc., which has invested in Indian entertainment and gaming startups like Kuku FM, ......

WeWork raises going-concern doubt, shares tank

TMT

09 August, 2023

WeWork raises going-concern doubt, shares tank

WeWork Inc on Tuesday raised "substantial" doubt about its ability to continue as a going concern and said three board ......

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