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Delhi High Court dismisses Zostel plea in relief to IPO-bound Oyo

TMT

14 February, 2022

Delhi High Court dismisses Zostel plea in relief to IPO-bound Oyo

The Delhi High Court (HC) has dismissed Zostel Hospitality Pvt Ltd's interim plea claiming 7% holding in Oravel Stays...

Sequoia Capital backs health-focused insurtech startup Kenko Health

TMT

15 February, 2022

Sequoia Capital backs health-focused insurtech startup Kenko Health

Redkenko Health Tech Pvt Ltd, which operates insurtech startup Kenko Health, has raised $12 million (around Rs 90 crore) as ......

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Newly-listed tech firms bleed, eroding 46% of investor's money

TMT

14 February, 2022

Newly-listed tech firms bleed, eroding 46% of investor's money

One in two out of the eight new-age technology firms that got listed on the Indian bourses in 2021 hit ......

Jio to invest $200 mn in Singapore's AI-backed lock screen firm Glance

TMT

14 February, 2022

Jio to invest $200 mn in Singapore's AI-backed lock screen firm Glance

Glance, an artificial intelligence (AI)-driven lock-screen live content and commerce platform, has agreed to raise $200 million...

Sequoia's Surge writes $1.9 mn seed cheque to SaaS platform BiteSpeed

TMT

14 February, 2022

Sequoia's Surge writes $1.9 mn seed cheque to SaaS platform BiteSpeed

Actartly Technology Pvt Ltd, which runs software-as-a-service (SaaS) platform BiteSpeed, on Monday, said it has bagged seed funding...

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Slice-backer 8i Ventures to mark first close of its second fund by April

TMT

14 February, 2022

Slice-backer 8i Ventures to mark first close of its second fund by April

Homegrown venture capital (VC) firm 8i Ventures, which counts fintech unicorn Slice as one of its portfolio companies,...

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E-commerce accelerator Assiduus eyes $50 mn fundraising at $300 mn valuation

TMT

14 February, 2022

E-commerce accelerator Assiduus eyes $50 mn fundraising at $300 mn valuation

Assiduus Global, an AI-powered cross-border and cross-marketplace e-commerce accelerator, is in talks with several global funds...

Britain cracks down on 'buy now pay later' firms

Finance

14 February, 2022

Britain cracks down on 'buy now pay later' firms

Britain's financial watchdog said on Monday it had told four 'buy now pay later' firms (BNPL) to change their contracts...

Bizongo closes first ESOP buyback worth $3.7 mn

TMT

14 February, 2022

Bizongo closes first ESOP buyback worth $3.7 mn

SmartPaddle Technology Pvt. Ltd, which owns and operates the business-to-business (B2B) e-commerce and supply chain enablement...

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2am VC to launch second fund with eye on Gen Z

TMT

14 February, 2022

2am VC to launch second fund with eye on Gen Z

2 a.m. Ventures, a venture capital (VC) firm that focuses on investing in companies founded by younger entrepreneurs, popularly...

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