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Deals Digest: Funding value expands slightly this week

TMT

07 October

Deals Digest: Funding value expands slightly this week

Investments by venture capital (VC) and private equity (PE) firms grew 27.1% this week, to $291 million versus $222 ......

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Tiger Global to raise new $6 bn for enterprise startups in India

Finance

07 October

Tiger Global to raise new $6 bn for enterprise startups in India

New York-based investment firm Tiger Global Management is reportedly looking to raise $6 billion towards its new fund to......

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Lumikai's take on the Indian gaming landscape

TMT

07 October

Lumikai's take on the Indian gaming landscape

Gaming-focused venture fund Lumikai, which has backed platforms like Loco sees opportunities to create category leaders ......

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'Instamojo looking at operational profitability by end of CY22'

TMT

07 October

'Instamojo looking at operational profitability by end of CY22'

Beenext and Kalaari Capital-backed Instamojo's transition to becoming an e-commerce enabler from a payments platform......

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Why startups are leaving Esop expenses out of Ebitda calculations

Finance

07 October

Why startups are leaving Esop expenses out of Ebitda calculations

Indian startups are increasingly reporting financial statements that do not strictly adhere to accounting norms, ......

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Chalo seeks to raise fresh funding at over 2x valuation

Consumer

07 October

Chalo seeks to raise fresh funding at over 2x valuation

Chalo Mobility Pvt. Ltd is in talks with new and existing investors to raise $50-75 million in a new funding ......

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More startups find investors getting cold feet on binding contracts

Finance

06 October

More startups find investors getting cold feet on binding contracts

A growing number of startups have seen investors renege on binding contracts or share purchase pacts in the past few ......

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Accel will continue to make a third of fresh investments in Indian online marketplaces

People

06 October

Accel will continue to make a third of fresh investments in Indian online marketplaces

Global venture capital firm Accel, an early investor in startups like Flipkart and Swiggy, will continue to place big ......

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HUL ramps up product distribution efforts to battle online disruption

Consumer

06 October

HUL ramps up product distribution efforts to battle online disruption

Hindustan Unilever Ltd (HUL) is racing to deliver household goods to grocery stores, halving the time it takes from ......

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Why Prosus backed out from a deal that would have made PayU a market leader

TMT

05 October

Why Prosus backed out from a deal that would have made PayU a market leader

By all accounts, Dutch payments major Prosus appears to have used a technicality to wriggle out of its agreement to ......