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Grapevine: Vodafone Idea explores equity raise; Cult.fit raises fresh capital

General

27 February, 2024

Grapevine: Vodafone Idea explores equity raise; Cult.fit raises fresh capital

Vodafone Idea is considering an equity raise from new investors, potentially diluting stakes of existing shareholders such as Vodafone Group ......

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Grapevine: Brookfield, GIC eye Blackstone's PGP Glass; Cube Highways may sell road projects

General

26 February, 2024

Grapevine: Brookfield, GIC eye Blackstone's PGP Glass; Cube Highways may sell road projects

Global investment firms, including Brookfield, GIC of Singapore, and Alpha Wave, are in contention for a minimum 50% stake in ......

Tiger Global-backed DealShare shuts down B2B biz, fires many staff

TMT

21 September, 2023

Tiger Global-backed DealShare shuts down B2B biz, fires many staff

Social Commerce unicorn DealShare has pulled the plug on its business-to-business (B2B) operations to focus on its business-to-consumer offering, laying ......

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Bottomline: Aye Finance returns to profit in FY23 as revenue, loan book grow

Finance

19 June, 2023

Bottomline: Aye Finance returns to profit in FY23 as revenue, loan book grow

Fintech lending startup Aye Finance made a remarkable turnaround in the financial year that ended March 2023, rebounding from a ......

AI-focused startup Mad Street Den bags $30 mn

TMT

18 January, 2023

AI-focused startup Mad Street Den bags $30 mn

Enterprise artificial intelligence (AI) startup Mad Street Den has raised $30 million in its Series C round, led by Avatar ......

Moglix lays off up to 3% workforce

People

05 January, 2023

Moglix lays off up to 3% workforce

Business-to-business (B2B) e-commerce unicorn Moglix has laid off 30-40 employees, joining a large group of Indian startups that have slashed ......

Aye Finance bags $10 mn from responsAbility

Finance

01 December, 2022

Aye Finance bags $10 mn from responsAbility

Lending startup Aye Finance, on Thursday announced that it has raised $10 million via external commercial borrowings (ECBs) from its ......

Alpha Wave, Aspada, others back healthcare startup Even

Healthcare

11 November, 2022

Alpha Wave, Aspada, others back healthcare startup Even

Even Healthcare Pvt Ltd, has raised $15 million (around Rs 123 crore) from Alpha Wave and Aspada (Lightrock), the company ......

Matrix Partners leads funding in SaaS platform Sourcewiz

TMT

29 June, 2022

Matrix Partners leads funding in SaaS platform Sourcewiz

Sourcewiz, a software-as-a-service (SaaS) platform focused on digitization for exporters and export factories, has announced that they have raised Rs ......

Tiger Global leads $40 mn Series A round in B2B startup Groyyo

TMT

14 June, 2022

Tiger Global leads $40 mn Series A round in B2B startup Groyyo

Business-to-business (B2B) manufacturing and automation startup Groyyo Pvt Ltd has raised a $40 million (around Rs 308 crore) combination of ......