Alpha Wave
Finance
VC-backed Aye Finance set to secure $30 mn in fresh capital
Aye Finance, a non-banking finance company (NBFC), is set to raise $30 million (about Rs 250 crore) in fresh capital from ......
General
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 ......
General
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 ......
TMT
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 ......
Finance
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 ......
TMT
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 ......
People
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 ......
Finance
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 ......
Healthcare
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 ......
TMT
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 ......