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DST Global

Udaan lays off about 350 employees in second round of layoffs

TMT

04 November

Udaan lays off about 350 employees in second round of layoffs

Business-to-business unicorn Udaan is firing up to 350 employees in the second round of layoffs since June, as the startup ......

Cred FY21 losses widen as marketing spends grow manifold

Finance

04 March

Cred FY21 losses widen as marketing spends grow manifold

Credit card payment platform Cred, owned and operated by Dreamplug Technologies Pvt Ltd, reported a 45% increase in its net ......

Tiger Global leads $82 mn funding in earned wage access platform Refyne

Finance

12 January

Tiger Global leads $82 mn funding in earned wage access platform Refyne

Earned wage access (EWA) platform Refyne, owned and operated by Refyne Tech Pvt Ltd, has raised $82 million (around Rs ......

Udaan net loss little changed as revenue surges over six-fold

Finance

11 January

Udaan net loss little changed as revenue surges over six-fold

Bengaluru-based business-to-business (B2B) marketplace Udaan, owned and operated by Trustroot Internet Pvt. Ltd., managed to cut its net loss for ......

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Deals Digest: PE/VC funding value jumps over three-fold, adds 3 unicorns

Finance

26 November

Deals Digest: PE/VC funding value jumps over three-fold, adds 3 unicorns

The total value of new private equity (PE) and venture capital (VC) deals rebounded strongly after falling consecutively for the ......

Dream Sports raises $840 mn at $8 bn valuation led by Falcon Edge, DST, others

Consumer

24 November

Dream Sports raises $840 mn at $8 bn valuation led by Falcon Edge, DST, others

Dream Sports, which owns fantasy sports platform Dream11, on Wednesday said it has raised $840 million (Rs 6248 crore) from ......

Cross-border neobank Zolve raises $40 mn Series A funds led by partners of DST Global

TMT

27 October

Cross-border neobank Zolve raises $40 mn Series A funds led by partners of DST Global

Zolve Innovations, which operates a neobank that aims to ease access to financial services for users traveling from India to ......

Cred closes $251 mn fund raise, doubles valuation to $4 bn

Finance

19 October

Cred closes $251 mn fund raise, doubles valuation to $4 bn

Serial entrepreneur Kunal Shah-founded Cred is continuing its fundraising spree and has closed a round of roughly $251 million as ......

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Weekly Deals Wrap: Cars24 tops chart with massive funding but deal value sees sharp drop on muted M&As

Finance

10 September

Weekly Deals Wrap: Cars24 tops chart with massive funding but deal value sees sharp drop on muted M&As

The overall deal value saw an over seven-fold steep fall this week from the preceding one, despite deep-pocketed edtech giant ......

Cars24 raises fresh funding from Softbank, others

TMT

10 September

Cars24 raises fresh funding from Softbank, others

Used car marketplace Cars24 Services Pvt. Ltd has attracted SoftBank as an investor in a new funding round that is ......