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Meesho raises $570 mn; valuation more than doubles to $4.9 bn

Consumer

30 September, 2021

Meesho raises $570 mn; valuation more than doubles to $4.9 bn

Social commerce platform Meesho on Thursday said it has raised $570 million led by Fidelity Management & Research  and Facebook ......

Facebook partners Indifi to offer zero-collateral loans for small businesses

TMT

20 August, 2021

Facebook partners Indifi to offer zero-collateral loans for small businesses

Social media giant Facebook has joined hands with online lending firm Indifi to help provide loans to small businesses in ......

Crypto exchange CoinDCX raises $90 mn led by Savarin's B Capital, turns unicorn

TMT

10 August, 2021

Crypto exchange CoinDCX raises $90 mn led by Savarin's B Capital, turns unicorn

Nebilo Technologies Pvt Ltd, which operates cryptocurrency exchange CoinDCX, has raised $90 million (Rs 670 crore) in its Series C ......

9Unicorns rolls out student focused venture fund for early stage startups

TMT

30 July, 2021

9Unicorns rolls out student focused venture fund for early stage startups

Venture capital firm 9Unicorns has unveiled a student-focused VC fund called campus fund, to invest in early-stage startups on college ......

Facebook co-founder's B Capital leads funding in conversational commerce platform Yalo

TMT

27 May, 2021

Facebook co-founder's B Capital leads funding in conversational commerce platform Yalo

Conversational commerce platform Yalo has raised $50 million (Rs 363 crore) in a Series C round of financing led by ......

Facebook begins testing ads on its TikTok clone in India, other nations

TMT

23 April, 2021

Facebook begins testing ads on its TikTok clone in India, other nations

Facebook Inc on Thursday said it will begin testing ads on its TikTok clone Instagram Reels in India, Brazil, Germany ......

Facebook signs first deal to buy renewable energy in India

TMT

15 April, 2021

Facebook signs first deal to buy renewable energy in India

Facebook has signed a deal to buy renewable energy in India from a local firm's wind power project, the social ......

SoftBank Vision Fund 2 leads $300 mn funding round in Meesho

TMT

05 April, 2021

SoftBank Vision Fund 2 leads $300 mn funding round in Meesho

Bengaluru headquartered Fashnear Technologies, which runs social ecommerce platform Meesho, has raised $300 million (Rs 2,201 crore as per current ......

Grapevine: ChrysCap to invest in Corona Remedies; Plum Insurance to raise funding

General

05 April, 2021

Grapevine: ChrysCap to invest in Corona Remedies; Plum Insurance to raise funding

Homegrown private equity fund ChrysCapital is looking to grab a 30% stake in drug manufacturer Corona Remedies for about Rs ......

Facebook to curb hate speech as Indian states go to polls

TMT

01 April, 2021

Facebook to curb hate speech as Indian states go to polls

Facebook Inc said it was taking steps to combat hate speech and misinformation in India as the world's biggest democracy ......