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Separating fact from fiction: how many unicorns does India really have?

TMT

20 March, 2024

Separating fact from fiction: how many unicorns does India really have?

Last week, Perfios, a startup offering software-as-a-service (SaaS) solutions, entered the much-coveted unicorn club after raising $80 million from late-stage ......

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Freshworks, EKA founders' VC firm eyes over $200 mn AUM with second fund

Finance

27 July, 2023

Freshworks, EKA founders' VC firm eyes over $200 mn AUM with second fund

Together Fund, an early-stage venture capital firm, led by founders of Freshworks, Eka Software and a former Matrix executive, has ......

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Grapevine: Goldman Sachs eyes healthcare bet; Waterfield plans new fund-of-funds

General

09 June, 2023

Grapevine: Goldman Sachs eyes healthcare bet; Waterfield plans new fund-of-funds

Goldman Sachs is in advanced talks to invest in a Sequoia-backed healthcare company, focused on nephrology, neurology and critical-care segments, ......

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WestBridge bets around $250 mn on another IT firm

TMT

17 May, 2023

WestBridge bets around $250 mn on another IT firm

WestBridge Capital, which appears to be retuning its investment strategy with bigger and bolder bets against its historical stance of ......

Grapevine: Tiger Global exits Freshworks; Cred's Shah taps GIC for new NBFC

General

01 May, 2023

Grapevine: Tiger Global exits Freshworks; Cred's Shah taps GIC for new NBFC

Tiger Global, one of the most active venture capital backers in India over the past decade, has made its second ......

Grapevine: Korean SWF opening India office; Everstone may sell QSR stake

General

17 March, 2023

Grapevine: Korean SWF opening India office; Everstone may sell QSR stake

Private equity firm Everstone Capital is in talks with General Atlantic to sell its stake in the India master franchise ......

Freshworks lays off around 2% staff

People

16 December, 2022

Freshworks lays off around 2% staff

Nasdaq-listed software-as-a-service (SaaS) company Freshworks Inc has laid off 90 employees globally, or around 2% workforce, making it the latest ......

Accel India selects 10 startups for second cohort of Atoms programme

TMT

28 November, 2022

Accel India selects 10 startups for second cohort of Atoms programme

Accel India has selected 10 startups as part of its second cohort of Atoms programme that was launched last year ......

Freshworks faces lawsuit over alleged misleading US IPO documents

TMT

04 November, 2022

Freshworks faces lawsuit over alleged misleading US IPO documents

Nasdaq-listed Freshworks Inc on Tuesday was faced by class action lawsuits by US-based The Schall Law Firm and Scott+Scott Attorneys ......

Bizongo names Ex-Freshworks' product head as its Vice President of Product

People

23 August, 2022

Bizongo names Ex-Freshworks' product head as its Vice President of Product

Bizongo, a tech-enabled B2B platform, has appointed former Freshworks Director, Deepanjan Chattopadhyay as the Vice President of Product. The company ......