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Ixigo back to profitability in Q1 ahead of IPO

Consumer

13 October, 2022

Ixigo back to profitability in Q1 ahead of IPO

Online travel platform Ixigo turned back to profitability in the first quarter of FY23, announcing financial numbers ......

Elevation Capital raises $670 mn for new India-focussed fund

TMT

08 April, 2022

Elevation Capital raises $670 mn for new India-focussed fund

Venture capital and growth-equity investment firm Elevation Capital(formerly SAIF Partners) has raised $670 million (Rs 5,080 crore) for its ......

MakeMyTrip's fintech arm picks up majority stake in BookMyForex

TMT

05 April, 2022

MakeMyTrip's fintech arm picks up majority stake in BookMyForex

MakeMyTrip’s fintech unit, TripMoney, has acquired a majority stake in online foreign exchange services provider, BookMyForex.  MakeMy...

MakeMyTrip's fintech subsidiary TripMoney to sell forex, insurance to travellers

TMT

08 February, 2022

MakeMyTrip's fintech subsidiary TripMoney to sell forex, insurance to travellers

Nasdaq-listed MakeMyTrip, which launched its fintech subsidiary TripMoney during the pandemic, plans to venture into forex and...

Tiger Global-backed Vedantu ropes in former PwC executive as its CFO

Consumer

13 January, 2022

Tiger Global-backed Vedantu ropes in former PwC executive as its CFO

Edtech unicorn Vedantu Innovations Pvt Ltd has roped in Pankaj Jain, a former PwC executive, as the company’s Chief Financial...

Budget hotels aggregator Treebo raises growth round led by French firm Accor

TMT

30 June, 2021

Budget hotels aggregator Treebo raises growth round led by French firm Accor

Budget hotels aggregator Treebo has raised a growth round of Rs 118 crore (approximately $16 million) from a group of ......

Paytm, MakeMyTrip, Infosys offer to help India with COVID vaccine bookings

TMT

10 June, 2021

Paytm, MakeMyTrip, Infosys offer to help India with COVID vaccine bookings

Paytm, Infosys and MakeMyTrip are among companies seeking approval in India to provide online COVID-19 vaccine bookings, the head...

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Elevation Capital invests in stealth startup focused on hyperlocal discovery services

TMT

15 April, 2021

Elevation Capital invests in stealth startup focused on hyperlocal discovery services

Venture capital and growth equity firm Elevation Capital (formerly SAIF Partners) has invested in a stealth-mode startup set up...

Elevation Capital leads Series C round in cosmetics brand SUGAR

Consumer

05 February, 2021

Elevation Capital leads Series C round in cosmetics brand SUGAR

Make-up brand SUGAR Cosmetics has raised $21 million (Rs 153 crore) in its Series C funding round led by Elevation ......

From small businesses to farmers, middle India is driving demand

Economy

30 November, 2020

From small businesses to farmers, middle India is driving demand

Manish Mehra, owner of Washex Hospitality, an industrial laundry service, recently flew from Delhi to Jodhpur, a city in north-western...

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