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Darwinbox backer 3one4 Capital elevates Nruthya Madappa

People

25 April, 2023

Darwinbox backer 3one4 Capital elevates Nruthya Madappa

Early-stage venture capital firm 3one4 Capital, which has backed unicorns like Open, Darwinbox and Licious, has elevated Nruthya Madappa as ......

Temasek-backed Open lays off staff, slashes founders' salaries

TMT

20 April, 2023

Temasek-backed Open lays off staff, slashes founders' salaries

Singapore state investor Temasek-backed fintech unicorn Open has laid off 47 employees, joining a long list of startups that have ......

Open's loss up by 155% in FY22 with new product spending

Finance

15 December, 2022

Open's loss up by 155% in FY22 with new product spending

Open Financial Technologies Pvt. Ltd saw its losses rise by 155% to ₹167.6 crore in the last fiscal year from ......

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Premji Invest-backed KrazyBee parent set to raise $75-100 mn

Finance

16 June, 2022

Premji Invest-backed KrazyBee parent set to raise $75-100 mn

The holding entity of fintech firms KreditBee and Krazybee is in advanced stages to raise around $75-100 million (Rs 585-780 ......

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Companies raise $677 mn this week; neobank Open turns unicorn

Finance

06 May, 2022

Companies raise $677 mn this week; neobank Open turns unicorn

Indian startups raised $677 million (Rs 5,205 crore) from venture capital and private equity entities this week compared to $766 ......

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How getting blocked by LinkedIn sowed Web3 belief in Better Capital founder

Finance

20 January, 2022

How getting blocked by LinkedIn sowed Web3 belief in Better Capital founder

For Vaibhav Domkundwar, founder and CEO of pre-seed focused investment firm Better Capital, interest in Web3 is rooted in his ......

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Soonicorns: The 22 startups waiting in the wings to become unicorns in 2022

TMT

10 January, 2022

Soonicorns: The 22 startups waiting in the wings to become unicorns in 2022

If last year saw India spawn 44 unicorns, or those startups with over $1 billion valuation, this year will see ......

Open acquires consumer neo-banking platform Finin for $10 mn

Finance

14 December, 2021

Open acquires consumer neo-banking platform Finin for $10 mn

Small-and-medium-enterprise (SME) focused neo-bank, Open has acquired consumer neo-banking platform Finin for $10 million (around Rs 75 crore) in a ......

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Open backer Unicorn India Ventures raises bulk of second fund, adds global LPs

Finance

02 December, 2021

Open backer Unicorn India Ventures raises bulk of second fund, adds global LPs

Unicorn India Ventures, backer of companies such as neo-banking startup Open, micro-lending startup SmartCoin and robotics firm Genrobotics, has raised ......

Neobank Open raises $100 mn in Series C funding round led by Temasek

TMT

12 October, 2021

Neobank Open raises $100 mn in Series C funding round led by Temasek

Small and medium enterprise (SME) focused neo-bank, Open, on Tuesday said that it has raised Rs 735 crore (roughly $100 ......