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How India's top-funded startups curbed cash burn as VC funding slowed

TMT

09 April, 2024

How India's top-funded startups curbed cash burn as VC funding slowed

India’s top-funded startups reduced their average monthly cash burn rate in the financial year ended March 2023, as they reined ......

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Indian startups' income from VC cash lying in bank deposits, mutual funds jumps again

TMT

03 April, 2024

Indian startups' income from VC cash lying in bank deposits, mutual funds jumps again

India’s top technology startups generated high non-operating revenue for the second year in a row during the 12 months through ......

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India's top-funded tech startups reined in FY23 losses as revenue growth slowed

TMT

29 March, 2024

India's top-funded tech startups reined in FY23 losses as revenue growth slowed

India's top-funded technology startups, which went overboard with expenses to attract talent and customers in 2021-22 thanks to record venture ......

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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 ......

Temasek-backed Pharmeasy's rights issue oversubscribed, raises $420 mn

Healthcare

01 November, 2023

Temasek-backed Pharmeasy's rights issue oversubscribed, raises $420 mn

API Holdings, which runs omnichannel pharmacy chain Pharmeasy, and was struggling to raise capital, has raised Rs 3,500 crore ($420 ......

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Grapevine: AstroTalk to raise funds, Goldman may convert PharmEasy's debt into equity

General

31 August, 2023

Grapevine: AstroTalk to raise funds, Goldman may convert PharmEasy's debt into equity

Online astrology startup AstroTalk is all set to raise funding in its maiden institutional round, in what could be the ......

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Temasek, TPG, Prosus to invest more in PharmEasy as valuation slumps

TMT

23 August, 2023

Temasek, TPG, Prosus to invest more in PharmEasy as valuation slumps

Omnichannel pharmacy chain PharmEasy will raise Rs 3,500 crore through a rights issue next week, multiple people aware of the ......

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Pharmeasy eyes $304 mn in funding from Manipal Group, existing investors

Healthcare

05 July, 2023

Pharmeasy eyes $304 mn in funding from Manipal Group, existing investors

Omnichannel pharmacy chain Pharmeasy plans to raise ₹2,500 crore ($304 million) to retire the senior debt it had raised from ......

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Co-founder harmony: Pharmeasy's Parekh weighs in at VCCircle Founders' Forum

General

15 June, 2023

Co-founder harmony: Pharmeasy's Parekh weighs in at VCCircle Founders' Forum

Having clarity about equally divided roles and responsibilities in terms of commercial arrangements, along with keeping the company’s interests above ......

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Pharmeasy approaches Avendus to tap on external funds

TMT

09 June, 2023

Pharmeasy approaches Avendus to tap on external funds

E-pharmacy major PharmEasy has appointed investment bank Avendus Capital to tap external capital, even as its existing investors are planning ......