Pine Labs
TMT
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 ......
TMT
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 ......
TMT
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 ......
General
Grapevine: Serentica mulls stake sale; Pine Labs, Zepto may shift HQ to India
Serentica Renewables, backed by Sterlite Power, is in talks to sell a minority stake to raise about $300 million (Rs ......
TMT
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 ......
TMT
Pine Labs may raise fresh funding at a deep discount after deferring US IPO
Fintech major Pine Labs is planning to raise a fresh round of funding at a valuation that could be less ......
TMT
MSwipe in talks to raise $75 mn in new funding round
Mswipe Technologies Pvt. Ltd, a B2B (business-to-business) fintech startup backed by Falcon Edge and Matrix Partners, has initiated talks to ......
TMT
Deals Digest: Mid-sized deals take front seat this week
Mid-to-small-sized deals led the investment activity this week with vehicle battery startup Log9 topping the list with $40 million fundraise. Of ......
TMT
Groww in talks with Canadian pension funds, others for fresh capital at $7 bn valn
Online investing platform Groww is in talks to raise funds from several institutional investors including some Canadian pension funds, seeking ......
Finance
IPO-bound Pine Labs eyes controlling stake in payment solutions startup
Initial public offering (IPO)-bound merchant commerce platform Pine Labs has emerged as a frontrunner to acquire a majority stake in ......
