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Deals Digest: Companies rack up $823 mn this week; Swiggy leads Rapido's $180 mn round

Finance

Deals Digest: Companies rack up $823 mn this week; Swiggy leads Rapido's $180 mn round

Companies raised $823 million funding from venture capital (VC) and private equity (PE) this week, ...

Swiggy leads $180 mn round in bike taxi startup Rapido

TMT

Swiggy leads $180 mn round in bike taxi startup Rapido

Roppen Transportation Services Pvt Ltd, which operates bike taxi app Rapido, has secured $177.5 ...

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Weekly Deals Wrap: Total value plunges even as tech startups continue to grab headlines

Finance

Weekly Deals Wrap: Total value plunges even as tech startups continue to grab headlines

Deal value across private equity, venture capital and mergers and acquisitions declined about 70% ...

Shell Ventures, Yamaha India, others invest $52 mn Series C funding in Rapido

Consumer

Shell Ventures, Yamaha India, others invest $52 mn Series C funding in Rapido

Bengaluru-based bike taxi platform Rapido suffered losses from the Covid-19 lockdowns but investor ...

Grapevine: Wellness Forever to float this year; Rapido looking to raise funding

General

Grapevine: Wellness Forever to float this year; Rapido looking to raise funding

Wellness Forever, an omnichannel retail pharmacy chain, is looking to raise up to Rs 1,200 crore in ...

Lightrock, Kalaari, others pump more money in scooter rental startup Vogo

Consumer

Lightrock, Kalaari, others pump more money in scooter rental startup Vogo

Vogo Automotive Pvt Ltd, a shared scooter rental startup, has raised $11.5 million (Rs 83 crore) in ...

Grapevine: Xiaomi may invest in Rapido; American PE firms eye Syska LED stake

General

Grapevine: Xiaomi may invest in Rapido; American PE firms eye Syska LED stake

Smartphone maker Xiaomi is looking to invest in a $75 million (Rs 538 crore at current exchange rate...

WestBridge leads $55 mn Series B round in Rapido

Consumer

WestBridge leads $55 mn Series B round in Rapido

Roppen Transportation Services Pvt. Ltd, which runs bike pooling and taxi startup Rapido, has raised...

Grapevine: DHFL parent to sell loan distribution unit; Rapido buys analytics startup

General

Grapevine: DHFL parent to sell loan distribution unit; Rapido buys analytics startup

Dewan Housing Finance Corp. Ltd (DHFL)’s parent Wadhawan Global Capital (WGC) is selling its loan ...

Grapevine: Amazon likely to buy into Future Retail; WestBridge may invest in Rapido

General

Grapevine: Amazon likely to buy into Future Retail; WestBridge may invest in Rapido

Two-wheeler taxi startup Rapido is in talks to raise $50 million (about Rs 355.5 crore at current ...