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Rapido

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Grapevine: Lenskart, Purplle eye fresh funds; Blackstone changes tack for PGP Glass sale

General

04 April, 2024

Grapevine: Lenskart, Purplle eye fresh funds; Blackstone changes tack for PGP Glass sale

are engaged in early discussions for fresh funding, indicating a resurgence in big-ticket deals exceeding $100 million, a media report said.   Lenskart ......

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Grapevine: Tiger Global-backed Groyyo to shut trading biz; Big FM gets two bids

General

30 October, 2023

Grapevine: Tiger Global-backed Groyyo to shut trading biz; Big FM gets two bids

Business-to-business manufacturing and automation startup Groyyo is likely to wind down its trading vertical in coming months, a media report said.  Groyyo’s venture capital backers ......

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Rapido backer AdvantEdge Founders to float third VC fund for mobility bets

Finance

14 April, 2023

Rapido backer AdvantEdge Founders to float third VC fund for mobility bets

Gurugram-based venture capital fund AdvantEdge Founders, which counts Samvardhana Motherson Group and Hero MotoCorp as its backers, is floating its third fund to back ......

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

Finance

15 April, 2022

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, as more than half of ......

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

Finance

20 August, 2021

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% sequentially this week to $920 million ......