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Lightspeed closes $500 mn early-stage fund for India, Southeast Asia

TMT

12 July, 2022

Lightspeed closes $500 mn early-stage fund for India, Southeast Asia

Silicon Valley-based Lightspeed Venture Partners has raised $500 million (around Rs 4,000 crore) for its fourth early-stage fund...

Razorpay elevates co-founder, ropes in Amazon exec as new CTO

Finance

29 June, 2022

Razorpay elevates co-founder, ropes in Amazon exec as new CTO

Digital payments and financial services provider Razorpay on Tuesday announced a new role for co-founder Shashank Kumar as the...

Matrix Parners, Accel bet on MSME fintech startup NAKAD

Finance

25 May, 2022

Matrix Parners, Accel bet on MSME fintech startup NAKAD

NAKAD, a supply chain fintech for Indian MSMEs, has raised $7 million (around Rs 54 crore) in a seed funding ......

Indian startups ahead of Southeast Asian peers in the ESOP game: Report

TMT

12 May, 2022

Indian startups ahead of Southeast Asian peers in the ESOP game: Report

In comparison to their counterparts in Southeast Asia, roughly half of India’s entrepreneurs say they understand employee...

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Chargebee aims for greater India revenue  ahead of IPO

TMT

12 May, 2022

Chargebee aims for greater India revenue ahead of IPO

Chargebee, a software-as-a-service (SaaS)-based subscription management unicorn, sees its dependence on North America and Europe...

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IPO-bound Pine Labs eyes controlling stake in payment solutions startup

Finance

05 April, 2022

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...

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PayU, CMS Info Systems in race to pick majority stake in payment solutions firm

Finance

31 March, 2022

PayU, CMS Info Systems in race to pick majority stake in payment solutions firm

European technology company Prosus-owned PayU, and the country’s leading cash management firm CMS Info Systems, are in race...

DMI Finance buys controlling stake in payment firm Appnit

Finance

28 March, 2022

DMI Finance buys controlling stake in payment firm Appnit

New Delhi-based non-bank lender DMI Finance has acquired a controlling stake in payment system operator Appnit Technologies Private...

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SIDBI-backed Mosambee dials strategic investors for fundraise, seeks nearly $90 mn valuation

TMT

22 March, 2022

SIDBI-backed Mosambee dials strategic investors for fundraise, seeks nearly $90 mn valuation

Synergistic Financial Networks Pvt Ltd, which runs payment solution firm Mosambee, is in the advanced stage of talks with strategic...

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Deals Digest: Companies raise $875 mn this week, Amagi turns unicorn

Finance

17 March, 2022

Deals Digest: Companies raise $875 mn this week, Amagi turns unicorn

Companies raised $875 million in venture capital (VC) and private equity (PE) funding this week, and media software-as-a-service...

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