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Sequoia India signs Series A cheque for Philippine neo-bank Tonik

TMT

17 June, 2020

Sequoia India signs Series A cheque for Philippine neo-bank Tonik

Tonik Financial Pte Ltd, which operates the Philippines-based neo-bank Tonik, has raised $21 million (about Rs 160 crore) in a...

Sequoia-backed Classplus acquihires back-office automation firm Merak.ai

TMT

16 June, 2020

Sequoia-backed Classplus acquihires back-office automation firm Merak.ai

Classplus, a startup that helps coaching centres go online, has acquihired Merak.ai, which automates back-office processes.  "We...

Sequoia's Surge, Nexus lead seed funding in expense management startup Quolum

TMT

12 June, 2020

Sequoia's Surge, Nexus lead seed funding in expense management startup Quolum

Quolum Inc., a startup focussed on expense management tools for software-as-a-service subscriptions, has raised $2.75 million...

Coronavirus brings Asia's booming online lending sector to juddering halt

TMT

03 June, 2020

Coronavirus brings Asia's booming online lending sector to juddering halt

The spring started out rosy for the Indian arm of ClearScore, a company that offers online credit scores and loans. Within...

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Which VC investors are feeling the most pinch as startups face turbulence?

Finance

29 May, 2020

Which VC investors are feeling the most pinch as startups face turbulence?

Over the past few years India has emerged as a favourite destination for venture capital investors looking to bet on ......

Grapevine: GIC, others may invest in WhiteHat Jr; Future Group may sell logistics biz

General

22 May, 2020

Grapevine: GIC, others may invest in WhiteHat Jr; Future Group may sell logistics biz

Edtech startup WhiteHat Jr is looking to raise up to $50 million (about Rs 380 crore at current exchange rate) ......

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German fund makes India debut with investment in Sequoia-backed LocoNav

TMT

15 May, 2020

German fund makes India debut with investment in Sequoia-backed LocoNav

Logistics-tech startup LocoNav has raised fresh capital from a German venture capital and private equity firm, two persons privy...

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Sequoia-backed glass maker's quest to rope in new investors hits a wall

Manufacturing

14 May, 2020

Sequoia-backed glass maker's quest to rope in new investors hits a wall

Hindusthan National Glass & Industries Ltd’s plan to get new investors on board has hit a hurdle after a distressed...

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VC-backed mCaffeine dials new investors to snag Series B cheque

Consumer

12 May, 2020

VC-backed mCaffeine dials new investors to snag Series B cheque

Personal care brand mCaffeine is in discussions with at least three private equity and venture capital investors to raise its...

Sequoia-backed Stove Kraft gets SEBI nod for second attempt at IPO

Consumer

04 May, 2020

Sequoia-backed Stove Kraft gets SEBI nod for second attempt at IPO

Kitchen appliances manufacturer Stove Kraft Ltd has received regulatory nod to float an initial public offering, in what will...

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