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How one of SoftBank's smallest India bets is faring as Unicommerce gets $80 mn pre-IPO tag

TMT

08 January, 2024

How one of SoftBank's smallest India bets is faring as Unicommerce gets $80 mn pre-IPO tag

Japanese technology investment goliath SoftBank, which has either exited or is in the process of exiting several of its portfolio ......

SoftBank-backed Unicommerce's FY23 revenue jumps over 50%, profit up 7.7%

TMT

23 November, 2023

SoftBank-backed Unicommerce's FY23 revenue jumps over 50%, profit up 7.7%

Ecommerce enablement software platform Unicommerce reported a 52.5% jump in its revenue from operations for the financial year through March ......

Softbank-backed Snapdeal pulls Rs 1250 crore IPO

TMT

09 December, 2022

Softbank-backed Snapdeal pulls Rs 1250 crore IPO

E-commerce marketplace Snapdeal has withdrawn its draft red herring prospectus (DRHP), deferring its IPO (initial public offering) amid tough market ......

Himanshu Chakrawarti elevated to Snapdeal's marketplace CEO

People

04 November, 2022

Himanshu Chakrawarti elevated to Snapdeal's marketplace CEO

AceVector Group, which operates several platforms in the e-commerce space, on Friday announced the elevation of Himanshu Chakrawarti as the ......

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India's growth story of unicorns worked very well until it did not

Finance

25 May, 2022

India's growth story of unicorns worked very well until it did not

A few years ago, I was a part of a literature festival where Snapdeal founder Kunal Bahl was almost given ......

Delhivery shares close 10% higher, a boost to upcoming IPOs

Infrastructure

24 May, 2022

Delhivery shares close 10% higher, a boost to upcoming IPOs

SoftBank-backed Delhivery Ltd debuted on the Indian stock exchanges with an over 1% opening but closed at a 10% premium to ......

GoKwik snags $35 mn in Series B funding

Consumer

11 May, 2022

GoKwik snags $35 mn in Series B funding

E-commerce enablement platform GoKwik raised $35 million in its Series B round of funding led by Think Investments and RTP ......

Kalaari Capital backs AI-based platform Convin.ai in seed funding

TMT

28 April, 2022

Kalaari Capital backs AI-based platform Convin.ai in seed funding

Artificial intelligence-driven platform Convin.ai.ai said it has raised Rs 16 crore (around $2.1 million) in its seed funding round led ......

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Unicorns stumble at the hurdles in 2022 after successful sprint run

TMT

22 March, 2022

Unicorns stumble at the hurdles in 2022 after successful sprint run

Technology startups in India, the world's third-largest startup ecosystem, had a very good run for the last two years with ......

Nexus Venture Partners co-founder Naren Gupta passes away

People

27 December, 2021

Nexus Venture Partners co-founder Naren Gupta passes away

Naren Gupta, one of the oldest venture capitalists in India to have pioneered the path of investments in startups, died ......