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E-commerce marketplace Snapdeal has withdrawn its draft red herring prospectus (DRHP), deferring its IPO (initial public offering) amid tough market ......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