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ABB's e-mobility wing buys controlling stake in EV-focused firm Numocity

TMT

25 May, 2022

ABB's e-mobility wing buys controlling stake in EV-focused firm Numocity

Global tech firm ABB Group’s electric mobility arm has acquired a controlling stake in Bengaluru-based electric vehicular...

SoftBank Vision Fund 2 leads Series B funding of $150 mn in Firework

TMT

24 May, 2022

SoftBank Vision Fund 2 leads Series B funding of $150 mn in Firework

Firework, a livestreaming commerce and digital transformation platform, on Tuesday said it has raised $150 million in Series B...

Zomato's net loss widens in Q4, gross order value at record high

Finance

23 May, 2022

Zomato's net loss widens in Q4, gross order value at record high

Ant Group-backed food aggregator Zomato Ltd reported a net loss of Rs 359.7 crore for the quarter-ended March versus a ......

Investcorp to invest $400 mn Indian schooling infra

Infrastructure

23 May, 2022

Investcorp to invest $400 mn Indian schooling infra

Investcorp will deploy $400 million into Indian school infrastructure and warehousing, as it seeks to expand investments in the...

Unacademy moves to monthly vesting of ESOPS

TMT

23 May, 2022

Unacademy moves to monthly vesting of ESOPS

Edtech unicorn Unacademy has moved to monthly vesting of its employee stock option plans (ESOPs), tweeted Co-Founder and Chief...

Startup co-founded by ex-Twitter India head may shut just months after raising VC money

TMT

23 May, 2022

Startup co-founded by ex-Twitter India head may shut just months after raising VC money

Edtech startup Invact Metaversity, founded by former Twitter India chief Manish Maheshwari and senior software engineer at Microsoft,...

Chiratae, JITO, others back self-driving vehicle startup Minus Zero

TMT

23 May, 2022

Chiratae, JITO, others back self-driving vehicle startup Minus Zero

Self-driving vehicle platform Minus Zero Robotics Pvt. Ltd on Monday said it has raised seed funding of $1.7 million (around ......

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Ace Turtle set to raise $50 mn in final funding round pre-IPO

TMT

23 May, 2022

Ace Turtle set to raise $50 mn in final funding round pre-IPO

Seeking to raise funds after a hiatus of 3 years, omnichannel platform for enterprises, Ace Turtle, is in the advanced ......

Genral Atlantic eyeing $2 bn investment in India, SE Asia

TMT

23 May, 2022

Genral Atlantic eyeing $2 bn investment in India, SE Asia

Global private equity firm General Atlantic plans to plough $2 billion into India and Southeast Asia over the next two ......

Thinking beyond BNPL: How some startups are evolving their models around 'SNPL'

Finance

23 May, 2022

Thinking beyond BNPL: How some startups are evolving their models around 'SNPL'

A new generation of startups is turning the concept of ‘buy now pay later,’ or BNPL, on its head. Fintechs ......

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