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Early-stage funding surged over 60% to $594 mn in 2021: InnoVen Capital

TMT

13 April, 2022

Early-stage funding surged over 60% to $594 mn in 2021: InnoVen Capital

India’s early-stage funding surged 63% in calendar year 2021, with investors pouring $594 million in startups at seed and...

LenDenClub set to launch VC fund, eyes to back up to 25 startups

TMT

12 April, 2022

LenDenClub set to launch VC fund, eyes to back up to 25 startups

LenDenClub, a peer-to-peer (P2P) lending platform, on Tuesday said it will be launching a venture fund to back fintech startups...

Temasek-backed Zilingo suspends CEO amid accounting probe - Bloomberg News

People

12 April, 2022

Temasek-backed Zilingo suspends CEO amid accounting probe - Bloomberg News

Temasek-backed fashion startup Zilingo has suspended Chief Executive Officer Ankiti Bose after an attempt to raise new funds prompted...

Ola's Bhavish Aggarwal to focus more on product, GR Arun to head routine ops

People

12 April, 2022

Ola's Bhavish Aggarwal to focus more on product, GR Arun to head routine ops

Bhavish Aggarwal, Founder and Group Chief Executive Officer of cab aggregator platform Ola, operated by ANI Technologies Pvt Ltd,...

Stellaris Venture leads $4.2 mn seed round in AI chatbot firm LimeChat

TMT

12 April, 2022

Stellaris Venture leads $4.2 mn seed round in AI chatbot firm LimeChat

Wavicle Technologies Pvt Ltd, which owns and operates artificial intelligence-based chatbot startup LimeChat, on Tuesday said...

Indian startups raised over $10 bn for third straight quarter: Report

TMT

11 April, 2022

Indian startups raised over $10 bn for third straight quarter: Report

Indian startups have raised over $10 billion for three consecutive quarters now, with the world’s third-largest startup...

Alpha Wave Ventures invests $100 mn in Lenskart

TMT

11 April, 2022

Alpha Wave Ventures invests $100 mn in Lenskart

Eyewear brand Lenskart has secured $100 million (Rs 760 crore) in a new round from Alpha Wave Ventures, regulatory filings ......

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Startups find offshore, venture debt cheaper as volatility in equity fundraising increases

Finance

11 April, 2022

Startups find offshore, venture debt cheaper as volatility in equity fundraising increases

India’s cash guzzling startups, treading on high valuations following two consecutive years of aggressive equity fundraising,...

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Employees get jittery as BharatPe feud prolongs

Finance

08 April, 2022

Employees get jittery as BharatPe feud prolongs

There appears to be no end to the unsavoury slanging match between BharatPe's former managing director and founder Ashneer...

Ashneer Grover asks BharatPe board to send CEO Suhail Sameer on leave

People

08 April, 2022

Ashneer Grover asks BharatPe board to send CEO Suhail Sameer on leave

BharatPe co-founder Ashneer Grover has written a letter to the fintech startup's board asking for CEO Suhail Sameer to be...

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