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Elevation Capital raises $670 mn for new India-focussed fund

TMT

08 April, 2022

Elevation Capital raises $670 mn for new India-focussed fund

Venture capital and growth-equity investment firm Elevation Capital(formerly SAIF Partners) has raised $670 million (Rs 5,080 crore) for its ......

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GIC, Temasek in talks to invest in OneCard at unicorn valuation

Finance

08 April, 2022

GIC, Temasek in talks to invest in OneCard at unicorn valuation

Credit card platform OneCard is in talks to raise capital from Singapore’s sovereign wealth fund GIC and Singapore state...

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She Capital set to close debut fund at ₹100 cr

Finance

07 April, 2022

She Capital set to close debut fund at ₹100 cr

She Capital is set to make the final close of its ₹100 crore maiden fund by April, said a top ......

Softbank-backed Unacademy axes 600 staff in cost-cutting drive

People

07 April, 2022

Softbank-backed Unacademy axes 600 staff in cost-cutting drive

Even as edtech startup valuations have been soaring with a surge in demand for remote learning over the last two ......

Walmart's Flipkart raises IPO valuation target to $60-70 bln, eyes 2023 listing-sources

Consumer

07 April, 2022

Walmart's Flipkart raises IPO valuation target to $60-70 bln, eyes 2023 listing-sources

Walmart's Indian e-commerce company Flipkart has internally raised its IPO valuation target by around a third to $60-70 billion,...

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GIC to lead fresh $200 mn round in Cred at over $6.5 bn valuation

Finance

07 April, 2022

GIC to lead fresh $200 mn round in Cred at over $6.5 bn valuation

Singapore sovereign wealth fund GIC is leading a fresh funding round in Kunal Shah-founded Dreamplug Technologies Pvt Ltd, which...

Paytm Sharma's shares to vest only after market cap tops IPO level

Finance

06 April, 2022

Paytm Sharma's shares to vest only after market cap tops IPO level

Paytm Founder and Chief Executive Officer (CEO) Vijay Shekhar Sharma, in a letter to shareholders on Wednesday said that his ......

Dailyhunt parent raises $805 mn at $5 bn valn; aims to achieve profitability in 3 yrs

TMT

06 April, 2022

Dailyhunt parent raises $805 mn at $5 bn valn; aims to achieve profitability in 3 yrs

VerSe Innovation Pvt Ltd, which operates technology platforms like news and content aggregator Dailyhunt and short video editor...

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Unicorn Watch: Upstox sees revenue, customer base growing 3X in FY23

TMT

04 April, 2022

Unicorn Watch: Upstox sees revenue, customer base growing 3X in FY23

RKSV Securities India Pvt Ltd, India’s second-largest stock broker that runs the online discount breaking platform Upstox,...

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Deals Digest: Companies raise $836 mn this week; RummyCircle parent joins unicorn club

Finance

01 April, 2022

Deals Digest: Companies raise $836 mn this week; RummyCircle parent joins unicorn club

Companies raised funding of $836 million from venture capital (VC) and private equity (PE) this week, with RummyCircle parent...

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