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Flashback 2023: Flipkart, PhonePe lead tech deal value; AI-powered startups new flavour in town

TMT

27 December, 2023

Flashback 2023: Flipkart, PhonePe lead tech deal value; AI-powered startups new flavour in town

This year may have been sluggish when it came to overall deal momentum of the tech sector in Indian startup ......

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Who will be the real winners in Ola Electric's IPO as it eyes over $6.4 bn valuation?

Consumer

23 December, 2023

Who will be the real winners in Ola Electric's IPO as it eyes over $6.4 bn valuation?

Ola Electric, the electric two vehicle company started by Ola Cabs co-founder Bhavish Aggarwal with the backing of several existing venture ......

Warehousing automation firm GreyOrange collects $135 mn in Series D

TMT

21 December, 2023

Warehousing automation firm GreyOrange collects $135 mn in Series D

Tiger Global-backed robotics startup GreyOrange has raised $135 million in its Series D round led by Anthelion Capital (formerly Cowen ......

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SoftBank wraps up $375 mn India exit with a profit

TMT

08 December, 2023

SoftBank wraps up $375 mn India exit with a profit

Japanese technology investment goliath SoftBank, which has been on a spree to harvest money from its India portfolio, has completed ......

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Infra.Market may have to rework the math of over $70 mn acquisition

Manufacturing

07 December, 2023

Infra.Market may have to rework the math of over $70 mn acquisition

Business-to-business construction material marketplace Infra.Market has increased its stake in a local manufacturing company but shelled out more money than ......

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After signing off from Paytm, Alibaba affiliate inks near 5x exit move in India

TMT

29 November, 2023

After signing off from Paytm, Alibaba affiliate inks near 5x exit move in India

China’s Alibaba Group, which sold its stake in Paytm parent One97 Communications Ltd earlier this year after virtually writing off ......

Bizongo snaps up Titan Capital-backed firm in third acquisition

TMT

21 November, 2023

Bizongo snaps up Titan Capital-backed firm in third acquisition

Tiger Global-backed vendor digitisation platform Bizongo said Tuesday it has acquired Titan Capital-backed FactoryPlus, a factory digitisation app for micro, ......

Fintech unicorn Razorpay elevates senior exec to COO

People

07 November, 2023

Fintech unicorn Razorpay elevates senior exec to COO

Tiger Global-backed Razorpay has elevated its chief business officer (CBO) Rahul Kothari to the position of chief operating officer (COO) ......

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Grapevine: Tiger Global-backed Groyyo to shut trading biz; Big FM gets two bids

General

30 October, 2023

Grapevine: Tiger Global-backed Groyyo to shut trading biz; Big FM gets two bids

Business-to-business manufacturing and automation startup Groyyo is likely to wind down its trading vertical in coming months, a media report said.  Groyyo’s venture capital backers ......

PhonePe's FY23 revenue jumps 77%, turns Ebitda positive on adjusted basis

TMT

18 October, 2023

PhonePe's FY23 revenue jumps 77%, turns Ebitda positive on adjusted basis

Walmart-owned Indian digital payments unicorn PhonePe's revenue surged 77% during the year ended March 2023, on the back of rapid ......