Udaan
People
Acko backer Catamaran appoints chairman, president
Catamaran Ventures, the family office of Infosys co-founder NR Narayana Murthy, on Friday said it has appointed MD Ranganath as ......
TMT
Lightspeed closes $500 mn early-stage fund for India, Southeast Asia
Silicon Valley-based Lightspeed Venture Partners has raised $500 million (around Rs 4,000 crore) for its fourth early-stage fund in India ......
People
B2B player Udaan fires 180 employees
B2B unicorn Udaan has fired 180 executives as part of cost rationalization, a person familiar with the development said. The ......
People
Blackstone-backed Simplilearn appoints 2 vice presidents
Simplilearn Solutions Pvt. Ltd, which provides a training destination for professional certification courses, on Friday appointed Mohit Yadav and Sujoy Ghosh ......
Finance
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, are finding offshore debt ......
TMT
B2B e-commerce unicorns may see rapid growth with rising demand from smaller towns, cities
India’s top four business-to-business (B2B) e-commerce marketplaces that registered robust revenue growth in the last financial year, may continue to ......
TMT
Udaan removes 1-year cliff on ESOPs; employees can vest every quarter
Business-to-business (B2B) marketplace Udaan on Wednesday said it has decided to remove the one-year cliff on employee stock option plans ......
Finance
Venture debt firm BlackSoil's investments jump 2.5X in 2021
BlackSoil Capital Pvt Ltd said on Wednesday it has invested $80 million in 20 transactions in 2021, registering a 2.5 ......
Finance
Udaan net loss little changed as revenue surges over six-fold
Bengaluru-based business-to-business (B2B) marketplace Udaan, owned and operated by Trustroot Internet Pvt. Ltd., managed to cut its net loss for ......
TMT
Deals Digest: Companies raise $800mn this week, Dunzo tops chart with $240mn funding
Companies raised $800 million in venture capital (VC) and private equity (PE) funding in the first week of the year, ......
