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Unicorn

Lenskart snaps up Japanese brand in its debut global M&A deal

Consumer

30 June, 2022

Lenskart snaps up Japanese brand in its debut global M&A deal

Leading eyewear unicorn Lenskart has picked up a controlling stake in Japanese direct-to-consumer (D2C) eyewear brand Owndays,...

Byju's fires Toppr staff to cut costs, integrate units

TMT

29 June, 2022

Byju's fires Toppr staff to cut costs, integrate units

Edtech decacorn Byju’s has asked around 300 employees to resign, as it finds ways to cut costs and streamline its ......

Razorpay elevates co-founder, ropes in Amazon exec as new CTO

Finance

29 June, 2022

Razorpay elevates co-founder, ropes in Amazon exec as new CTO

Digital payments and financial services provider Razorpay on Tuesday announced a new role for co-founder Shashank Kumar as the...

Byju's gets 2-month extension to pay Aakash shareholders

TMT

28 June, 2022

Byju's gets 2-month extension to pay Aakash shareholders

Edtech decacorn Byju’s has sought and received a 2-month extension on some payments that were due to Blackstone and the...

Crypto unicorn Coinswitch appoints new chief financial officer

Finance

28 June, 2022

Crypto unicorn Coinswitch appoints new chief financial officer

Crypto trading platform Coinswitch has appointed Ramesh Bafna as chief financial officer, in a bid to further bolster its senior...

B2B player Udaan fires 180 employees

People

27 June, 2022

B2B player Udaan fires 180 employees

B2B unicorn Udaan has fired 180 executives as part of cost rationalisation, a person familiar with the development said.   The...

Zomato to acquire Blinkit for $569 mn

Consumer

24 June, 2022

Zomato to acquire Blinkit for $569 mn

Online food aggregator and delivery platform Zomato on Friday said its board has agreed to acquire quick commerce startup Blinkit...

Premium
Deals Digest: Companies raise $802 mn this week; LeadSquared enters unicorn club

Finance

24 June, 2022

Deals Digest: Companies raise $802 mn this week; LeadSquared enters unicorn club

Companies raised $802 million in venture capital (VC) and private equity (PE) funding this week, nearly 27% more than last ......

Byju's, Oyo-backer Lightspeed gears up to raise 4th India-focused fund

Finance

24 June, 2022

Byju's, Oyo-backer Lightspeed gears up to raise 4th India-focused fund

Lightspeed, known for its bets on Byju’s, Oyo Rooms and ShareChat, has kickstarted the process to raise its new India-focused...

Cashify raises $90 mn from NewQuest, Prosus and others

Finance

23 June, 2022

Cashify raises $90 mn from NewQuest, Prosus and others

Online used-phone seller Cashify has raised $90 million (₹702 crore) in its Series E funding round led by new investors ......

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