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Unicorn

Tiger Global-backed DealShare CEO Vineet Rao steps down

People

31 July, 2023

Tiger Global-backed DealShare CEO Vineet Rao steps down

Social commerce unicorn DealShare’s co-founder Vineet Rao has stepped down from his role as chief executive officer as the company ......

Swiggy's food delivery biz turns profitable, excluding ESOP costs: CEO

TMT

18 May, 2023

Swiggy's food delivery biz turns profitable, excluding ESOP costs: CEO

Foodtech unicorn Swiggy on Thursday said its food delivery business, which accounts for the majority of its revenue, has turned ......

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Byju's raises $250 mn as part of ongoing $1 bn round

TMT

12 May, 2023

Byju's raises $250 mn as part of ongoing $1 bn round

Edtech decacorn Byju’s has raised $250 million in debt funding from Davidson Kempner Capital Management, a US-based investment manager. This round is ......

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Invesco trims Swiggy's valuation in ‘March' again after slashing it to $5.5 bn

TMT

08 May, 2023

Invesco trims Swiggy's valuation in ‘March' again after slashing it to $5.5 bn

US-based Invesco has knocked down the value of its stake in foodtech unicorn Swiggy held through one of its investment ......

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Investors gear up for Web3, metaverse investments

TMT

27 April, 2023

Investors gear up for Web3, metaverse investments

Emerging spaces Web3 and metaverse have begun gaining investor attention with a significant pie of the venture capital street mulling ......

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Upskilling platform Scaler eyes fresh funding but may miss unicorn valuation

TMT

29 March, 2023

Upskilling platform Scaler eyes fresh funding but may miss unicorn valuation

Upskilling focussed digital learning platform Scaler Academy, which is backed by the likes of bulge bracket asset managers including Tiger Global and ......

Gulf startups Credable, LandVault, Estater, Aumet raise funds this week

TMT

24 March, 2023

Gulf startups Credable, LandVault, Estater, Aumet raise funds this week

With fintech and sustainability driving the funding activity in the Middle East, the week saw key deals being struck in ......

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Unacademy eyes stake in Byju's-owned Aakash

TMT

23 March, 2023

Unacademy eyes stake in Byju's-owned Aakash

Edtech firm Unacademy, which counts Singapore's Temasek, Japan's SoftBank and US-based General Atlantic and Tiger Global among its backers, is in ......

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How Indian micro-VC ecosystem grew despite funding winter in 2022

TMT

15 March, 2023

How Indian micro-VC ecosystem grew despite funding winter in 2022

A few years ago, it was either angel investors or friends and family who first wrote a cheque to an ......

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Rebel Foods, Dunzo backer Lightbox pushes new fund launch as focus shifts to exits

Finance

13 March, 2023

Rebel Foods, Dunzo backer Lightbox pushes new fund launch as focus shifts to exits

Lightbox, the backer of startups such as Rebel Foods, Dunzo and Paymate, aims to go slow on launching its fourth ......