Unicorn
TMT
Peak XV-backed Singapore startup Airalo enters unicorn club with CVC-led round
European private equity firm CVC led a $220-million funding round in Singaporean travel technology specialist Airalo, ......
Finance
Will prefer to list in US; ready for opportunistic AI acquisitions: Icertis' Darda
SaaS unicorn Icertis, backed by marquee investors like PremjiInvest (family office of billionaire Azim Premji), US-based......
TMT
Peak XV, Lightrock-backed Yubi's topline rises, net loss narrows
Financial services unicorn Yubi (erstwhile CredAvenue), which provides debt restructuring, credit assessment and ......
TMT
BlackBuck gets a valuation markdown ahead of IPO as it divests key revenue generator
BlackBuck, which entered the haloed club of technology unicorns (startups valued at $1 billion or more) during 2021 when......
Finance
Paytm slides deeper into losses after RBI order, warns of more downside
Paytm posted a wider loss in the fourth quarter on Wednesday and warned of further financial impact in the current ......
TMT
Separating fact from fiction: how many unicorns does India really have?
Last week, Perfios, a startup offering software-as-a-service (SaaS) solutions, entered the much-coveted unicorn club ......
General
Grapevine: Quadria Capital sets sight on PE-backed dialysis chain; WizFreight raises funding
Asia healthcare-focussed private equity firm Quadria Capital, which has backed names like Maxivision Eye Hospitals, ......
Infrastructure
B2B unicorn OfBusiness hits the road to raise funds in pre-IPO round
Business-to-business e-commerce unicorn OfBusiness is in early stages of discussion with multiple investors – both ......
TMT
Tiger Global-backed Apna's revenue grows 3x but net loss remains stable
Tiger Global-backed recruitment platform for grey and blue-collared workers Apna has posted a nearly 3x growth in its ......
TMT
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 ......
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