Unicorn
Finance
Steep valn slide of new age companies, delayed IPOs under SEBI scanner
The stock market regulator is in internal discussions on why many high-profile companies have slipped far below their issue price,...
Finance
Moglix backer Jungle Ventures hits final close of fourth VC fund at $600 mn
Jungle Ventures, which counts Indian startup unicorns such as Moglix and Livspace as its investee companies, has marked the final...
People
Former Amazon India executive joins Pine Labs as HR head
Initial public offering (IPO)-bound payment solutions provider, Pine Labs Friday said it has onboarded former Amazon India...
TMT
Chargebee aims for greater India revenue ahead of IPO
Chargebee, a software-as-a-service (SaaS)-based subscription management unicorn, sees its dependence on North America and Europe...
Infrastructure
Rivigo to raise $50-100 mn pre-IPO funding this year, plans to list in 2024
Trucking logistics firm Rivigo plans to raise $50-100 million in a pre-IPO (initial public listing) round in 2022, and then ......
TMT
Hike raises fresh capital for second time in 3 months
Hike, which pivoted from instant messaging to bet on social, gaming, and crypto earlier last year, Friday said it has ......
TMT
Edtech unicorn Vedantu lays off 200 employees
Vedantu Innovation Pvt Ltd, which operates a live tutoring platform, has become the latest edtech startup to lay off employees...
Consumer
Soonicorn Zepto raises $200 mn at valuation of $900 mn; aims to double hiring
Kiranakart Technologies Pvt Ltd, which runs Zepto, a 10-minute grocery delivery app, has raised $200 million in a Series D ......
TMT
Open turns unicorn with $50 mn funding led by IIFL Finance
Neo-banking platform Open Financial Technologies Pvt Ltd has raised $50 million in a Series D funding round led by IIFL ......
TMT
Turtlemint aims to achieve profitability in 18-24 months before IPO: Co-founder
Last week, Turtlemint Insurance Services Pvt Ltd, which runs insurtech platform Turtlemint, raised $120 million in a Series E...
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