ETtech Explainer: How Swiggy’s failed bid to become an Indian firm matters for InstamartSwiggy's bid to become an Indian-owned-and-controlled company (IOCC) has been delayed after shareholders failed to approve changes to its a...
22 May, 2026, 09.48 PM IST
Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
22 May, 2026, 08.28 AM IST
Rapido raises $240 million from Prosus, WestBridge, Accel; valuation hits $3 billionUrban mobility startup Rapido has secured $240 million in a funding round led by Prosus, valuing the company at $3 billion. This raise is p...
15 May, 2026, 03.32 PM IST
Premji eyes Emergent bet; Krutrim plans unravelHappy Wednesday! Premji Invest is circling Emergent, looking to join its latest fundraise at a $1.5 billion valuation. This and more in tod...
06 May, 2026, 07.37 AM IST
New-age wealthtech startups Trackk, Zomint in talks to raise funding from Z47, Lightspeed, othersYoung Indian investors are attracting VC attention as Gen Z-focused wealthtech firms like Trackk and Zomint are in advanced talks to raise ...
06 May, 2026, 06.00 AM IST
Stock trading startup Sahi secures $33 million from Accel, ElevationBengaluru's Sahi, a stock trading platform, has raised $33 million, valuing it at $200 million. The funds will fuel expansion into margin t...
29 Apr, 2026, 06.00 AM IST
Jio preps May IPO; Wipro slips after resultsJio Platforms is edging towards a long-awaited IPO as markets wobble amid Iran tensions. This and more in today's ETtech Top 5.
17 Apr, 2026, 07.58 PM IST
Pharmacy startup Plazza in talks to raise $12-15 million from Accel, Nexus, ElevationPlazza, a quick medicine delivery startup, is in talks to secure $12-15 million in funding. This new capital will help Plazza expand its ph...
17 Apr, 2026, 05.15 PM IST
IndiGo takes equity stake in air-taxi startup Sarla Aviation, backs eVTOL pushIndia's largest airline, IndiGo, has invested Rs 10 crore in Bengaluru-based Sarla Aviation, a startup developing electric flying taxis. Th...
16 Apr, 2026, 06.00 AM IST
IndiGo takes equity stake in air-taxi startup Sarla Aviation, backs eVTOL pushIndiGo, India’s largest airline, has invested in Bengaluru-based Sarla Aviation, which is developing an electric aircraft to be used as fly...
16 Apr, 2026, 06.00 AM IST
Layoffs hit tech, GCCs; Startups rewrite summer rulesHappy Wednesday! Tech and GCC talent are facing more layoffs as they move up the value chain and integrate into global operations. This and...
15 Apr, 2026, 07.57 AM IST
Food delivery startup Swish raises $38 million; valuation more than doublesSwish has raised $38 million led by UK-based Hara Global and Bain Capital Ventures, with participation from Accel and others. Hara Global a...
24 Mar, 2026, 08.57 AM IST
TVS Motor to divest Rapido stake to Accel, Prosus for Rs 288 croreTVS Motor Company is selling its stake in Rapido. Venture capital firm Accel and investor Prosus will acquire shares for Rs 288 crore. This...
06 Nov, 2025, 11.27 PM IST
Swiggy recasts board following IPO; SoftBank, Accel nominees exitSoftBank’s Sumer Juneja and Accel partner Anand Daniel have resigned from the board, according to regulatory filings. SoftBank and Accel ar...
25 Jul, 2025, 09.39 PM IST
Accel closes eighth India fund with $650 million corpusThis will bring Accel's total investment commitments in India close to $3 billion. Accel’s US-based global growth fund closed its latest ro...
05 Jan, 2025, 07.09 PM IST
Accel nears close of new India fund at $650 millionAccel India has secured $650 million for its eighth fund, while its global growth fund has raised $1.35 billion. A portion of this will be ...
05 Jan, 2025, 07.04 PM IST
Early investors clock big gains as Swiggy makes Dalal Street debutWhile existing shareholders sold stocks worth Rs 6,400 crore in the offer-for-sale (OFS) to book a big profit on their investments, the 17%...
14 Nov, 2024, 08.39 AM IST