Tiger Global sells entire stake in Zomato for Rs 1,123 crore via bulk dealMarquee funds, including Axis Mutual Fund, Goldman Sachs, Citigroup, Morgan Stanley Asia, and Societe Generale were among the buyers in the...
28 Aug, 2023, 07.33 PM IST
Many VC firms ban side investing. Yuri Milner's DST encourages itDST Global doesn’t typically invest in young companies, so it allows the partners to do so individually or pool their cash. DST does this, ...
07 May, 2022, 02.16 PM IST
Social commerce set for takeoffIndia's social commerce firms are set for a landmark year, having raised more than half a billion dollars from investors in the first seven...
23 Jul, 2021, 01.06 AM IST
Cars24 gets legal notices from landlords over duesCars24 has shuttered about a dozen outlets in New Delhi. The landlords claim the leases were terminated before the end of the lock-in perio...
19 Jul, 2019, 08.09 AM IST
Cars24 set to pick up $80 million from backersCars24 is also in advanced stages of discussions with multiple potential new investors, who are likely to put in another $25-30 million int...
14 May, 2019, 12.05 PM IST
Kunal Shah’s Cred in talks for $100 million from Hillhouse, othersTop funding deals in the works in startupland Sequoia and other existing investors likely to lead new round, valuing the firm at $400 milli...
15 Apr, 2019, 09.13 AM IST
Used-car portal Cars24’s transactions grow threefold in the past 10 monthsThe Sequoia Capital-backed platform’s monthly transactions grew to 10,000 in October from 3,000 almost a year ago, cofounder Vikram Chopra ...
21 Nov, 2018, 11.24 AM IST
SoftBank may deliver fresh funds to GrofersSoftBank’s move to further invest in Grofers also puts on hold the on-again, off-again merger talks it has held with bigger rival, Alibaba-...
29 Oct, 2018, 08.20 AM IST
Temasek backs Ola founders in secondary share purchaseThe move will give more power to Ola cofounders Bhavish Aggarwal and Ankit Bhati, who strengthened their rights last year allowing them to ...
07 Sep, 2018, 08.22 AM IST
Udaan raises $225 million from DST Global, Lightspeed to become India's fastest UnicornThe company, founded by former executives of Flipkart, is in advanced talks to raise $225 million from investors.
03 Sep, 2018, 08.37 PM IST
ShopX raises $35 million from Fung to fuel expansion plansThe Indian B2B retail industry is estimated at over $100 billion, and with negligible online penetration, it offers good opportunity for pl...
07 Aug, 2018, 10.24 AM IST
How online platforms for handcrafted products are proving to be a boon for craftsmenOnline platforms are connecting customers directly with craftsmen for the sale of their products removing the middlemen.
22 Oct, 2017, 12.31 AM IST
Housing.com and PropTiger merge in an all-stock deal, raise $55 million in fresh capitalHousing, the most storied startups over the last 2 years, is expected to be merged at a significant discount to its valuation high of Rs 1,...
11 Jan, 2017, 12.43 AM IST
Merger on the cards for Housing and PropTiger?SoftBank-backed Housing will feature select new projects on its online platform and make use of PropTiger's offline services to seal transa...
15 Sep, 2016, 12.06 PM IST
Grofers in talks to raise Rs 650 crore; SoftBank may lead latest funding roundIf the deal fructifies, it will mark an over ten-fold increase in valuation and the third round of funding this year for the Gurgaonbased s...
07 Oct, 2015, 09.17 AM IST
Ola ropes in DST Global and Falcon Edge Capital to participate in a new round of funding of Rs 2,500 croreThe deal values the Bengaluru-based Ola at about Rs 15,000 crore, or $2.5 billion, according to multiple sources familiar with the developm...
10 Apr, 2015, 01.47 AM IST