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BERTELSMANN INVESTMENT
Shiprocket soars 48% on debut, erases valuation cutShiprocket shares debuted on Wednesday at a notable premium compared to their IPO price. The e-commerce logistics firm experienced a robust...- ET Startup Awards 2026: Nominees for Social EnterpriseWith this category, we intend to recognise the startup that best embodies the ‘double bottomline’ model, one that combines profits with the...
- Shiprocket shares surge on debut; wipes away IPO valuation haircutShiprocket shares surged 48% on debut, ending at Rs 143.50 on the BSE, taking its market capitalisation to Rs 10,441 crore. The strong list...
- Shiprocket’s stellar D-Street debut; KKR buys BookMyShow stakeShiprocket shares zoomed in a bumper public market debut on Wednesday. This and more in today’s ETtech Top 5.
- Klydo founder Pradeep Yadav joins Snabbit as head of operationsFormer Udaan and Flipkart executive Pradeep Yadav has joined instant domestic help startup Snabbit as head of operations. He will lead oper...
- Urban Company’s InstaHelp, Snabbit cross 100,000 daily bookings markSnabbit and InstaHelp, Urban Company's quick househelp verticals, each completed over 100,000 bookings in one day, highlighting growing con...
- Lenskart Q1 profit jumps; Tata stocks tumbleLenskart posted a strong first quarter, with profit nearly quadrupling. This and more in today's ETtech Top 5.
- Can Shiprocket IPO deliver long-term growth for high-risk investors?Shiprocket is gearing up to secure ₹885 crore through fresh equity aimed at bolstering expansion and addressing debt obligations. Additiona...
- Instant home services firms Urban Company, Snabbit slash prices, cut waiting times as competition intensifiesThe sector's rising cash burn, coupled with the relatively limited size of the addressable market, is beginning to concern investors tracki...
- Shiprocket's Rs 7,056 crore IPO rewards early backers, dents returns for late-stage investorsShiprocket has announced an IPO price range set between Rs 92 and Rs 97 per share, representing a notable decrease of around thirty percent...
- Shiprocket trims IPO size; Google's AI leadership shake-upShiprocket is set to launch its IPO after lowering its issue size. This and more in today's ETtech Top 5.
- Construction qcomm outfit HomeRun raises $12 million from Nexus Venture Partners, othersHomeRun, the Bengaluru-based startup that specializes in quick delivery of construction and renovation materials, has successfully raised t...
- Quick commerce platforms gear up for gourmet grocery warQuick commerce platforms are preparing for a gourmet grocery war with Zepto, Flipkart Minutes and Amazon Now launching premium grocery offe...
- Instant househelp startups burn $16-17 million in June as battle for customers intensifiesInstant househelp sector cash burn rose 14% month-on-month to $16-17 million in June. Aggressive discounting and customer acquisition offer...
- Instant househelp startups burn $14-15 million in May as discounts heat upInstant home services platforms like Urban Company, Snabbit, and Pronto are aggressively spending millions on discounts again to capture ma...
- VC fund Bertelsmann takes majority stake in logistics firm Lets TransportBertelsmann, which owns publisher Penguin Random House and is also active in services and education, has held a stake in Lets Transport sin...
- EV aggregator LetsTransport raises $25 million from Bertelsmann, othersThe aggregator said its plug-and-play platform allows it to offer clients multiple assets across use cases in last-mile, mid-mile, and EV s...
- Bertelsmann raises $500 million to deploy in IndiaThe growth stage-focused firm that does not have an India-dedicated fund but invests out of the parent’s balance sheet will now look to do ...
- German media group plans to invest $200-250 mn in Indian startupsThree years after it made its first investment in India, Bertelsmann India Investments (BII) has a deployment book of $150 million, having ...
- India Property raises Rs 74.67 crore in second round of fundingOnline real estate classified portal India Property Online Pvt Ltd raised $12 million (Rs 74.67 crore) in a second round of funding.
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