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BOBA BHAI FUNDING
UpGrad-Unacademy deal closes; India’s largest private satellite lifts offHappy Monday! Upgrad is set to acquire Unacademy at a 90% markdown of its peak valuation. This and more in today's ETtech Morning Dispatch.- D2C food brand Anveshan eyes Rs 150-200 crore funding; valuation may more than doubleAnveshan is in advanced talks to raise Rs 150-200 crore from Vertex Ventures and the International Finance Corporation (IFC), the World Ban...
- Jio's IPO prep; Nazara Technologies' fresh betsReliance Industries has roped in 17 top banks for the planned Jio Platforms IPO. This and more in today's ETtech Top 5.
- QSR chain Boba Bhai raises $4.3 million from 8i Ventures, Titan Capital Winners Fund, Global Growth CapitalBig Capital and some angel investors participated in the funding round. The company, which specialises in selling bubble tea and Korean-sty...
- Snapdeal’s Kunal Bahl defends startup cash burn—if it builds long-term valueKunal Bahl, cofounder of Snapdeal, defended startup cash burn, emphasising that strategic investments in technology and customer acquisitio...
- QSRs go quick; Apple grows India suppliersSeveral quick-service restaurant (QSR) brands are customising their top-selling products for quick commerce platforms. This and more in tod...
- Dressfolk secures fresh funding led by Eternal Capital, Mamaearth’s Ghazal Alagh, among othersHandloom clothing brand Dressfolk has raised funding led by Eternal Capital and other investors. The new funds will help Dressfolk expand i...
- Groww’s incoming IPO; Apple India’s export boomStock broking platform Groww is aiming for a public listing later in the year. This and more in today’s ETtech Top 5.
- Quick service restaurant Boba Bhai raises Rs 30 crore in round led by 8i VenturesTitan Capital Winners Fund, Global Growth Capital, DeVC (anchored by Z47), and other existing investors participated. The funds will be use...
- Titan Capital closes Rs 200-crore fund to double down on existing portfolio startupsTitan Capital, founded by Kunal Bahl and Rohit Bansal, has raised Rs 200 crore for its new fund. The company aims to focus on its existing ...
- From Rs 57 lakh investment to Rs 110 crore exit: Kunal Bahl, Rohit Bansal clock bumper return from Urban CompanyKunal Bahl and Rohit Bansal exited Urban Company with Rs 111 crore from Dharana Capital, after a Rs 57 lakh investment in 2015. Besides the...
- Hungry for more: Food deals trending on startup streetCoffee, burgers, dosas and other brands scoop up new capital. Venture funds are investing in brands like FirstCoffee, AbCoffee, Café Amudha...
- Discounting wars in quick commerce; tax relief for ecommerce suppliersThe recent funding raised by Zepto may trigger a discounting war in the quick commerce space. This and more in today’s ETtech Morning Dispa...
- Cool beans! Cafes are having a field day this summerNational chains such as Third Wave Coffee, Chaayos, AbCoffee, and Boba Bhai have seen a notable increase in foot traffic at their cafes, pa...
- Homebound startups restructure; offline push by D2C brandsHappy Wednesday! Homegrown startups are stepping on the pedal for their move back home. This and more in today's ETtech Morning Dispatch.
- Offline stores are trending as new set of D2C firms emergeInvestors and startup founders are noticing a trend: D2C businesses across various sectors, like fashion, electronics, and food and beverag...
- PhonePe’s Rs 800 crore in-house bets; layoffs at AllenFintech giant PhonePe has put big money into its subsidiaries to grow businesses such as insurance broking, wealth management and hyperloca...
- Bubble tea brand Boba Bhai raises Rs 12.5 crore from Titan Capital, othersBoba Bhai, a quick-service restaurant (QSR) brand specialising in bubble tea and other food items, said it will use the capital for its pla...
- Hunger games: Investors at the table with appetite for food startupsPizza Wings, Boba Bhai in funding talks as HNIs, angels and other backers show interest
- Investors bet on new-age food startups; ride-hailing apps up driver incentivesNew-age food startups seem to have become appetising enough for investors to pump in money. This and more in today’s ETtech Morning Dispatc...
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