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DEALSTREETASIA
How this online global marketplace is flipping the script of startup exits for Indian entrepreneursWhile initial funding rounds and rapid valuation growth dominate the ecosystem, the reality of securing profitable exits remains elusive fo...- Grab weighs takeover of rival GoTo at $7 billion valuationDiscussions have intensified in recent weeks and the companies see 2025 as an opportune year for a deal, the people said. The firms — the t...
- Quick commerce startup Zepto raises over $31 million in extended funding roundThe fundraise was at the same valuation as the last funding round in August, when it raised $200 million at a $1.4 billion valuation, becom...
- OLX to slash workforce by 15%, fire at least 1,500 employeesThe company, owned by Prosus, started its business in India in 2009 and operates OLX and OLX Autos. Prosus is controlled by South Africa-ba...
- Another crypto firm freezes withdrawals; Byju’s says Aakash payments doneThe Singapore-based crypto platform Vauld said earlier today it has frozen withdrawals and trading
- Iron Pillar to raise $400 million to empower Indian tech startups: ReportIron Pillar provides growth capital to help Indian startups expand their global footprint.
- Zomato’s Deepinder Goyal transfers his Blinkit shares to Tiger GlobalThe share transfer comes as Zomato is ramping up its investment in Blinkit (formerly Grofers), after abandoning its plans to enter the e-gr...
- Ather charges at Ola; founders drive Shark Tank’s meme-plosionAther Energy, an electric-vehicle startup backed by Hero MotoCorp, has started work on new electric scooters that promise better range and ...
- Facebook: from bad to Meta-worseMeta, which on Thursday reported the first ever quarter-to-quarter drop in Facebook’s daily active users in its history, is seeing the plat...
- Ant Financial to raise a $1 billion Startup Investment FundChina’s largest internet finance operator is bankrolling expansions outside of China to arrest slowing growth at home, where it is also bat...
- The Kochi Post raises first round of angel fundingThis is the second investment in media for Puthen & Cole and Yohannan after Singapore based DealStreetAsia.com, which also received investm...
- Venture capitalists, private equities bullish on IndiaIndia also topped as the receiver of private equities (PE) funding, beating China for the first time last year.
- Sensex rallies over 200 points; Nifty50 reclaims 7,900; MAX gains 5%The S&P BSE Sensex surged over 150 points on Monday, led by gains seen in ICICI Bank, RIL, Sun Pharma, Tata Motors and L&T.
- Fourteen stocks in focus in Monday morning tradeThe Indian market is expected to trade in a range. Here is a list of top fourteen stocks that are likely to be in focus today.
- HT Media overseas arm picks up 5 per cent stake in DealstreetasiaHT Media's arm, HT Overseas Pte Ltd is acquiring 5 per cent stake in Singapore-based news agency Dealstreetasia Pte Ltd for an undisclosed ...
- Planet GoGo raises seed funding from HT Media and North Base MediaProceeds from the round of funding will be primarily used by the two month-old startup towards user growth and traction, according to a com...
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