Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
Gupshup raises $60 million from Globespan, EvolutionX; explores domicile shift for India IPOGupshup secured $60 million in funding from Globespan Capital Partners and EvolutionX Debt Capital to enhance its AI-driven messaging platf...
IPO-bound PhonePe announces UPI payments on feature phonesPhonePe i roll out UPI payments tailored for feature phone users, leveraging its recent acquisition of GSPay technology. This innovative fe...
Fidelity halves Gupshup’s valuation to roughly $697 millionFidelity Blue Chip Growth Fund’s stake in the San Francisco-headquartered startup was valued at nearly $11.09 million as of April 30, 2023,...
ETSA nominees for Midas Touch & Startup of the Year; Meesho to raise $550-600MToday's the big day we've all been gearing up for here at ETtech, as The Economic Times Startup Awards (ETSA) 2021 elite jury meets to pick...
Paytm founder’s pre-IPO windfall; Google sues CCIIPO-bound Paytm, which recently increased its employee stock options pool from around 24 million to around 61 million, has given almost hal...
Gupshup acquires New Jersey-based Dotgo to strengthen platform, enter new marketsDotgo will strengthen Gupshup's conversational messaging platform, which helps businesses and developers build customer experiences, the co...
ETtech Deals Digest: Gupshup, Droom raise funds this weekConversational messaging startup Gupshup and social media platform Sharechat were among the startups that raised funds this week.
Droom is a unicornFrom Droom becoming an unicorn to Twitter getting an ultimatum on IT rules and Big Tech earnings recap, here's a quick look at the top tech...
IPO-bound Gupshup expands its top deckSudesh Vasudevan joins as VP of corporate development, strategy and investor relations.
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...
Indian startups raised $7.8 billion in first four months of 2021Startup funding party continues amid second wave of Covid-19
4 days, 6 unicorns, $1.55 billion — A week like none other for Indian startupsTwelve unicorns were born in 2020, the highest ever for a year in India. 2021 has already seen the birth of 10 startup unicorns in India, i...
ETtech Deals Digest: Swiggy, ShareChat raise funds this weekStartups raised bigger rounds this week
Data skimmersIn today's ETtech Top 5: the personal data of around half a billion LinkedIn users is up for sale online, and more.
Gupshup lands $100 million from Tiger Global, valuation hits $1.4 billionGupshup plans to use the new capital to scale its product suite and go-to-market initiatives across the world.
- Mobile social network 'SMS GupShup' valued at Rs 1,000 cr on venture capital fundings
This is the fifth round of funding for the Mumbai-based group messaging provider and underlines the rising valuations for start-ups that us...