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India Quotient partner Gagan Goyal to quit as churn at top VC funds in India continuesGagan Goyal, a general partner at India Quotient, is leaving the early-stage venture capital firm, according to people aware of the matter....- Kuku FM readies public market debut; SoftBank books Lenskart gainsKuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.
- Kuku FM's parent confidentially files for Rs 3,500 crore IPOAudio and video platform Kuku has confidentially filed draft papers with Sebi for a Rs 3,500 crore IPO. The company aims for a Rs 15,000 cr...
- Lightspeed eyes new India fund, plans smaller corpus of $300–350 million amid AI focusThe venture capital firm, which was initially looking to raise as much as $500 million for its fifth India fund, has now cut the target siz...
- Groww investors reap bumper returns; Lightspeed’s India rethinkHappy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dis...
- Qcomm’s summer prep; Microsoft’s quantum leapHappy Friday! Quick commerce companies are getting ready for the long summer season across India. This and more in today’s ETtech Morning D...
- Oyo investors sell stake; TikTok’s US ban explainedHappy Thursday! Early investors in Oyo are in talks with a group of family offices to part-sell their stakes. This and more in today’s ETte...
- ShareChat parent Mohalla Tech reports 33% rise in FY24 operating revenue, 67% fall in Ebitda lossesFor the parent firm of the vernacular social media platform ShareChat and short video app Moj, live streaming contributed 56% to total oper...
- ShareChat fires another 15% staff; inside the rush for a payment aggregator licenceVernacular social media platform ShareChat on Wednesday executed another round of layoffs. This and more in today’s ETtech Top 5.
- ShareChat sacks over 500 employees; Paytm Payments Bank gets RBI nod to be Bharat Bill Payment Operating UnitOn Monday morning we reported that ShareChat was set to join the growing list of Indian startups that have laid off employees amid a brutal...
- Byju’s may go public with SPAC; Indian startups raised $6.8B in NovThe company is in advanced negotiations to go public by merging with a so-called blank cheque company that raised more than $1.3 billion in...
- Unacademy announces its biggest ESOP buyback worth $10.5 millionEdtech startup Unacademy has announced its biggest ESOPs buyback, its third so far, barely a month after it rolled out an industry-first te...
- 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.
- Paytm's board gamesPaytm, which plans to go public in a few months, has agreed to give its founder Vijay Shekhar Sharma the right to appoint one member to its...
- Indian startups raise $12 billion till JuneIndian startups raised $12.1 billion from venture capitalists and private equity firms in the first six months this year, beating the last ...
- Paytm shares IPO details, Twitter officials depose before panelFrom Paytm's IPO details to Grofers cofounder leaving the company and ShareChat's first ESOP buyback, here's a quick look at the top tech n...
- 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...
- It's raining money for startups, but only for the promising fewThe thinking, hunger and strategy are all different this time around as big money chases desi startups.
- ShareChat raises Rs 720 crore, valuation may touch Rs 3.3k crRound led by Shunwei Capital, along with Morningside & DST Global affiliate Jesmond.
- ShareChat Valuation Jumps 7x to $460 millionRound led by existing backer Shunwei Capital with new investors Morningside and a DST Global affiliate
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