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MERCURY FUNDING ROUND
Mercury's latest funding round values it at $5.2 billionThe round also saw participation from existing investors such Andreessen Horowitz, Coatue, CRV, Sapphire Ventures, Sequoia Capital and Spar...- Amazon India to scale up 'Ashray' centres to 100; says rest stops open to all delivery associatesAmazon India plans to expand its ‘Ashray’ rest centres for delivery associates to 100 by year-end, offering amenities like AC seating, wate...
- Elon Musk's role in Donald Trump's Presidency finalized? What we know so farElon Musk and US President-elect Donald Trump have forged a strong rapport. What will be Billionaire's position in the new Republican gover...
- Elon Musk warns Republicans against standing in Trump's way - or hisElon Musk, following his significant role in Donald Trump's presidential victory, is poised to become a political force. He plans to use hi...
- Who is 2023’s model startup founder?A few weeks ago, Tata group company Titan hogged the headlines when it bought 27% stake in CaratLane (Titan has been a strategic investor s...
- The collapse of Silicon Valley Bank and its impact on Indian startupsIndian investors and SaaS startups have are rattled by the developments in the US. While some are closely tracking the developments, others...
- Crypto World crosses fingers in hope that contagion has run its courseBitcoin climbed almost 8% in the final three days of the work week, while Ether surged 20%. Neither of the two dominant tokens has set a ne...
- ETtech Deals Digest: Polygon, ElasticRun, Livspace raise fundsSecondary scaling solution Polygon, kirana-focused business-to-business ecommerce firm ElasticRun and Omnichannel home interiors platform L...
- Oyo may downsize IPO; exclusive chat with Nykaa CEOOyo plans to reduce the size of its IPO to less than $1 billion, given the prevailing market conditions. In conversation with Nykaa CEO Fal...
- Karbon Card raises $15 million in funding round led by Olive Tree, othersKarbon closed the year 2021 with a monthly GTV (gross transaction value) of $30 million and expects to grow the GTV to $200 million per mon...
- Karbon Card raises $15 million from Olive Tree, Harmony, Avenir and othersWith the current round, the total funding raised by Karbon stands at around $32 million. The startup, which counts Y Combinator as its earl...
- BharatPe’s Ashneer Grover goes on leave, weeks after rant went viral"For now, the board has accepted Ashneer Grover's decision, which we agree is in the best interests of the company, our employees and inves...
- The new rage in startup townHow does the startup world look at the latest controversy involving the BharatPe cofounder Ashneer Grover, and what do the aggressive entre...
- Stack raises $4.5 million in a seed round from a clutch of investorsThe Bengaluru-based fintech has also recently launched its investment app on the Playstore. The app provides customised investing solutions...
- Making sense of BharatPe's banking forayThe story of how BharatPe, a three-year-old fintech startup, partnered 44-year-old NBFC Centrum Finance to acquire a banking licence and ma...
- Trying to junk active equity funds? Think again! Tide is turning for stock pickersActive managers and stock-pickers had their day in the sun in 2017, with the market providing ample opportunity for alpha generation.
- Employee social network Mesh raises funds from Y Combinator, othersMesh is building an internal social platform for companies that makes it easier for employees to track their daily and weekly tasks, manage...
- Bhavish Aggarwal’s new investor grouping distances Ola further from SoftBank as merger with Uber goes off the tableCab aggregator’s new investor group distances Ola further from its biggest stakeholder SoftBank as merger with rival Uber goes off the tabl...
- Why there is so much unease about SoftBank's funding strategy and methodsAs India’s startups enjoy green shoots of a funding resurgence, SoftBank’s looming presence is occupying a lot of mindspace. Its steps will...
- Should founders run their course, or is it time for a CEO from outside?What makes venture capital funds back founder-CEOs all the way? Which way will India’s digital economy tread? Read to find out some answers...
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