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Scoop: Sequoia alumni’s Ambition Capital set to raise $250 million for early-stage investingShailesh Lakhani, Harshjit Sethi and Mayank Porwal, who were previously with Peak XV (formerly Sequoia Capital India), have teamed up to ea...
Rural commerce startup Rozana bags $30 million; valuation nears $200 millionRural commerce startup Rozana, which has built an omnichannel retail network spanning 21,000 villages in Uttar Pradesh and Haryana, has rai...
Remarks on deeptech startups at Startup Mahakumbh last year ‘not necessarily accurate’: Piyush GoyalLast April, the commerce and industry minister urged Indian startups to move beyond instant delivery apps and focus on high-tech domains su...
Fellowships open a door for campus entrepreneursData from Superscout, a platform that tracks VC fellowship and scout programmes globally, shows that from a total of about 10,000 applicati...
Groww, Pine Labs IPOs spark fresh deal flow for fintech startupsIndia's fintech sector is buzzing with activity. Startups are securing new funding after a period of slowdown. Policy clarity on lending an...
Rs 15,000 crore in startup IPO exits; Dunzo cofounder’s new ventureHappy Monday! New-age companies that listed this year have generated sizeable gains for investors. This and more in today’s ETtech Morning ...
Coinbase ups CoinDCX bet; Prosus picks Ixigo stakeCoinbase is increasing its investment in the Indian cryptocurrency exchange CoinDCX. This and more in today's ETtech Top 5.
Investors' hunt for Groww unlisted shares at steep $9 billion valuation raises eyebrows. What does it tell about IPO?Investors are chasing Groww’s unlisted shares at valuations nearing $9 billion, ahead of its Rs 6,000-7,000 crore IPO. Secondary market act...
Former Y Combinator investor Arnav Sahu joins Peak XVArnav Sahu, formerly a principal at Y Combinator, has joined Peak XV as an investment partner in the Bay Area. He will be part of a new San...
Mobikwik shares surge 90% on stock market debutMobikwik raised Rs 572 crore through the public issue, which is its second attempt to list the company in the Indian bourses. Prior to the ...
RaptorX raise funds in a pre-seed round from Peak XV Spark, EagleWings Ventures, Point One Capital among othersThe funds will be used to strengthen RaptorX’s AI and machine learning capabilities. The firm will also bring in talents to expand its team...
Payments firms slash cashbacks, incentives on funding droughtConsumer payment companies like PhonePe, Paytm, Amazon Pay, and Cred have significantly reduced their marketing expenditures and customer i...
Ashneer Grover, BharatPe settle disputes; cut all tiesFintech startup BharatPe and cofounder Ashneer Grover have resolved their ongoing dispute. As part of the settlement, Grover will no longer...
ETtech Explainer: What's next for Byju's after SC stays settlement deal with BCCIByju's founder Byju Raveendran is dealing with several legal disputes, including a Rs 158 crore payment issue with the Indian cricket board...
Peak XV to launch permanent investment vehicle backed by fund partners, team membersThe Peak XV Anchor Fund will be backed by an internal pool of capital, according to a letter sent to investors. Formerly known as Sequoia I...
Peak XV launches Spark 03 cohort with 14 startups, including 16 female foundersArtificial Intelligence (AI) and healthtech dominate this cohort with four companies in AI and four in healthtech, while others in the grou...
Investments, M&As return to spice up food services spaceMainland China and Oh! Calcutta operator Speciality Restaurants is in advanced talks for its first set of acquisitions, Anjan Chatterjee, c...