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Year in Review: Decoding startup funding in 2024Happy Friday! Indian startups show early signs of funding recovery after 2023 slowdown. This and more in today’s ETtech Morning Dispatch.- KKR buys secondary shares in Rebel Foods valuing the cloud kitchen firm at around $800 millionA significant portion of the latest financing round comprises secondary share sales, conducted at a lower valuation of around $750-800 mill...
- Digital payments get festive lift; Zomato to relaunch XtremeHappy Tuesday! Customers favoured digital payments for this year’s ecommerce festive sales, especially credit instruments. This and more in...
- Purplle’s extended fundraise; VCs increased scrutinyVenture capitalists are taking a hard look at early-stage startups before signing off on follow-on funding. This and more in today’s ETtech...
- Reverse flips get on the fast-track; quick comm's Diwali playThe government has eased the approval process for startups looking to shift their base back to India. Details on this and more in today’s E...
- Top startup and tech stories this weekWelcome to a brand new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories that we covered this wee...
- Karnataka losing out in manufacturing race; CXO churn in startupsNew-age companies are choosing to set up manufacturing facilities in neighboring states like Maharashtra and Tamil Nadu, bypassing Karnatak...
- Zepto’s mega financing; shareholder battle at Kenko HealthHappy Wednesday! Zepto is holding talks with investment fund DST Global and venture capital firm Lightspeed for funding. Details on this an...
- Regulatory scrutiny may queer the pitch for insurtech; and other top startup & tech stories this weekMultiple people in the know have told me that the insurance regulator is not comfortable with the typical corporate structures of startups,...
- Big-ticket funding deals in focus; Good Glamm's JV with Serena WilliamsIndustry executives view this as a notable uptick after the prolonged downturn in funding for technology ventures in India since 2021. Whil...
- Sula Vineyards shares plunge 8% on block deal reportSula Vineyards shares dropped 8% as Verlinvest reportedly offloaded shares in a block deal. The vine maker is based in Nashik. Kotak Mahind...
- Tatas eye bigger play in electronics, semicon manufacturing; Matrix closes largest India fund at $550 millionAhead of its possible foray into the semiconductor space, Tata Group is scouting land near its electronics manufacturing facility in Tamil ...
- India gets a Purplle unicorn; some techies in demand despite layoffsPurplle, which sells beauty and personal care products online, is the latest Indian tech startup to join the unicorn club and the second th...
- Sugar Cosmetics parent acquires ENN Beauty“With ENN, we will enter the skincare category and we expect it to grow exponentially over the next 12-24 months,” says Vineeta Singh, cofo...
- Amazon Vs Future Retail: Kishore Biyani-led company asks court to declare Singapore arbitration illegal
- Nykaa competitor Purplle plans to go for IPO in about 4 years from nowPurplle's competitor Nykaa launched an IPO comprising a fresh issue of equity shares worth Rs 630 crore and an offer-for-sale (OFS) of 41,9...
- Adani buys minority stake in Cleartrip; the Meta transformation of FacebookAs the travel and hospitality industry is witnessing a post-pandemic revival, the Adani Group today announced that it is acquiring a signif...
- Govt's plan to bypass encryptionIn today's ETtech Morning Dispatch newsletter: The government wants WhatsApp to assign an alpha-numeric hash to every message sent through ...
- Juicy Chemistry raises $6.3 million in Series A funding roundJuicy Chemistry, which competes with Nykaa, Plum and Purplle in India’s online personal care products space, plans to use the funding from ...
- Paytm - the hottest startup of 2020: Wizikey reportInterestingly, as per the The Hottest Startups of 2020 report, all the top ten startups on the list are unicorns, namely Paytm, Dream11, Zo...
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