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ABHIROOP MEDHEKAR
Beauty secrets: Inside India's booming beauty industry that relies on hundreds of contract manufacturersNishit Dedhia, the MD and cofounder of Kain Cosmeceuticals, is leading a tour of his cosmetics manufacturing facility in Khopoli, Maharasht...
No more hidden charges by banks, NBFCs to all borrowers as RBI makes declaring actual interest rate mandatoryActual interest rate on loans in Key Fact Statement: When a borrower takes a loan from a bank or NBFC, apart from interest rate, the lender...
Revenue-linked financiers bet big on SaaS companiesOver the past month, revenue-based financiers such as GetVantage and Velocity have set aside a dedicated corpus of Rs 250 crore and Rs 300 ...
Revenue-based financier Velocity allocates $36 million for SaaS firmsThe 2020-founded startup invests in ecommerce and direct-to-commerce (D2C) companies. It has made about 2,000 investments in the two segmen...
Tata chief puts profits first for Neu; Zerodha cofounder Nikhil Kamath's latest betBlack is beautiful and that’s the colour Tata Sons chairman N Chandrasekaran wants the salt-to-software conglomerate’s digital arm to focus...
Peter Thiel's Valar Ventures backed revenue-based financing startup Velocity lays off about 14% of staffRevenue-based financing startup Velocity has laid off around 14% of its workforce, the Bengaluru-based company's cofounder and chief execut...
‘Lexi’: India’s first AI assistant powered by ChatGPT, here's everything you need to know about itIndia now has its first ChatGPT-powered AI chatbot. The chatbot, named Lexi, was introduced by financial technology business Velocity and i...
Velocity.in bags $20 million in funding led by Peter Thiel's Valar VenturesLaunched in early 2020, Velocity offers revenue-based financing as an alternative to venture capital and traditional bank debt for e-commer...
Valar leads Velocity's $10.3 million seed roundThe Bengaluru-based revenue finance player will utilise the funds to ramp up its customer base and expand its product suites to enterprise ...
Fresh set of VCs from Sequoia, Accel, others quit to become foundersAccel, an early backer of Flipkart and Swiggy, estimates that 90% of those who stepped down from the fund ended up starting their own compa...
Home services startup Taskbob shuts shopThe company, which had raised its last round of funding in February 2016, competed with the likes of UrbanClap and HouseJoy. It claims to h...