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CHALO VALUATION
Kauvery Hospitals' promoters look to buy back 5% stake from LightrockKauvery Hospitals' leadership is engaged in discussions to repurchase shares from the investor Lightrock, with the valuation of the healthc...- ETtech Deals Digest: Funding drought persists as startups raise just $1.06 billion in MayThe funding numbers for May were bolstered by late-stage investments in app development startup Builder.ai and Walmart-owned fintech major ...
- Suits & Sayings: Spring returns for multimillionaire; fintech CEO's last-moment salary revision plan when new hires dropping off; steel tycoon to host board of US-based investment bank at his Lutyen's Delhi mansionThe strange case of a brother battling his younger sister and her husband for a company that’s worth barely a fraction of his personal fort...
- Electric scooter maker Bounce fires 4% of its workforceThis is a new round of layoffs at the company after its shared mobility business took a hit soon after the Covid-19 outbreak in 2020, leadi...
- M&A deals rise as startup funding begins to slowConsolidation is also in play as many of these startups are unable to shore up a war chest to fight bigger and more well-capitalised rivals.
- Rise in startup M&As; IT firms move to smaller townsIndian startups racked up a record $36 billion in equity capital at never-seen-before valuations in 2021 with some 40 unicorns being minted...
- No more Shopee-ing in India!Shopee entered India in November 2021, and started growing at a fairly good pace. While it's tough to compete in the low-end of online reta...
- Govt’s data use policy sparks concerns; Shopee exits India; Pine Labs bags $50MIndustry groupings argue that this could open up a pandora’s box of privacy risks in the absence of a data protection law. They are also se...
- Chalo acquires shared mobility startup Vogo in a share-swap dealAs a part of this acquisition, Vogo is switching to electric vehicles across its fleet and will expand beyond two-wheelers and offer other ...
- Shopee quits India in six months; crypto exchanges evaded Rs 81.54 crore GSTSingaporean ecommerce firm Shopee, which launched in India only about six months ago, has already decided to shut its operations here.
- Bounce’s shared mobility business shrank 83% during the pandemicBounce’s overall revenue only shrunk 52% to Rs 53 crore as the company earned income from interest from fixed deposits and other investment...
- Chalo looks to raise $200 million at $800-million valuationThe fundraise could value Chalo at about $800 million, two people aware of the development said. The transport solutions startup has reache...
- Founders keepers at IPO-bound startups; govt differs with RBI on cryptoSeveral startup founders whose firms are debuting on the stock markets in 2021 are being wooed by their companies' boards with increased st...
- ETtech Deals Digest: Acko, Groww raise funds this weekGeneral insurance startup Acko became the 32nd startup unicorn of 2021 after it picked up $255 million in funding led by General Atlantic a...
- Deepinder Goyal interview; Ant Group may sell Rs 5,000 cr of Paytm stakeToday we bring you the last in the series of interviews we've been publishing over the past month with all the winners of The Economic Time...
- Tech's 'big tobacco' moment; Licious joins unicorn clubA day after a faulty configuration change knocked Facebook, WhatsApp and Instagram offline for almost six hours, a former employee turned w...
- India’s first non-veg unicorn; Facebook outage explainedLicious has raised $52 million in a funding round led by IIFL Asset Management's private equity fund at a valuation of just over $1 billion...
- Don’t bet on auto if you have a 10-15-year viewIf you have a 10-year or a 15-year view, either Maruti has to change itself or survival would be difficult, says Basant Maheshwari
- India's startup scene isn't as sexy as China's, but it's growingIndia’s startup scene is relatively new compared with China’s, and its economy is much smaller despite their populations being of similar s...
- 'Through Himalayan, we have secured a piece of the future'In an exclusive interview, Percy Siganporia, 56, Tata Tea’s managing director, who has been with the company since its inception, says the ...
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