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Jungle Ventures elevates two executives to managing partnerJungle Ventures has elevated Arpit Beri and Rishab Malik to managing partners. This move bolsters the firm's senior leadership as it expand...- ETtech Deals Digest: Startups raise $871 million in September, down 28% on-yearStartups across seed, early, and late stages raised the funds through 87 deals, compared to 190 in the year-ago period.
- ETtech Deals Digest: Startups raise $180 million this week, up 28% on-yearDespite the higher value, the number of deals during the week was down at 19 transactions, compared to 51 in the corresponding week last ye...
- Community ecommerce startup CityMall raises $47 million at flat valuationExisting investors, including Waterbridge Ventures, Citius, General Catalyst, Elevation Capital, Norwest Venture Partners, and Jungle Ventu...
- BigBasket top brass churn; RMG ban pain manifestsHappy Tuesday! BigBasket CEO Hari Menon is expected to take a step back as part of a leadership transition. This and more in today's ETtech...
- CityMall undertakes first Esop buyback worth $1.3 million.CityMall, which is backed by investors like Accel, Elevation Capital and General Catalyst, raised $75 million in March. Three months later,...
- Jungle Ventures to triple its investment team in IndiaThe company, which closed its fourth $600 million fund in May, has a team of four professionals in New Delhi and Bengaluru. The company for...
- Agriculture export startup Produze raises $2.6 million in funding led by Accel PartnersProduze began its operations six months ago and was founded by Ben Mathew, Gaurav Agrawal, Rakesh Sasidharan and Emil Soman. Mathew and Agr...
- Citymall lays off 191 employees three months after raising $75 million in fundingOn Sunday evening, the company posted on professional networking site LinkedIn, saying it has taken the call to layoff a portion of its sta...
- Crypto investors nurse FOMO wounds; Zilingo founders offer to buy troubled firmAs the bears’ grip on the market tightens, Indian investors who succumbed to FOMO (fear of missing out) and invested in crypto assets are f...
- Singapore- based Jungle Ventures raises $600 million for new fundThe funding includes $450 million in the main Fund IV and $150 million in additional managed commitments, one of the largest pools of capit...
- Citymall raises $75 million in funding led by Norwest Venture PartnersThe funding will be used to expand across categories and geographies, and strengthen its back-end technology, said Angad Kikla, cofounder a...
- Quick commerce delivers quick jobs; 2022 will see fewer but bigger dealsInsiders estimate that more than 400,000 delivery jobs will be up for grabs in the next 90 days, almost 50% more than this time last year.
- General Catalyst hires Anand Chandrasekaran for its India playIn his role as a General Catalyst’s partner and investor, Anand Chandrasekaran will focus on startup investments in India and the US. As an...
- CityMall joins hyper-competitive fresh grocery spaceThe startup had struggled with supply chain issues despite attracting demand the first time around, a person aware of its plans said.
- CCI hears startups in Google case; CityMall joins grocery rushGoogle has been under fire around the world for its steep commissions and monopoly over payments on its Play Store.
- Otipy, a social commerce platform, gets $10.2 million from SIGOtipy will use the funding to enter additional categories for perishable items, such as milk and bread, as well as expansion into other cit...
- CityMall raises $22.5 million from General Catalyst, Jungle Ventures, othersCityMall, an e-commerce platform focused on smaller cities and towns, will use the fresh funding for hiring, technology and building a logi...
- CityMall raises $11 million in funding led by AccelThe capital will be used to strengthen the online grocery platform’s supply chain, logistics network and expand its footprint to 20 new cit...
- Citymall raises $3 million in funding led by Elevation CapitalThe proceeds of this fresh funding will be utilised to build a network of community leaders and expand its supply chain tailored for Tier I...
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