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DOTPE FUNDING
PayU’s chief investment officer Vijay Agicha quitsVijay Agicha, chief investment and transformation officer of PayU, has resigned. He may join an investment firm. His departure follows rece...
Credit-based fintech startup KreditBee raises $80 million in funding from existing investorsKreditBee is now expected to close the fundraise at $125-150 million and it is expected to wrap up in the next three weeks
Fintech fund White Venture Capital launches programme to help executives start upWhite Venture Capital, a fintech-focused fund set up by Amrish Rau and Jitendra Gupta, along with angel investor Sweta Rau, will invest up ...
Indian startup sector funding nosedives 80% in Q3, slowdown to continue: reportThe funding in Indian startups nosedived a massive 80 per cent (year-on-year) in the third quarter (July-September period) this year, with ...
Only 6% Google fee for some apps; ED freezes another Rs 46 crore in loan apps caseGoogle’s revised Play Store billing policy, which is set to take effect in India on October 31, may bring good news for app developers that...
Another week of tepid funding for Indian startupsWith large PE and VC funds still placing their bets cautiously amid the volatile macroeconomic environment, the dry spell might continue fo...
Google-backed payments startup DotPe raises $54.4 million in funding led by TemasekThe new round comes after DotPe raised $27.5 million in funding in March 2021.
B2C credit management platform CheQ raises $10 million in funding led by Venture HighwayCheQ is backed by angel investors such as Naveen Kukreja, the chief executive of PaisaBazaar, and Shailaz Nag, the founder of Dotpe, among ...
Temasek to anchor InfoEdge funds, to put half of corpusInfoEdge, an early backer of food delivery app Zomato and online insurance aggregator PolicyBazaar, takes initial bets in companies and bac...
Google’s investment in Bharti Airtel is part of its big India pushThe tech behemoth has in the last couple of years doubled down its investments in Indian companies, focusing on content and commerce.
Google’s ongoing search for the right bet in IndiaGoogle is ramping up its India play in what can be described as a build-versus-buy move by the search giant to expand its footprint in the ...
Delivery-only outlets ride piggyback, find new road to successThe number of cloud kitchens on Swiggy trebled between FY19 and F21 and doubled on Zomato from January 2020. Industry leader Rebel Foods, t...
Dukaan gets $11-million funding from 640 Oxford Ventures, othersDukaan, an online retail platform that helps businesses digitise operations, will use the fresh capital to expand its operations, hire web ...
Rapido raises $52 million led by WestBridge, Yamaha joins as new investorValuation stands at $250 million post funding, company expects full recovery to pre-Covid levels next month
Killing competitionFrom NPCI's new rules to cap market share of UPI apps to Stripe overhauling its tech infrastructure in India, here's a quick look at the to...
ETtech Deals Digest: Dream Sports fundraising; Khatabook buys Biz AnalystIn this week's ETtech Deals Digest: Dream11 owner Dream Sports closed a $400 million secondary investment round, while Sequoia Capital-back...
DotPe secures $27.5M series A funding from PayU, Info Edge Ventures and GoogleThe fresh funding will be deployed towards accelerating product development, market expansion and scaling technology to meet the fast-growi...
Info Edge Ventures raises Rs 375 crore from Temasek as part of larger fundThe move by Temasek is aimed at getting a foot in the door in India’s burgeoning early-stage startup investing ecosystem in the country.
Info Edge set to raise new $100 million fundThe fund also comes at a time when overall investment activity is slowing down due to the Covid-19 pandemic.
Fosun RZ Capital leads $17 million funding round in IRP SystemsFounded in 2015 by Moran and Paul Price, IRP Systems specialises in high-performance electric powertrain systems for a variety of e-mobilit...