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India's IPO market loses steam on global market jittersSeveral Indian companies are delaying their initial public offerings. This is due to weak investor sentiment and global economic uncertaint...- Droom Technology bets on four-fold demand in EVs by next three yearsGiven the traction in the local market, the company expects nearly two-thirds of its sales to come from electric vehicles in the coming thr...
- Droom bets on eight-fold growth in GMV by 2025Droom clocked GMV of $ 1.2 billion, prior to the outbreak of the pandemic in 2019. Net revenues in the year stood at $32 million. At the cu...
- Haryana job reservation law | The Gurgaon story may go from startup to wrap upIf the Haryana job reservation law comes into effect, many startups—several of them unicorns like Delhivery, Makemytrip, Oyo and Zomato—may...
- Automatics find more buyers in used car marketThe demand for automatic is split 50:50 between metro and non-metro markets. Cities like Jaipur, Indore, Coimbatore, Mangalore and Ahmedaba...
- Beenext closes of two new VC funds; Indian startups to get one-third from $160 million corpusBeenos has backed a number of high-profile ventures like online auto marketplace and services firm Droom, realty portal NoBroker and fashio...
- Generico gets Rs 10 crore funds from Alteria CapitalAlteria Capital, founded in 2018 by Vinod Murali and Ajay Hattangdi, typically puts in between Rs 2 crore and Rs 100 crore in startups acro...
- Cars24 set to pick up $80 million from backersCars24 is also in advanced stages of discussions with multiple potential new investors, who are likely to put in another $25-30 million int...
- Ola raises $300 m from Kia, Hyundai to build EVsFor Hyundai and its affiliate Kia, this is their second bet on the ride-hailing segment globally after backing Singapore-based Grab last ye...
- Hyundai may book a $300-m ride in OlaThis could be Hyundai’s second investment in the Indian startup ecosystem if it comes to fruition.
- Lightbox Ventures raises $178 million for largest fund yet, targets close at $200 mn by year endLightbox Ventures III is targeting a fund closure of $200 million by the end of this year, as per its filings with the US Securities and Ex...
- Why there could soon be a big change in the India strategy of SoftBank, Alibaba and TencentE-commerce behemoth Alibaba Group and Tencent are strategic investors of Chinese origin that have set up shop in the country, and are worki...
- Droom marketing budget zooms to Rs 225 croreDroom's spend towards marketing as a means to drive new business comes even as investors have been pushing startups to curb cash burn to dr...
- Japanese investors look to bet their money on Indian startupsSeveral Japanese funds that have entered India in the last 2 years are expanding fund allocations for the country and accelerating their pa...
- Struggling online auto classifieds bet on used car business to increase revenuesThe losses of the online auto portals are increasing on the back of high marketing and advertising expenses. However, this has not stopped ...
- With losses mounting, used car players have a challenging year aheadGrowing at an annual rate of 15%, the market was set to cross 33 lakh units by the end of last year. However, demonetisation in early Novem...
- Lightbox raises $54 million expansion fund, looks to double down on portfolio companiesThe fresh raise also comes at a time when risk capital funding in the country has plunged, compared with 2015, driven by a combination of g...
- Family offices of Alibaba's Jack Ma and Joseph Tsai exploring investments in IndiaWhile their personal investment vehicles are yet to park money in Indian startups, feelers have been sent through informal networks.
- Why are investors writing larger cheques for startupsIt has never been as good for new startups. Hungry investors in pursuit of the next big winner are writing larger cheques than ever for yet...
- HR culture: From flexible timings to daycare, how startups are drawing policies to retain employeesStartups have come up with HR policies that include flexibility to change roles and choose working hours, and even offering accommodation t...
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