Lahori’s funding fizz; Info Edge’s windfallBeverage brand Lahori has raised Rs 200 crore from Motilal Oswal Wealth. This and more in today’s ETtech Top 5.
Info Edge’s stakes in Zomato, Policybazaar valued at Rs 31,500 croreInfoEdge saw 36% returns from startup investments since 2007, while its AIF investments yielded 18.7% returns. The company invested Rs 3,95...
Indian startups raise $1.65 billion in February; median valuation at $83.2 millionThis brings the total funding in FY25 (April-February) to $25.4 billion, spread across 2,200 rounds, according to data from Traxcn. The Feb...
B2B sourcing startup Geniemode raises $50 million in round led by MultiplesNandan Nilekani’s venture capital firm Fundamentum, Paramark Ventures, and existing investor Info Edge Ventures also participated in the ro...
Musk sells $4B Tesla shares; Turtlemint nears unicorn valuationMusk said in a tweet that there are "no further TSLA sales planned after today”. He sold 4.4 million shares on Tuesday and Wednesday, accor...
ETtech Deals Digest: Turtlemint, WoodenStreet, Geniemode, others raised funds this weekInsurtech startup Turtlemin, Singapore-based Believe Pte Ltd, Furniture and home decor platform WoodenStreet were among the startups that r...
CCI raids top ecommerce sellers; Snap cofounder calm on short-term volatilityCloudtail has disappeared from Amazon’s platform. There are currently no listings under the giant seller, which was crucial to Amazon’s ear...
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...
Geniemode bags $28 million in funding from Tiger Global and othersFounded in May 2021 by Amit Sharma and Tanuj Gangwani, Geniemode works with buyers and manufacturers of furniture, home textiles, apparel a...
Amazon India, Flipkart revenues up; IT services Q3 previewTwo crucial units of Amazon India and Flipkart have filed their financials for fiscal 2021, which ended just as the second wave of Covid-19...
Latest Flipkart financials; SBI puts $20M in Pine LabsTwo key units of Flipkart's India business reported strong revenue growth in FY21, according to regulatory filings sourced from Tofler.
B2B etailer Geniemode raises $7 million from InfoEdge Ventures, othersThe fundraising, which comes within four months of Geniemode’s $2.25-million seed round, will be utilised to scale the Gurugram-based firm’...