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RAZORPAY INDIA RETURN
Scoop: Ex-Peak XV trio launches Mettle Capital, targets $350–400 million fund to back Indian startupsThree former Peak XV Partners, Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma, have launched Mettle Capital. The new venture capital fu...- Lightspeed eyes new India fund, plans smaller corpus of $300–350 million amid AI focusThe venture capital firm, which was initially looking to raise as much as $500 million for its fifth India fund, has now cut the target siz...
- Groww investors reap bumper returns; Lightspeed’s India rethinkHappy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dis...
- Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
- I never wanted to be a VC: Harshita Arora on why she joined YC as its youngest general partnerHarshita Arora, 24, makes history as Y Combinator's youngest general partner. She initially joined as a visiting partner, finding her calli...
- Razorpay eyes IPO; Sarvam's $1.5 billion leapHappy Monday! Razorpay is planning an IPO at a lower valuation than its $7.5 billion peak. This and more in today's ETtech Morning Dispatch.
- Exclusive: Razorpay invites banker pitches for IPO; targets Rs 4,500 crore fundraiseRazorpay has begun formal preparations for a stock market debut, inviting merchant bankers to pitch for its IPO mandate, people familiar wi...
- Reverse flipping by Indian startups gathers steam: Here’s all you need to knowBetter listing prospects and easier legal formalities are seeing many Indian startups change domicile to India from overseas. Here's a look...
- Ghar wapsi: Indian startups returning home in drovesIndian startups like Razorpay, Udaan, and Meesho are shifting their headquarters back to India due to improved IPO opportunities, easier co...
- Year in Review: Behind the VC reset and what’s next in 2025Happy Wednesday! India's venture capital ecosystem stays cautious, holding cash amid profit pressures. This and more in today’s ETtech Morn...
- Flipback Tax: Razorpay restructures to cut levy; Groww pegs tax outgo at $70 millionUS-registered Razorpay is quickening plans to shift its domicile to India. For the same, it has initiated a restructuring exercise through ...
- Payments firm Cashfree posts 75% jump in FY23 revenue, losses bloat to Rs 133 croreTotal expenses for Cashfree more than doubled to Rs 750 crore during the year, mainly on account of employee costs jumping to Rs 198 crore ...
- ETtech Exclusive | In ‘reverse flip’, Razorpay parent entity plans to return to India from the USThe Y Combinator-backed Razorpay, valued at $7.5 billion, had to necessarily domicile itself in the US, when it raised funds from the Silic...
- Razorpay acquires PoshVine, Elon Musk-Twitter CEO depositions delayedTaking its acquisition tally for 2022 to four, digital payments and financial services platform Razorpay has entered the loyalty & rewards ...
- India Inc flexible on work model for right talentAcross sectors, organisations have rolled out flexible start/stop times, condensed work weeks, home workplace set-up, and self-managing/cre...
- Meesho bets on live commerce; Razorpay valuation hits $7.5BMeesho is building a live streaming platform for influencers in the hope that it will boost sales and give it another revenue stream. Meanw...
- Razorpay acquires TERA Finlabs in push for startup, MSME loansRazorpay Capital along with TERA Finlab's technology capabilities will be able to service the credit needs of more than 10,000 startups and...
- Razorpay acquires lending firm TERA Finlabs; strengthens MSME playTERA Finlabs is an Indian subsidiary of GAIN Credit, a UK digital lender launched in 2018.
- Moglix, Razorpay staff make hay while Esop buyback’s onSeparately, Moglix, which counts Accel Partners, Sequoia Capital and Tiger Global Management, among others, has undertaken a Rs 5-10 crore ...
- Fintech startups make a beeline for partnering tech firms on GSTNGST Suvidha Providers such as Deloitte Touche Tohmatsu India, Reliance Corporate IT Park are selected to build backend infra.
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