OfBusiness converts into public limited companyShareholders of OfBusiness’s parent company, Ofb Tech, have approved a plan to convert it into a public limited company. This change is a n...
30 Jan, 2025, 02.40 PM IST
Shiprocket converts to public company in run-up to IPOThis development comes in the wake of reports suggesting that the company is preparing to raise between Rs 2,000-2,500 crore through an ini...
27 Jan, 2025, 06.01 PM IST
Cross-border payment innovations key to India’s $2 trillion export potential: Shiprocket’s Akshay GhulatiAkshay Ghulati, CEO - International Shipping, Shiprocket highlighted why efficient cross-border payments for MSMEs are the need of the hour...
19 Dec, 2024, 09.50 AM IST
Japan's MUFG Bank, Koch Group seek CCI nod to acquire minority stakes in ShiprocketAccording to a notice, MUFG Bank, a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc, has sought CCI nod for acquisition of a...
24 Oct, 2024, 09.25 PM IST
Tribe Capital’s new India investment vehicle to pump another $75 million in ShiprocketWill back, build and buy out companies in India; focus is on investing in a small cohort of startups and own large stakes in them, says Arj...
30 Apr, 2024, 06.03 PM IST
Flipkart’s $1 billion fundraise; Zomato offers to acquire ShiprocketEcommerce giant Flipkart is in the middle of closing a $1 billion funding round in which Walmart has committed $600 million. This and more ...
21 Dec, 2023, 08.08 PM IST
Up to 50% of startups will have to sell or shut amid funding winter: Tribe Capital’s Arjun SethiTalking about the rout faced by the tech sector in public and private markets, Sethi said India was similar to the growth market in the Uni...
15 Oct, 2022, 01.51 PM IST
ETtech Deals Digest: Shiprocket turns unicorn amid funding winterShiprocket became India's 106th unicorn after raising funds from existing investors Temasek and Lightrock India
19 Aug, 2022, 06.23 PM IST
Dunzo shifts growth gears; Shiprocket is 20th unicorn of 2022After that round, the company stepped on the gas as it looked to expand operations amid intense competition from rivals like Swiggy’s Insta...
18 Aug, 2022, 07.52 AM IST
Avendus Future Leaders Fund buys stake in Xpressbees for Rs 195 croreThis is the sixth deal from the new Rs 1,500-crore fund II raised by Avendus in August 2021. So far, it has invested in companies such as S...
02 Aug, 2022, 06.00 AM IST
India’s future unicorns worth $49 billion: Hurun Research Institute reportThe report by the research house is a ranking of privately held Indian startups that were founded after the year 2000, worth at least $200 ...
01 Jul, 2022, 02.12 PM IST
Ecommerce startup Evenflow raises $5 million in funding from Village Global and othersEvenflow aims to develop over 20 such Indian brands over the next 12-18 months. The startup will use the funds raised in this fresh round t...
05 May, 2022, 11.39 AM IST
Zomato picks up stake in robotics firm Mukunda FoodsIn a notification filed with BSE, Zomato said it has acquired a stake in the food robotics company, which designs and manufactures smart ro...
15 Mar, 2022, 11.41 PM IST
Zomato’s Deepinder Goyal transfers his Blinkit shares to Tiger GlobalThe share transfer comes as Zomato is ramping up its investment in Blinkit (formerly Grofers), after abandoning its plans to enter the e-gr...
04 Feb, 2022, 09.21 AM IST
Shiprocket looks to land $200m; ecomm firms begin festive season hiringShiprocket, a company that collects goods from online businesses and sends them to delivery companies, is finalising a new round of funding...
08 Sep, 2021, 07.09 AM IST
ETtech Deals Digest: DealShare, Shiprocket raise funds this weekStartups raised smaller funding rounds this week compared to the previous one. Social commerce platform DealShare and logistics aggregator ...
09 Jul, 2021, 06.52 PM IST
The MSME economic package may turn out to be beneficial for some startupsApart from logistics, startups such as TradeIndia had also taken to provide a B2B marketplace for MSMEs, connecting buyers and suppliers an...
15 May, 2020, 11.39 AM IST