| Date | Title | Description |
| 13.11.2024 | Razorpay Launches Venture Investment Programme to Support Early-Stage B2B Startups Razorpay has launched the Razorpay Venture Investment Programme in partnership with Peak XV Partners and Lightspeed, ... | Digital payments and banking unicorn Razorpay has launched a new venture investment initiative to support early-stage B2B startups across multiple sectors, including fintech, healthcare, education, logistics, and hospitality.
Dubbed the Raz... |
| 11.11.2024 | Unlocking India's IPO Potential: IVCA Announces Inaugural Indian Venture IPO & Exit Strategies Forum | Mumbai, Maharashtra, India
India’s apex industry body for alternative assets, the Indian Venture and Alternate Capital Association (IVCA), has announced its inaugural flagship forum, Indian Venture IPO & Exit Strategies Forum 2024. Sche... |
| 05.11.2024 | Funding Societies secures third credit facility with HSBC to extend access to MSMEs in Southeast Asia | Part of HSBC's ASEAN Growth Fund, an accumulative commitment of over US$100 million to Funding Societies since its partnership established in 2022
SINGAPORE, Nov. 5, 2024 /PRNewswire/ -- Funding Societies | Modalku (Funding Societies), the ... |
| 05.11.2024 | Peak XV, Lightrock-backed Yubi's topline rises, net loss narrows | Gaurav Kumar, founder and CEO of Yubi
Financial services unicorn Yubi (erstwhile CredAvenue), which provides debt restructuring, credit assessment and collections services to banks, fintech companies and non-banking financial corporations, ... |
| 03.11.2024 | Bifrost AI: Generative 3D Data Platform Company Raises $8 Million (Series A) | Generative 3D data platform Bifrost AI announced it has raised $8 million in Series A funding. Carbide Ventures led this round, which also included Airbus Ventures, Peak XV’s Surge (formerly Sequoia Capital India & SEA), Wavemaker Partn... |
| 01.11.2024 | Bifrost AI: Bridging the Gap Between Digital and Physical Realms with $8M Funding | In the heart of Silicon Valley, a new player is reshaping the landscape of artificial intelligence. Bifrost AI, a San Francisco-based company, has just secured $8 million in Series A funding. This investment is not just a financial boost; i... |
| 31.10.2024 | Bifrost raises $8M to accelerate AI's ability to solve problems in the physical world | SAN FRANCISCO, Nov. 1, 2024 /PRNewswire/ -- Bifrost AI, a Generative 3D Data platform, raised $8 million in Series A funding to meet the growing demand for AI training data and 3D simulations. Its physically accurate data generation engine ... |
| 30.10.2024 | Auquan: The AI Revolutionizing Financial Services | In the fast-paced world of finance, time is the ultimate currency. Auquan, an AI-driven data analytics startup, is cashing in on this truth. Recently, the company announced a $4.5 million addition to its seed funding, bringing the total to ... |
| 30.10.2024 | Auquan: AI-Based Financial Services Company Raises $4.5 Million (Seed Addition) | Auquan, an AI-based innovator in financial services, announced a $4.5 million addition to its seed round. This funding was led by Peak XV with continued participation from Neotribe Ventures. This brings the total seed funding to $8 million.... |
| 30.10.2024 | Finova Capital raises $135 million in Series E round led by Avataar Venture Partners, Sofina, others | MSME-focused NBFC Finova Capital has raised $135 million in a Series E round from Avataar Venture Partners, Sofina and Madison India Capital, with existing investor Norwest Venture Partners also participating in the round.
They join the cap... |
| 30.10.2024 | AI Fintech Firm Auquan Raises Additional USD 4.5 Mn in Seed Funding Led by Peak XV's Surge With the raised funds, the platform aims to expand its engineering team and advance its Retrieval-Augmented G... | Auquan, an AI-driven data analytics company specialising in financial services, has secured an additional USD 4.5 million in its seed funding round. Led by Peak XV's Surge, with support from returning investor Neotribe Ventures, this invest... |
| 29.10.2024 | Finova Capital Secures USD 135 Mn in Series E Funding to Expand MSME Financing The newly secured capital will be directed toward expanding Finova's loan book, investing in technology, and enhancing it... | Jaipur-based Finova Capital, a Non-Banking Financial Company (NBFC) focused on MSMEs, has raised USD 135 million in its Series E funding round. This substantial round saw participation from new investors, including Avataar Venture Partners,... |
| 29.10.2024 | Finova Capital secures Rs 1,135 crore from Avataar Venture Partners, Sofina, Madison India others | ETtech
Finova Capital has secured $135 million (about Rs 1,135 crore) in a fresh funding round led by Avataar Venture Partners, Sofina and Madison India Capital, with existing investor Norwest Venture Partners also participating, the Jaipur... |
| 29.10.2024 | Avataar, Sofina, others invest $135 mn in Finova’s Series E round | Mohit Sahney, founder and MD, Finova
Jaipur-based non-bank lender Finova Capital has raised $135 million (Rs 1,135 crore) in its Series E funding round from Avataar Venture Partners, Sofina, and Madison India Capital, with existing investor... |
| 25.10.2024 | Deals Digest: Peak XV, Bain back Variational; Pakistan's COLABS bags funding | US startup Variational raises $10.3 million for its peer-to-peer trading protocol for crypto derivatives, while Pakistani startup COLABS has secured $2 million in pre-Series A funding. |
| 24.10.2024 | Bottomline: Peak XV-backed Eduvanz's AUM shrinks, asset quality deteriorates | Premium
Raheel Shah and Varun Chopra, co-founders, Eduvanz
Education-focussed lending startup Eduvanz posted a net loss for the financial year-ended 2024, even as its assets under management (AUM) shrank by a third during the same time, it ... |
| 22.10.2024 | India Digest: BlackSoil backs 11 startups in Q2; Peak XV unveils Surge 10 | BlackSoil, an alternative credit platform, said it invested $29 million (Rs233 crore) across 11 portfolio companies in July-September 2024. In another development, Peak XV Partners selected 14 startups for the tenth cohort of Surge, its see... |
| 21.10.2024 | Groww doubles FY24 revenue to ₹3,145 cr, pays ₹1,340 cr in domicile taxes for flip back | Financial services provider Groww has more than doubled its FY24 revenue to ₹3,145 crore at a consolidated level, from ₹1,435 crore in the year-ago period. The Bengaluru-based company maintained its operational profitability of ₹535 crore f... |
| 18.10.2024 | Edtech Platform Eruditus Secures USD 150 Mn from TPG's The Rise Fund, Existing Investors Increase Stakes The company plans to deploy the raised funds to expand globally, invest in AI technology, grow ... | Higher education and upskilling platform Eruditus has raised USD 150 million in a Series F funding round, led by TPG's The Rise Fund, a multi-sector strategy within TPG's global impact investing platform.
According to a company statement, e... |
| 18.10.2024 | Основатель Byju's говорит, что его стартап, который когда-то стоил 22 миллиарда долларов, теперь «ничего не стоит»... | Байджу Равиндран, основатель некогда крупнейшего индийского edtech-стартапа Byju's, признал свои ошибки, выступая перед журналистами в четверг. По его словам, компания, которую ранее оценивали в 22 миллиарда долларов, теперь фактически не с... |
| 17.10.2024 | Byju Raveendran breaks silence, plans comeback amidst investor, debt crisis | Byju Raveendran, the founder of once the highest-valued edtech Byju’s, broke his silence in nearly two years amidst the company’s financial struggles. In his first public statement since the company’s downward spiral, Raveendran said he wou... |
| 16.10.2024 | Aditya Birla Housing Finance Partners with BharatPe to Revolutionize Secured Lending | Mumbai, Maharashtra, India
Aditya Birla Housing Finance (ABHFL), a fully owned subsidiary of Aditya Birla Capital Limited, India’s leading diversified financial services company, announced a strategic partnership with BharatPe, a renowned I... |
| 10.10.2024 | Venture Capital: The Pulse of Innovation in Asia | In the bustling world of venture capital, Asia is a vibrant landscape. It's a place where ideas bloom and investments flow like rivers. Recent reports reveal a surge in funding across the region, showcasing the relentless drive for innovati... |
| 10.10.2024 | Deals in brief: MindWorks Capital raises USD 220 million for new fund, Chickin and watchTowr reportedly bag Series A funding, four China deals, and more | MindWorks Capital raises USD 220 million for new startup fund
MindWorks Capital, a Hong Kong-based venture capital firm, has closed a new USD 220 million fund aimed at investing in startups across the Greater Bay Area and Asia, according to... |
| 07.10.2024 | Whatfix Announces USD 58 Million (Rs. 485 Crores) Liquidity Event for its Employees and Investors | Bengaluru, Karnataka, India
Whatfix, a pioneer in the “userization” of application technology, maximizing ROI on enterprise tech stacks, has announced its fourth liquidity program of $58 million. The company facilitated liquidity for employ... |
| 02.10.2024 | The Shifting Sands of Office Space: A Tale of Flexibility and Caution | The landscape of office space is changing. It’s a dance between flexibility and caution. In India, flexible office spaces are on the rise, while Singapore’s prime office market is treading water. Both regions reflect broader trends in the g... |
| 01.10.2024 | Whatfix raised $125 M Series E funding from Warburg Pincus, SoftBank | Warburg Pincus led a $125 million Series E funding round for Whatfix, a digital adoption platform (DAP), which also included participation from SoftBank Vision Fund 2, an existing investor.
Whatfix stated in a press release that the investm... |
| 30.09.2024 | Flexible Office Space Funding Soars
GR Infraprojects to Raise $200 Million for Urban Infrastructure Projects
Government Implements Strategy to Boost Shipbuilding Sector
Government Proposes Market-Rate... | Real Estate Flexible Office Space Funding Soars
30 Sep 2024 2 Min Read CW Team
Since 2017, flexible office space operators in India have attracted USD 820 million in private equity (PE) funding, driven by growing demand from corporates, acc... |
| 30.09.2024 | CarDekho Eyes $500 Mn IPO Next Year | SUMMARY
CarDekho is in advanced talks to appoint merchant bankers to helm its initial public offering
The startup plans to file its DRHP in March 2025. The IPO will see Peak XV, Google Capital, and Hillhouse Capital offload a part of their ... |
| 30.09.2024 | CRED nears Rs 2,500 Cr revenue in FY24; cuts operating losses by 41% | Reward-based payments platform CRED continues its growing financial journey on the results side for the fiscal year ending March 2024. The fintech unicorn reported 66% growth in its scale during the last fiscal year, while also managing to ... |
| 28.09.2024 | Truecaller’s B-Share Sale: A Strategic Move in the Tech Landscape | In the fast-paced world of technology, every move counts. Recently, Truecaller AB (publ) made headlines with a significant sale of its B-shares. This transaction, orchestrated by Kleiner Perkins and Peak XV Partners, marks a pivotal moment ... |
| 28.09.2024 | From Whatfix To HomeLane – Indian Startups Raised $432 Mn This Week | SUMMARY
Indian startups cumulatively raised $432.2 Mn across 24 deals, a 3% decline from the $447.5 Mn raised last week via 22 deals
The week saw two mega funding round materialise with Whatfix’s $125 Mn fundraise and M2P Fintech’s $101 Mn ... |
| 26.09.2024 | Whatfix Secures USD 125 Mn in Series E Funding Led by Warburg Pincus, Aiming for Global Expansion The fresh funding will support category expansion, product innovation, and integrated product suite de... | Digital adoption platform (DAP) provider Whatfix has raised USD 125 million in a Series E funding round led by Warburg Pincus, with participation from existing investor SoftBank Vision Fund 2.
This latest investment brings the Bengaluru-bas... |
| 26.09.2024 | Deals in brief: India’s Whatfix raises Series E funding, Supabase bags USD 80 million, Sleek secures debt financing to fuel growth, and more | Whatfix raises USD 125 million in Series E funding
Indian software company Whatfix has raised USD 125 million in a Series E funding round led by Warburg Pincus, with participation from SoftBank Vision Fund 2. The investment will reinforce W... |
| 26.09.2024 | 3one4 Capital led $5 M Series A funding raised by ELIVAAS | Platform for renting out vacation homes, ELIVAAS, has raised $5 million in a Series A funding round led by 3one4 Capital, with additional angel investors and Peak XV’s Surge also participating.
In November 2023, the Gurugram-based startup h... |
| 26.09.2024 | TPG, Peak XV, Norwest score over $500 mn exit; how did they fare? | Pro
Credit: 123RF.com
Alternative investment giant TPG, which has had a mixed bag in terms of some private equity harvests churning big money and others turning out to be duds, has logged another liquidity move in India with higher-than-nor... |
| 25.09.2024 | Sale of B-shares in Truecaller AB (publ) | Sale of B-shares in Truecaller AB (publ)
Wed, Sep 25, 2024 07:59 CET Report this content
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| 25.09.2024 | Whatfix raises $125 Mn from Warburg Pincus and SoftBank | Digital adoption platform (DAPs) Whatfix has secured $125 million in a Series E funding round, led by Warburg Pincus with participation from existing investor SoftBank Vision Fund 2.
The investment will enable Whatfix to expand its category... |
| 25.09.2024 | Supabase, the Postgres-based application development platform, raises $80M in funding
Your vote of support is important to us and it helps us keep the content FREE.
One click below supports our missio... | Open-source application development platform and Postgres database service provider Supabase Inc. said today it has closed on an $80 million round of funding, bringing its total amount raised to date to $196 million.
Today’s Series C round,... |
| 25.09.2024 | HomeLane to acquire DesignCafe, secures Rs 225 Cr funding | Omnichannel home interior and renovation platform HomeLane has announced its offer to acquire DesignCafe, a leading player in the home interiors market. The acquisition, which is awaiting regulatory approval, is expected to be one of India’... |
| 24.09.2024 | Kleiner Perkins and Peak XV announce their intention to offer B-shares in Truecaller AB (publ) to institutional investors | Kleiner Perkins and Peak XV announce their intention to offer B-shares in Truecaller AB (publ) to institutional investors
Tue, Sep 24, 2024 17:41 CET Report this content
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIR... |
| 24.09.2024 | Visa Processing Platform Atlys Secures USD 20 Mn in Series B Round Led by Peak XV Partners and Elevation Capital With the fresh funds, the Delhi- and San Francisco-based firm aims to enhance its produ... | Visa processing platform Atlys has secured USD 20 million in a Series B funding round co-led by Peak XV Partners and Elevation Capital. The round also saw participation from existing investors, alongside new backers such as DST Global and H... |
| 24.09.2024 | India: Peak XV Partners, Elevation co-lead $20m funding in visa platform Atlys | Visa processing platform Atlys on Tuesday said that it has raised $20 million in its Series B funding round, co-led by Peak XV Partners (formerly Sequoia Capital India) and Elevation Capital. |
| 24.09.2024 | E-visa startup Atlys raises $20 million in funding led by Peak XV, Elevation | ETtech
E-visa startup Atlys has raised $20 million in a series-B funding round that was led by existing investors Peak XV Partners and Elevation Capital.
Read More News on
Atlysvisa processingartificial intelligenceDST Globalvisa
Read More ... |
| 23.09.2024 | MobiKwik's IPO Journey: A New Chapter in Fintech | MobiKwik is on the brink of a significant transformation. The Gurugram-based fintech company has received the green light from the Securities and Exchange Board of India (SEBI) to launch an initial public offering (IPO) worth Rs 700 crore, ... |
| 23.09.2024 | MobiKwik gets go-ahead from SEBI for $84 mn IPO in second attempt | Credit: 123RF.com
One Mobikwik Systems has received the Securities and Exchange Board of India’s (SEBI) approval to raise Rs 700 crore ($84 million) through an initial public offering.
While the company had initially filed for a Rs 1,900 cr... |
| 20.09.2024 | Deals in brief: DCM Ventures to sell Kuaishou shares, Momos raises Series A funding, five China deals, and more | DCM Ventures plans to sell Kuaishou shares
Global venture capital firm DCM Ventures is planning to sell its remaining 91.66 million shares in Chinese short video platform Kuaishou Technology, aiming to raise up to USD 479 million.
According... |
| 20.09.2024 | Elivaas, Big Bang Boom, TraqCheck get funding; Stockal buys Acru | Elivaas founders Karan Miglani and Ritwik Khare
Villa and apartment management startup Elivaas, enterprise software company TraqCheck and Big Bang Boom Pvt. Ltd, a startup operating in the defence sector, have raised early-stage funding, th... |
| 14.09.2024 | Temasek blockchain startup trims team amid technical troubles | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Collin Furtado · 2d ago · 5 min readTemasek blockchain startup trims team amid tech... |
| 13.09.2024 | Peak XV, others divest stake worth Rs 1,600 Cr in MamaEarth’s parent | Peak XV (formerly Sequoia Capital), along with Stellaris Ventures, Sofina Ventures, and Fireside Ventures, collectively sold shares worth Rs 1,600 crore ($190 million) in Honasa Consumer Limited, the parent company of the direct to consumer... |
| 13.09.2024 | ICICI Prudential Life Insurance Increases Its Stake In Honasa To 5.48% | SUMMARY
ICICI Prudential Life Insurance Company said its stake in Honasa increased following acquisition of an additional 46.91 Lakh shares
ICICI Prudential held a 4.03% stake in Honasa before the latest acquisition of shares, while its sta... |
| 13.09.2024 | How Peak XV's score from Mamaearth swings between an average harvest and 20x return | Pro
Venture capital firm Peak XV Partners has cut its stake in direct-to-consumer beauty and personal care brand Mamaearth with two of its investment entities generating contrasting returns on their bets. Peak XV, which was previously known... |
| 06.09.2024 | How Peak XV turned $25 mn bet on a non-tech company to over $300 mn exit | Pro
(L-R) GV Ravishankar and Sakshi Chopra, managing partners - growth stage, Peak XV Partners
Venture capital firm Peak XV Partners, fresh from the success of seeing the valuation of its portfolio company Awfis double within three months o... |
| 06.09.2024 | povo2.0, Japan's favourite digital telco, achieves highest user engagement and customer satisfaction rates with Circles' SaaS technology | Following high customer satisfaction ratings, KDDI Digital Life's povo2.0 redefines the future of connectivity and digital transformation with 30% increase in user engagement and an 8% ARPU uplift
SINGAPORE, Sept. 6, 2024 /PRNewswire/ -- Ci... |
| 06.09.2024 | PayGlocal gets RBI nod as online payment aggregator | PayGlocal, a leading cross-border payment solutions provider, has received final authorisation from RBI to operate as an online payment aggregator.
The company will offer a comprehensive suite of payment solutions that cater to a diverse ra... |
| 03.09.2024 | CarDekho backs fleet management services company Carrum | Credit: VCCircle
Automobile marketplace CarDekho has invested an undisclosed amount in fleet management services company Carrum, founded by Revv's former co-founder Karan Jain, it said in a statement on Tuesday.
The latest deal adds fleet m... |
| 28.08.2024 | The Dance of Innovation: Chang’an and Huawei’s Strategic Partnership | In the fast-paced world of automotive technology, alliances can be as crucial as the vehicles themselves. Chang’an Automobile’s recent investment in Huawei’s subsidiary, Yinwang, exemplifies this dynamic. The deal, valued at RMB 11.5 billio... |
| 28.08.2024 | AI Can Transform Fintech Sector But Is Not Being Used Enough: Peak XV’s Shailendra Singh | SUMMARY
Peak XV Partners managing director Shailendra Singh believes that there is a dearth of use of artificial intelligence (AI) in India’s burgeoning fintech sector
CRED founder and CEO Kunal Shah observed that AI to grow in fintech, we ... |
| 28.08.2024 | The Future of FinTech in India: Global FinTech Fest Outcome In a recent discussion at the Global FinTech Festival, Shailendra Singh, Dilip Asbe and Amrish Rau, comprehensively take on the dynamic worl... | In a recent discussion at the Global FinTech Festival, Shailendra Singh MD of Peak XV Ventures offered a comprehensive take on the dynamic world of FinTech, setting the stage for a broader conversation on the sector's future. Singh categori... |
| 27.08.2024 | General Atlantic, Prosus ask Supreme Court to hear their concerns in Byju's insolvency | Byju's founder Byju Raveendran | Credit: Reuters
Foreign investors in Indian education technology company Byju's, including General Atlantic, have urged the country's Supreme Court to hear their concerns as judges decide on the future of th... |
| 26.08.2024 | Deals in brief: Earth VC invests in Aalo Atomics, Sarana AI secures pre-seed funding, five China deals, and more | Earth Venture Capital invests in Aalo Atomics’ USD 27 million Series A round
Earth Venture Capital (Earth VC), a climate tech venture capital firm based in Vietnam, has invested in the USD 27 million Series A funding round of Aalo Atomics. ... |
| 23.08.2024 | The Surge of Online Lending and D2C Brands: A New Era of Growth | In the bustling world of startups, two companies have recently made headlines with significant funding rounds. Axio, an online lending platform, and Uppercase, a direct-to-consumer (D2C) luggage brand, are carving their paths in their respe... |
| 23.08.2024 | Luggage brand Uppercase raised $9 M Series B funding from Accel | Venture capital firm Accel led a $9 million Series B round for D2C luggage brand Uppercase (Acefour Accessories).
According to Uppercase, it raised the new round at a $60 million post-money valuation. The company completed a $7 million Pre-... |
| 23.08.2024 | axio raises $20 Mn from Amazon Smbhav Venture Fund | Update: Online lending platform axio (formerly Capital Float) has raised $20 million from Amazon Smbhav Venture Fund.
The funds will be used to support further growth, including scaling lending operations, expanding use cases of checkout fi... |
| 22.08.2024 | Livpure's Bold Leap: A New Era in Home Solutions | Livpure is making waves. The water purifier and air conditioner manufacturer has just secured a hefty Rs 233 crore (approximately $28 million) in funding. This financial boost comes from M&G Investments and Ncubate Capital Partners. It’... |
| 22.08.2024 | Bluestone Snags INR 900 Cr From Peak XV, Prosus, Others In Pre-IPO Funding | SUMMARY
The pre-IPO round saw participation from Peak XV Partners, Prosus, Steadview Capital, Think Investments and Pratithi Investments through a primary and secondary share sale
As per ET, of the total funding round, INR 600 Cr is in prim... |
| 21.08.2024 | Livpure raises $28 Mn from M&G Investments and Ncubate Capital | Water purifiers and air conditioners manufacturer Livpure has scooped up Rs 208 crore ($25 million) in funding from M&G Investments through its Catalyst investment strategy, and around Rs 25 crore ($3 million) from Ncubate Capital Partn... |
| 14.08.2024 | LingoAce Celebrates Year 7 Milestone: 400,000 Young Learners Worldwide | From Languages to Math and Music, LingoAce is Cultivating a New Generation of Global Citizens
SINGAPORE, Aug. 14, 2024 /PRNewswire/ -- LingoAce, the global leader in online education for children with award-winning learning programs in Mand... |
| 12.08.2024 | ZETWERK appoints Vinod Dasari to its Board of Directors | Contract manufacturing major ZETWERK announced the appointment of Vinod Kumar Dasari to its board of directors. The appointment dated 1 July will see Dasari providing strategic guidance as ZETWERK enters key sectors such as Consumer Electro... |
| 12.08.2024 | MUFG expands India BFSI basket with investment in Neo Group | Nitin Jain, founder, Neo
Japanese banking major MUFG has increased its India BFSI play through participation in funding round in wealth and asset manager Neo Group that counts Peak XV among its investors. This comes close on the heels of th... |
| 06.08.2024 | Jupiter supported by Peak XV expands ESOP pool | The employee stock option plan (ESOP) pool at Neobanking platform Jupiter has been increased by Rs 40 crore, or almost $5 million. By doing this, the company has joined a growing group of late-stage and growth businesses that have increased... |
| 03.08.2024 | The Hydrogen Revolution: Pedaling Towards a Greener Future | Hydrogen is the invisible hero of the energy landscape. It’s the light at the end of the tunnel, promising a cleaner, sustainable future. The recent unveiling of Seeex Tech’s hydrogen-powered bicycle is a testament to this promise. This bik... |
| 01.08.2024 | Deals in brief: Slice snags USD 17.5 million, Dubai-based National Pulse invests in Aleta Planet, Japan’s Otsuka Pharma to acquire Jnana Therapeutics, and more | Slice snags USD 17.5 million in equity and debt round
Slice, a fintech startup specializing in travel payments, has raised USD 17.5 million in a combined equity and debt funding round. The equity investment of USD 7.5 million was spearheade... |
| 31.07.2024 | Fintech BharatPe received $10 M non-convertible debt from Trifecta, InnoVen | The fintech company BharatPe has issued non-convertible debentures to raise Rs 85 crore, or roughly $10 million, in debt. This represents the company’s second debt infusion in 2024, backed by Peak XV and Coatue.
According to BharatPe’s regu... |
| 30.07.2024 | Leap Finance in discussions to raise $100 M, to be valued at over $1 Bn | Two sources aware of the development claim that Leap Finance, a fintech platform for Indian students seeking higher education abroad, is in discussions to raise between $70 and $100 million in a new funding round. After its Series D round l... |
| 29.07.2024 | Debunking myths of funding winter with Antler’s Jussi Salovaara | Paid Content PartnershipsStartupsTrends
Jonathan Chew · 1d ago · 7 min readDebunking myths of funding winter with Antler’s Jussi Salovaara
In partnership with
For those of us in the tech industry, it might seem like the sector is on the bri... |
| 28.07.2024 | The Evolution of TrackMania: From Nostalgia to Modern Modding | TrackMania is more than just a racing game; it’s a nostalgic journey through the evolution of gaming itself. Since its inception in 2003, it has captivated players with its unique approach to racing. Forget the flashy cars and sprawling cit... |
| 26.07.2024 | MPL’s Mayhem Studios receives undisclosed investment from Lumikai | The MPL (Mobile Premier League) has established Mayhem Studios, a mobile game development studio, with an undisclosed investment from Lumikai. Investors such as Peak XV Partners (formerly Sequoia India), Steadview Capital, Moore Strategic, ... |
| 23.07.2024 | Budget 2024: Startups get a boost as govt scraps angel tax | Finance Minister Nirmala Sitharaman on Tuesday proposed to abolish angel tax for investors in the Union Budget for 2024-25, addressing a long-pending demand from startups and their backers.
“To bolster the Indian startup eco-system, boost t... |
| 18.07.2024 | Peak XV-Backed Arta Finance Gets MAS License to Launch Wealth Platform | - |
| 09.07.2024 | BlackBuck DRHP: A Deeper Look Into The Logistics Unicorn’s Cap Table And C-Suite | SUMMARY
BlackBuck is backed by the likes of Accel India, Quickroutes, and Peak XV Partners
Accel India is the biggest shareholder of the startup, with 17.07% stake. Flipkart's subsidiary Quickroutes International holds 12.97% stake in the u... |
| 25.06.2024 | Omnichannel retailer Bluestone raised Rs 100 Cr debt from Neo Markets | Bluestone, an omnichannel retailer, has raised debt from Neo Markets totalling Rs 100 crore, or $12 million. For the Bengaluru-based business, this is its third debt investment of the year.
Based on its regulatory filings obtained from the ... |
| 13.06.2024 | Ethereal Machines Raises USD 13 Mn in Series A led by Peak XV and Steadview Capital With the raised funds, the Bengaluru-based startup aims to build a new smart factory in Bengaluru and hire AI and so... | Engineering hardware startup Ethereal Machines announced that it has raised USD 13 million in a Series A round led by Peak XV Partners and Steadview Capital. Existing investors Blume Ventures, Enam Investments, and Sandeep Singhal also part... |
| 08.06.2024 | Ixigo's Voyage to the Stock Market: A Journey of Growth and Opportunity | Le Travenues Technology Limited, the mastermind behind the popular travel booking platform Ixigo, is on the brink of a significant milestone as it prepares to make its debut on the stock exchanges on June 10th. The company has set the price... |
| 07.06.2024 | Ixigo floats Rs 176 Cr pre-IPO secondary placement | Le Travenues Technology Limited, which operates travel booking platform Ixigo, is all set to make its debut on stock exchanges on 10th June with the price band of Rs 88-93 per share.
The firm announced its pre-IPO secondary placement of Rs ... |
| 05.06.2024 | Ixigo Parent Le Travenues Announces IPO Opening Date and Details With holdings of 23.37 percent and 15.66 percent, respectively, SAIF Partners and Peak XV are the company's largest shareholders. | - |
| 31.05.2024 | Cloud kitchen brand Rebel Foods raised Rs 110 Cr Debt funding from Alteria, InnoVen | Rebel Foods, a cloud kitchen brand, has raised debt from Alteria and InnoVen Capital totalling Rs 110 crore ($13.2 million). Following its most recent equity round in 2021, EatSure’s parent company (formerly known as Faasos) is now on its f... |
| 24.05.2024 | New funding secured by UAE’s Huspy to develop SuperApp | With operations in Dubai, Abu Dhabi, and Madrid, Huspy is a property technology company based in the United Arab Emirates. The company recently announced that it has raised money in a funding round headed by Balderton Capital, with addition... |
| 23.05.2024 | Reliance’s Tira uses AI to enter growing Indian beauty market | Reliance Industries Ltd.’s new venture, Tira, is leaning on artificial intelligence tools that can suggest perfumes or cosmetics to woo customers and score over rivals in the burgeoning Indian beauty sector.
Tira, which was launched by bill... |
| 21.05.2024 | Housing provider Stanza Living raised $13 M Bridge funding from Alpha Wave | A bridge round led by Alpha Wave appears to have raised Rs 110 crore ($13 million) for managed housing provider Stanza Living. The Delhi-based startup has been waiting more than three years for this equity round.
According to Stanza Living’... |
| 15.05.2024 | Go Digit raises Rs 1,176 Cr from anchor investors | Go Digit General Insurance has offered Rs 1,176 crore ($141 million) worth of shares to anchor investors as part of its initial public offering.
The board at Go Digit General Insurance has passed a resolution to offer 4,32,57,009 equity sha... |
| 14.05.2024 | IPO-bound Indian insurtech firm Go Digit bags $141m | FintechInvestmentsNews
Elyssa Lopez · 16 May 2024 · 2 min readIPO-bound Indian insurtech firm Go Digit bags $141m
Go Digit chairman and founder Kamesh Goyal (left) with Fairfax Financial Holdings CEO Prem Watsa / Photo credit: Go Digit
Indi... |
| 10.05.2024 | Atlan's Ascendancy in the Data Governance Realm: A $105 Million Series C Funding Triumph | Atlan, a burgeoning data and AI governance startup, has recently clinched a monumental achievement in the form of a $105 million Series C funding round. Spearheaded by GIC and Meritech Capital, this funding infusion signifies a pivotal mome... |
| 08.05.2024 | Data & AI Governance Startup Atlan Raises $105M in Series C Funding Round | Emerging as a fast-growing force in data and AI governance, Atlan today announced a $105 million Series C funding round, led by GIC, Singapore’s sovereign wealth fund, along with co-investor Meritech Capital, early backers of disruptors lik... |
| 08.05.2024 | Emeritus Claims Top Spot on TIME Magazine's 'World's Top EdTech Companies of 2024' Ranking | Emeritus leads the way among edtech companies, standing out for its strong financial performance, global impact, and significant industry influence, as recognised by TIME Magazine
MUMBAI, India, May 8, 2024 /PRNewswire/ -- Emeritus, a globa... |
| 19.04.2024 | Fintech CRED secures in-principle approval for payment aggregator license | CRED has received the in-principle approval for payment aggregator license in a boost to the Indian fintech startup that could help it better serve its customers and launch new products and experiment with ideas faster.
The Bengaluru-headqu... |
| 09.04.2024 | Byju Raveendran's Fall from Grace: A Billionaire No More | Forbes Richest List 2024 revealed a shocking twist for Byju Raveendran, once a billionaire with a net worth of $2.1 billion, now reduced to zero. The edtech giant, Byju's, faced a series of crises leading to this downfall, including financi... |
| 04.04.2024 | Forbes list: Byju Raveendran no longer a billionaire, now has $0 net worth | Forbes Richest List 2024: A year ago, Byju Raveendran's net worth stood at Rs 17,545 crore ($2.1 billion), and he was prominently featured in various prestigious 'world's richest' lists. However, the recently released Forbes Billionaire Ind... |
| 01.04.2024 | Byju's delays salaries for 2nd month in a row amid rights issue dispute | Edtech major Byju’s is grappling with another setback as it faces delay in paying salaries to employees. The delay stems from funds raised through a recent rights issue, which have been locked in a ‘separate account’ due to the ongoing disp... |
| 14.03.2024 | Startups brace for funding surge in 2024, says report | ETtech
Scaled startups that raised large amounts in the boom period of 2020 and 2021 could come back to the market this year for new funding rounds, driving incremental growth for the venture capital investment activity in 2024 over 2023, a... |
