Date | Title | Description |
25.06.2025 | MyGate Elevates Rohit Jindal To Cofounder | SUMMARY
Cofounder Abhishek Kumar announced the promotion in a LinkedIn post.
Prior to joining Mygate, he held leadership positions at Practo, HSBC, and Citibank India
He served as a business leader at Practo between 2015 and 2017, sales lea... |
07.03.2025 | Prime Venture Partners Launches $100 Million Fund V: A New Chapter for Early-Stage Startups | In the bustling world of venture capital, Prime Venture Partners has made a significant move. The firm recently announced the launch of its fifth fund, boasting a hefty $100 million. This fund is not just a number; it represents a commitmen... |
06.03.2025 | Prime Venture Partners Closes USD 100 Mn Fifth Fund to Back Early-Stage Startups The fund will focus on 16-18 startups, with initial investments ranging between USD 2.5 million and USD 3 million, whil... | Venture capital firm Prime Venture Partners has successfully closed its fifth fund at USD 100 million, reinforcing its commitment to backing early-stage startups across fintech, artificial intelligence (AI), and Software-as-a-Service (SaaS)... |
05.03.2025 | Prime Venture Partners announces $100 million Fund V for early-stage startups | Prime Venture Partners, which has backed companies such as Quizizz, PlanetSpark, MyGate, and others, announced the launch of its Fund V with a corpus of $100 million.
With over 80 per cent of the fund already committed by institutional inve... |
27.01.2025 | MyGate to double revenue in FY25, but sees 30-50% growth in next few years | - |
16.10.2024 | Everstage's $30 Million Leap: A New Era for Sales Performance Management | In the bustling world of SaaS, Everstage has made waves. The Chennai and Delaware-based startup recently secured $30 million in a Series B funding round led by Eight Roads Ventures. This infusion of capital brings its total funding to $45 m... |
16.10.2024 | SaaS startup Everstage raises $30 Mn led by Eight Roads Ventures | Everstage, a sales performance management software provider for enterprises, has raised $30 million in a Series-B funding round led by Eight Roads Ventures, with participation from existing investors Elevation Capital and 3one4 Capital.
Thi... |
07.10.2024 | Whatfix rolls out $58 Mn liquidity event for employees and investors | Whatfix, a digital adoption platform (DAP), has introduced a $58 million liquidity program for its employees and investors. This marks the company’s fourth buyback of employee stock options (ESOPs).
The Bengaluru-based company stated that e... |
25.07.2024 | The Shifting Sands of Healthcare and Employment: A Tale of Innovation and Protectionism**
** | ** In the rapidly evolving landscape of healthcare and employment, two recent developments in India highlight the contrasting paths of innovation and protectionism. On one side, ACKO, a digital insurance provider, is making waves by acquiri... |
25.07.2024 | The Rising Tide of ESOP Buybacks in India's Startup Ecosystem**
** | ** In the bustling world of Indian startups, a new trend is emerging: employee stock ownership plan (ESOP) buybacks. This financial maneuver is reshaping the landscape for employees and investors alike. Recently, Adda247, a Google-backed ed... |
24.07.2024 | ESOP buyback announced by Adda247 for over 130 employees | The first-ever employee stock ownership plan (ESOP) buyback for more than 130 employees in a variety of roles and functions has been announced by Google-backed edtech company Adda247.
For an undisclosed sum, the edtech company recently purc... |
24.07.2024 | Insurtech Platform ACKO Acquires OneCare to Revolutionise Chronic Care Management By acquiring OneCare, ACKO seeks to enhance its customer experience with cutting-edge clinical care, aligning with its... | Digital insurance provider ACKO announced that it has acquired the digital chronic care management company OneCare in an undisclosed all-cash transaction.
The acquisition is a strategic move to re-emphasise ACKO's broader vision of being a ... |
15.07.2024 | Swiggy launched $65 M ESOP liquidity program prior to its IPO | A $65 million ESOPs liquidity program has been announced by Swiggy. Since 2018, Swiggy has had five ESOP liquidity events. All of its employees, regardless of rank or function, will be able to obtain secondary liquidity for their ESOPs.
Aft... |
15.07.2024 | Ahead of IPO, Swiggy rolls out ESOP liquidity program worth $65 Mn | Food delivery and quick commerce decacorn Swiggy has announced an ESOPs liquidity programme worth $65 million. This marks its fifth ESOP liquidity event at Swiggy since 2018. Its staff across levels and functions will have the option to rec... |
15.06.2024 | MyGate’s Operating Revenue Jumps 35% To INR 96.2 Cr In FY24; Cost Optimisation Continues | SUMMARY
The startup earned INR 85.4 Cr as enterprise revenue, which increased 35.1% YoY, while revenue from consumer services stood at INR 10.9 Cr in FY24
MyGate claimed to have reduced its cash burn by 85% during FY24, with zero cash burn ... |
11.06.2024 | MyGate Founder Vijay Arisetty Joins Aurm As CEO & Founder | SUMMARY
MyGate founder Vijay Arisetty has transitioned from his erstwhile advisor role to the role of CEO and founder at Aurm
Aurm, which counts former Flatheads founder Ganesh Balakrishnan as its founder, plans to partner with banks to off... |
11.06.2024 | JK Tyre, EKA Mobility tie-up to provide mobility solutions
New Holland launches indigenously produced 100+HP TREM-IV tractor
Vijay Arisetty joins Aurm as CEO
Abilities India to boost revenue with pate... | ECONOMY & POLICY JK Tyre, EKA Mobility tie-up to provide mobility solutions
11 Jun 2024 4 Min Read CW Team
JK Tyre & Industries has joined forces with EKA Mobility, a leading player in the electric mobility sector with Mitsui (Japan... |
07.06.2024 | Second ESOP buyback announced by Leverage Edu | The company Leverage.biz, which also owns Fly.Finance, Fly Homes, and the study abroad platform Leverage Edu, has declared the completion of its second ESOP buyback exercise.
The company’s more than fifty workers in various departments bene... |
09.04.2024 | Maruti Suzuki Expands Manesar Plant's Capacity, Air India Addresses Uniform Issues, Indian Tech Startups See Decline in Layoffs | Maruti Suzuki India has boosted the production capacity of its Manesar facility by 100,000 units per annum, aiming to double its capacity to 4 million vehicles per annum in the next 7-8 years. The expansion includes a new vehicle assembly l... |
09.04.2024 | Layoffs by Indian tech startups dip 60% in Jan-March this year, says report | Indian technology startups laid off more than 2,000 workers in the first quarter of the calendar year, but that’s 60 per cent less compared to the same period last year, according to a tracking website.
The layoffs declined occurred at a ti... |
03.04.2024 | Top-Level Reshuffle At MyGate, Cofounder Abhishek Kumar Elevated To CEO | SUMMARY
Incumbent CEO and cofounder Vijay Arisetty has now been promoted as the chairman of the company’s board
While cofounder and CTO Shreyans Daga has been entrusted with additional responsibilities across product and technology, Rohit J... |
01.04.2024 | Pocket FM completes its $8.3 M first ESOP buyback | The $8.3 million first ESOP buyback has been completed, according to audio series platform Pocket FM. The stock buyback follows the Bengaluru-based company’s announcement of $103 million in Series D funding.
According to a press release fro... |
30.12.2020 | High-Stakes: Prime Venture Partners | High-Stakes is a unique series that focuses on dissecting the investments of venture capital and private equity firms to gain insights about the portfolio of companies they’ve invested in, exit strategies, industries they focus on, qualitie... |
17.10.2019 | Indian security startup MyGate bags USD 56 million from Tencent, Tiger Global, others | India-based startup MyGate has raised USD 56 million in a series B round from Tencent Holdings, JS Capital, and Tiger Global Management.
Bangalore-based seed fund Prime Venture Partners, an existing investor in MyGate, also participated in ... |
17.10.2019 | Security management app MyGate raises $56m from Tencent, Tiger Global, others | Premium
The makers of MyGate, a security management app for gated communities, Thursday announced raising $56 million in a Series B funding from China’s Tencent Holdings, US-based JS Capital LLC, Tiger Global Management and existing investo... |
16.10.2019 | MyGate raises $56M to bring its security management service to more gated communities in India | MyGate, a Bangalore-based startup that offers security management and convenience service for guard-gated premises, said today it has bagged more than $50 million in a new financing round as it looks to expand its footprint in the nation.
C... |
16.10.2018 | India: myGate raises $8.8m Series A round led by Prime Ventures | Premium
myGate, which offers mobile-based security solutions for gated communities, has raised Rs 65 crore ($8.8 million) in Series A round of funding led by existing investor Prime Ventures Partners.
Continue reading this story with a subs... |
16.10.2018 | Prime Venture leads ₹65 crore funding round in myGate | MyGate plans to start operations across 10 cities, including Mumbai and Delhi. It currently operates in Bengaluru, Hyderabad and Pune, providing services to about 1,000 gated communities. Photo: iStock Prime Venture leads ₹65 crore funding ... |
18.01.2018 | Residential security tech provider myGate raises $2.5m from Prime Ventures | Mobile-based security management startup myGate raised its first round of funding, to the tune of USD 2.5 million or Rs 16 crore, led by Prime Venture Partners, this week.
The Bangalore-based company, which is only targeting residential gat... |
- | Mobile-based Security Management Solution myGate Raises $2.5 Mn In Funding From Prime Venture Partners | Mobile-based security management solution for gated premises myGate has raised about $2.5 Mn ( INR 16 Cr) in its first round of funding, led by Prime Venture Partners. The company will use the funds to invest in technology and scale to 2 Mn... |
- | MyGate Raises $56 Mn Series B Funding From Tiger Global, Tencent And Others | Bengaluru-based security management app for gated communities, MyGate, on Thursday, announced that it has raised $56 Mn Series B funding from marquee investors, including US-based Tiger Global Management. Other investors who participated in... |
- | Eyeing 10x Growth By 2019, myGate Raises $8.7 Mn In Series A | Bengaluru-based myGate, a mobile-based security management solution for gated premises, has raised Series A funds of $8.7 Mn (INR 65 Cr). The round was led by existing investor Prime Venture Partners, who earlier invested $2.5 Mn in the com... |