Date | Title | Description |
21.10.2024 | Titan Capital Winners Fund announces final close at Rs 333 Cr
Recommended Stories For You | Titan Capital recently announced the final close of its Rs 333 crore Winners Fund. The fund, previously raised Rs 200 crore in August 2024, announced the final close after accommodating the over-subscription through its green shoe option.
T... |
18.10.2024 | Exclusive: OfBusiness Undertakes INR 100 Cr ESOP Liquidation Programme | SUMMARY
The startup’s ESOP liquidation programme has benefitted a little over 100 employees
As of now the last tranche of the exercise is being carried out, which will be concluded by the end of the next week
Inc42 has learnt in 2021 and 20... |
10.10.2024 | Z47 Looks To Offload Stake In Four Indian Unicorns | SUMMARY
Matrix Partners aka Z47 partially exited Ola Electric during the company’s IPO in August this year with a 9.2X return on its investment
The firm is looking to offload stakes in companies such as Ola, OfBusiness, Razorpay, and DailyH... |
30.09.2024 | Titan Capital launches Indicorns index showcasing profitable startups | Titan Capital has launched Indicorns, a new index that highlights profitable startups with over Rs 100 crore in revenue. This initiative underscores the rising trend of self-sustaining businesses in India, demonstrating that startups can ac... |
21.09.2024 | Construction goods and services platform Infra.Market raised $27 M equity and debt Series E2 funding | In its Series E2 funding round, construction goods and services platform Infra.Market is hoping to raise up to Rs 150 crore, or roughly $18 million. Three months had passed since the $50 million from the Mars Fund was announced, when the ne... |
28.08.2024 | Titan Capital's New Fund: A Bold Bet on the Future of Startups | In the fast-paced world of venture capital, timing is everything. Titan Capital, co-founded by Rohit Bansal and Kunal Bahl, has just made a significant move. They’ve raised their target corpus to Rs 200 crore for the Titan Capital Winners F... |
24.08.2024 | Rs 200 Cr target corpus raised by Titan Capital Winners Fund | The Titan Capital Winners Fund, supported by Rohit Bansal and Kunal Bahl, co-founders of Snapdeal, has increased its target corpus to Rs 200 crore because they will serve as the fund’s primary investors.
The fund’s only investments will com... |
21.08.2024 | Kunal Bahl, Rohit Bansal Backed Titan Capital Winners Fund Raises INR 200 Cr | SUMMARY
Snapdeal cofounders Bahl and Bansal will anchor the fund as its largest investors and continue supporting entrepreneurs in follow-on rounds as they build their ventures
Titan Capital Winners Fund is backed by LPs including prominent... |
21.08.2024 | Snapdeal founders' VC firm Titan Capital raises $24 mn for Winners Fund | (L) Kunal Bahl and (R) Rohit Bansal, Titan Capital
Snapdeal founders Kunal Bahl and Rohit Bansal’s venture capital firm Titan Capital, has raised Rs 200 crore (around $23.8 million) for its Winners Fund floated earlier this year.
Registered... |
21.08.2024 | Titan Capital Winners Fund Secures INR 200 Cr with Snapdeal Founders as Anchor Investors The Fund will invest exclusively in follow-on rounds of breakout companies from its seed portfolio, utilising h... | Titan Capital Winners Fund, spearheaded by Snapdeal co-founders Kunal Bahl and Rohit Bansal, announced that it has raised its targeted corpus of INR 200 crore. The duo is anchoring the fund as its largest investor, underscoring their commit... |
21.08.2024 | Kunal Bahl, Rohit Bansal-backed Titan Capital Winners Fund hits Rs 200 Cr target
Recommended Stories For You | Titan Capital Winners Fund, backed by Snapdeal Co-founders Kunal Bahl and Rohit Bansal, has raised its target corpus of Rs 200 crore.
The duo will anchor the SEBI-registered Category-II Alternative Investment Fund (AIF) as its largest inves... |
21.08.2024 | Titan Capital Winners Fund raises target corpus of Rs 200 Cr | Titan Capital Winners Fund, which is backed by Snapdeal co-founders Kunal Bahl and Rohit Bansal, has raised its target corpus of Rs 200 crore as the duo will anchor this fund as its largest investors.
The fund will invest exclusively in fol... |
02.08.2024 | The Rise of GenAI: Transforming Startups and Industries in India | In the bustling world of technology, a new wave is crashing ashore. Generative AI, or GenAI, is not just a buzzword; it’s a force reshaping the landscape of startups and industries. The recent Tech Horizon event in Delhi, organized by Inc42... |
02.08.2024 | 30+ Tech Leaders Convene To Share Insights On How GenAI Is Reshaping Startups & Industries | SUMMARY
The second edition of The Tech Horizon, organised by Inc42 and Google Cloud, showcased GenAI’s growth & impact on the Indian startup ecosystem
The country is now home to 100+ native GenAI startups, with more than $600 Mn of fund... |
14.07.2024 | Infra.Market: Building a Strong Foundation with Debt Financing | Infra.Market, a B2B e-commerce platform, recently secured a hefty sum of ₹150 crore in debt financing from various investors. This Mumbai-based startup, founded in 2016 by Souvik Sengupta and Aaditya Sharda, specializes in selling construct... |
13.07.2024 | Infra.Market raises ₹150 crore debt | B2B e-commerce platform Infra.Market has secured ₹150 crore in debt financing from multiple investors. The round saw participation from digital lending unicorn Yubi (formerly CredAvenue), agriculture financing platform Samunnati, Vivriti Ca... |
09.07.2024 | OfBusiness FY24: Profit Surges Over 30% To Cross INR 600 Cr Mark | SUMMARY
The B2B marketplace’s net profit jumped to INR 603 Cr in FY24 from INR 463.2 Cr in the previous year
OfBusiness’ operating revenue surged over 25% to INR 19,296.3 Cr from INR 15,342.6 Cr in FY23
The startup’s fintech arm Oxyzo saw i... |
07.06.2024 | The AI Connect: Founders & Tech Leaders Get Together In Delhi To Decode The Future Of AI In India | SUMMARY
Hosted by Inc42 and Microsoft, The AI Connect brought together 20+ startup founders and tech leaders from different sectors to discuss ways of building responsible AI solutions
The event also featured discussions with speakers such ... |
24.05.2024 | The CTO Dinner: Inc42 & Snowflake Bring Together 50+ Leading Tech Minds In Delhi & Bengaluru | SUMMARY
Inc42 and Snowflake collaborated to curate an exclusive two-part CTO Dinner series in Delhi and Bengaluru
Notable tech figures from startups such as KreditBee, Pristyn Care, Dukaan, OfBusiness and more attended the events
The attend... |
22.05.2024 | Ola backer Matrix Partners sees partner-level exit | Premium
Credit: 123RF.com
A partner-level executive is leaving venture capital firm Matrix Partners India, which is one of the most active investors in homegrown startups, two people aware of the development told VCCircle. Matrix Partners, ... |
30.04.2024 | India in no 1 spot in terms of interest & capital: Niren Shah, MD & Head, Norwest India | Emphasising that the local arm of Norwest Venture Partners invested in India since 2005, Niren Shah, MD & Head of Norwest India, lays out how the fund will deploy $3 billion it has committed to the country. Edited excerpts:
Q
This tranc... |
25.04.2024 | Norwest Closes 17th Fund At $3 Bn, India Continues To Be A Focus Market | SUMMARY
Called NVP 17, the multi-stage fund will invest in startups across sectors such as enterprise tech, consumer and healthcare in three focus markets – India, Israel, and the US
Norwest Venture Partners also said it recently elevated N... |
03.04.2024 | Indian startups’ income from VC cash lying in bank deposits, mutual funds jumps again | India’s top technology startups generated high non-operating revenue for the second year in a row during the 12 months through March 2023, albeit at a slower pace than before, according to a VCCircle study.
The study, which captured the fin... |
07.07.2023 | Visa Acquired Pismo For $1 Billion, Highlighting Fintech Renaissance In Emerging Markets | Innovation has globalized. The best ideas come from anywhere and scale everywhere. getty |
04.04.2022 | Meet the Fintechs in Financial Times’ Top 500 High-Growth APAC Companies | The Financial Times (FT) has released its fourth annual ranking of growth champions in Asia-Pacific (APAC), recognizing the region’s fastest growing companies.
The FT ranking, compiled with data partner Statista, aims to identify the APAC c... |
19.12.2021 | India’s OfBusiness valued at $5 billion in $325 million funding | OfBusiness, a New Delhi-headquartered startup that sells industrial goods and provides small businesses with credit, has secured its fourth financing round this year and is now valued at about $5 billion.
Alpha Wave Global, Tiger Global, an... |
22.10.2021 | India’s OfBusiness in talks to raise new funds at over $4.5 billion valuation | OfBusiness, an e-commerce startup that sells industrial goods and provides small businesses with credit, is in talks to raise a new round of funding at a valuation of over $4.5 billion, three sources familiar with those talks told me.
If th... |
30.09.2021 | Tiger Global backs India’s OfBusiness at $3 billion valuation | OfBusiness, a commerce startup that sells industrial goods and provides small businesses with credit, has doubled its valuation in less than two months to $3 billion, a top executive told TechCrunch.
Tiger Global led the six-year-old startu... |
11.03.2021 | High-Stakes: Matrix Partners India | 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, industries they focus on, and their investment proc... |
20.08.2018 | OfBusiness Raises INR 200 Crore in Series C Financing | OfBusiness, a Gurgaon, India – based technology enabled SME financing platform, raised INR 200 crore (approx $29m) in Series C financing.
The round was led by Creation Investments and Falcon Edge with participation from existing investors M... |
27.10.2017 | SME-focused OfBusiness gets Rs 25 Cr in debt from Kotak Mahindra Bank | Gurugram-based OfBusiness, an SME financing, and product fulfillment platform has secured Rs 25 crore in debt funding from Kotak Mahindra Bank.
This debt is in addition to the existing Rs 50 crore working capital committed by the bank takin... |
- | Funding Galore: Startup Fundings Of The Week [12 December – 17 December] | Online food ordering marketplace Foodpanda is being acquired by Berlin-based online food takeaway service Delivery Hero, one of Europe’s biggest startups. Delivery Hero and Foodpanda are both backed by German ecommerce firm Rocket Internet,... |
- | B2B Marketplace OfBusiness Enters Unicorn Club | B2B commerce marketplace — OfBusiness — is the new entrant to the celebrated unicorn club of the Indian startup ecosystem. The Gurugram-based startup received fresh funding worth $160 Mn led by Japan’s SoftBank Vision Fund-II. The round val... |