Startups News

25 Sep 2021, 07:00

We asked three spacetech entrepreneurs what it takes to enter the field and they listed out the opportunities

Several big names like Paytm’s Vijay Shekhar Sharma and Mahindra’s Anand Mahindra have been investing in the Indian spacetech seg...

24 Sep 2021, 12:12

Mumbai, Bangalore and London Named among World's top Startup Hubs

Mumbai maintains its top spot in Top 100 Emerging Ecosystems' list as Indian startups raise 12.1bn in first half of 2021. London and New York are top...

24 Sep 2021, 11:09

Vijay Shekhar Sharma gets nearly half of new shares as Paytm doubles its ESOP pool ahead of IPO

Paytm’s founder and chief executive officer Vijay Shekhar Sharma has been allocated additional stock options or ESOPs as well.

23 Sep 2021, 12:19

OYO may file for a $1 billion IPO next week

OYO is planning to raise somewhere between $1-1.2 billion with this public issue, as per media reports. The offer will consist of both fresh as well ...

22 Sep 2021, 09:30

Payments firm ZestMoney raises $50 million to test out insurance business

The Series C round was raised $50 million from Australia-based Zip Co that works in the same space. Zip Co will acquire a mi...

21 Sep 2021, 14:34

This neobank for India's small businesses just raised $31 million led by Sequoia Capital

FloBiz, focused on small and medium businesses in India, has raised $31 million in a Series B funding round, led by venture ...

21 Sep 2021, 10:51

Salesforce Ventures backs Indian payments giant RazorPay as it looks to expand further outside India

Razorpay is now looking to further expand its presence in Southeast Asian countries. Razorpay has raised $260 million in the...

20 Sep 2021, 13:03

Loss-making Cars24 is worth more than a profitable CarTrade ⁠— here’s why

Cars24 has raised a funding of $258.6 million from eight marquee investors of the startup ecosystem. It is reportedly valued...

20 Sep 2021, 12:02

Cars24 raises nearly half a billion dollars, doubles it valuation to $1.84 billion

CARS24, India's leading e-commerce platform for pre-owned vehicles, has closed a $450 million round of funding, including a $340 million Series F equity round alongside $110 million debt from diversified financial institutions.

17 Sep 2021, 18:36

From ecommerce to payments — here are the top funded business models of last one year

From ecommerce to payments — here are the top funded business models of last one year...

17 Sep 2021, 14:50

Powered by Unacademy and upGrad’s mega deals, Indian startups raised $10.8 billion in the last two months

A report by Tracxn says there were 256 deals in July and August 2021. Edtech startups cracked three of the top 10 deals in t...

17 Sep 2021, 09:45

Lenskart is setting aside $20 million for technologies like instant glasses, spectacles for the colourblind and other breakthrough ideas

The decade-old company — which set up a Lenskart Vision Fund earlier in June this year — plans to invest upto $2 million in eye technology startups over the next couple of years.

16 Sep 2021, 18:49

IPO-bound Pine Labs raises another $100 million

Payment solutions provider Pine Labs’ latest round was led by Invesco through its Invesco Developing Markets Fund. The company was valued at $3 billi...

16 Sep 2021, 17:54

Byju’s acquires yet another coding-for-kids startup, this time an American one

Byju’s emphasised that the acquisition of Tynker would help the company accelerate its market presence in the US. Tynker is ...

16 Sep 2021, 13:56

After selling their previous startup to Quikr, Zefo founders are building an OYO for hospitals

Ayu Health to help digitise private hospitals and manages their operations. It also offers technology for patient management...

16 Sep 2021, 09:13

Two-year-old Apna is among the fastest unicorns of India, despite making no revenue

Apna, a job platform for blue collar workers, has been valued at $1.1 billion merely two years after it started its operatio...

15 Sep 2021, 17:01

Esports startup Mobile Premier League is now valued at $2.3 billion

MPL raised an undisclosed amount in a Series E round led by Legatum Capital. The platform allows users to play mobile games for real money. The compa...