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Rapid-delivery startup Getir buys its rival Gorillas at a big discount as grocery apps continue to eat each other

Gorillas tried to raise further funds to operate on its own earlier this year but has since accepte…

Michael Cogley   


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1 min read

Binance's venture capital arm secures $500 million to invest in Web3 projects like DeFi, NFTs, and the metaverse

Binance Labs said it will use the cash to invest in areas like DeFi, NFTs, gaming, and the metavers…

Brian Evans   


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Binance co-founder Yi He to head its $7.5 billion VC arm

Binance, the world’s largest cryptocurrency exchange, said that its co-founder Yi He will now head …

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Kunal Shah’s CRED doubles its valuation to $4 billion in less than six months

London-based Marshall Wace and Steadfast Venture Capital also participated in this round, alon…

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Binance Labs announces $500 million fund to boost Blockchain technologies and Web3.0 startups

The fund is supported by leading global institutional investors such as DST Global Partners, Breyer…

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4 mins read

Former Goldman Sachs partners represent the powerful allies and formidable foes the bank has across the Street

Goldman Sachs has had its fair share of turnover among its partnership. And while some represent an…

Dan DeFrancesco   


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1 min read

Dream11's parent company is now valued at $8 billion, after raising $840 million

The round also saw participation from existing investors like TPG and Footpath Ventures, making …

PTI   


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It’s a busy 2020 for Byju’s – $545 million in funds so far, acquisitions and overseas expansion

DST Global, which was founded by Israeli-Russian billionaire Yuri Milner, gets a 1.2% stake in t…

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1 min read

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…

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CRED says that all its employees get stock options, expands pool to $500 million

This means that the employees at CRED will collectively hold up to 12.5% of this $4.01 billion b…

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1 min read

Kunal Shah's CRED raises $215 million to be India's latest unicorn with a valuation of $2.2 billion

New investor Falcon Edge Capital and existing investor Coatue Management led this round, while I…

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1 min read

Kunal Shah’s CRED raises $80 million — valuation doubles to $800 million for the just two-year old startup

With the Series C round of funding, the Kunal Shah-led startup’s value has almost doubled to $80…

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Indo-US S&T forum invites joint research proposals on COVID-19

As the world battles the COVID-19 pandemic, it is imperative that the science and tech community wo…

PTI   


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Pune-based technology develops ion generator that can curb virus load in infected areas

"The negative ion generator titled Scitech Airon, which helps to control the virus, bacteria, and f…

PTI   


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MS Dhoni-backed Khatabook adds to its line-up of star investors ⁠— Sequoia and Tencent get more stake in India's largest small business app

Indian fintech startup Khatabook has raised $60 million in a series B round of funding led by globa…

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Apple, Amazon, and and Google hike their developer and ad client fees to pass on the costs of paying new digital taxes in Europe

Apple, Google, and Amazon have all started passing along the costs from local digital services taxe…

Isobel Asher Hamilton   


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1 min read

Khatabook acquires SaaS business management app Biz Analyst for $10 million

Indian digital ledger startup Khatabook has acquired SaaS (software-as-a-service) business manageme…

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Greg Hyttenrauch named Cognizant EVP, President of Digital Systems & Technology

New Delhi, Dec 4 () IT firm Cognizant has appointed Greg Hyttenrauch as its Executive Vice Presiden…

PTI   


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Clubhouse is being valued at $4 billion in new fundraising round led by Andreessen Horowitz, reports say

New investors Tiger Global and DST Global have joined a funding round for the audio platform Clubho…

Kevin Shalvey