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5 mins read

A 'thaw in startup funding winter' as two unicorns emerge within a quarter

The year 2024 has been good for many startups, as deal activity is growing at a faster clip. While …

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Private equity and VC players make a killing as IPO rush yields them ₹10,000 crore

The great rush for initial public offerings (IPOs) has landed a bounty of massive proportions for e…

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10 mins read

PE and VC investors make a killing in the 2023 bull market

Indian stock markets have appreciated by over 7% in the last one year. The benchmark indices have a…

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1 min read

Zomato stock up after 10 crore shares worth ₹947 crore change hands

Around 10 crore shares of online food delivery platform Zomato, amounting to an 1.17 per cent of th…

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1 min read

Fintechs raised $5.65 bn in 2022, a 47% drop from 2021: Tracxn

Fintech startups in India raised $5.65 billion in 390 rounds last year, a massive drop of 47 per ce…

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3 mins read

Startup GoMechanic cooked books, co-founder admits to grave errors, 70% staff sacked

Automobile after-sales service startup GoMechanic co-founder Amit Bhasin on Wednesday admitted to e…

PTI   


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2 mins read

Fintech company Money View raises $75 million in Series E funding led by UK’s Apis Partners

Tiger Global, Winter Capital and Evolvence also participated in the Series E funding round that now…

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10 mins read

New Indian unicorns get rarer in 2022 as funding winter sets in

While 46 companies turned unicorns last year, according to Tracxn’s Geo Annual Report: India Tech 2…

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5 mins read

Tiger Global overtakes Sequoia as the top investor in Indian unicorns in 2021, cracks 15 deals this year so far

The Indian startup ecosystem is undoubtedly at its prime at the moment, with an undisrupted flo…

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2 mins read

Startup funding hits a 5-year low in July-September quarter

Indian startup funding hit a five-year low in the third quarter of the calendar year, says a report…

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2 mins read

Credit card payments company CRED launches peer-to-peer lending option for its 7.5 million users

These loans will be disbursed at a 12-13% interest rate annually. Of which upto 9% interest ra…

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2 mins read

Hedge fund giant Tiger Global has reportedly lost 52% this year as tech losses accelerated in May

"Our team remains maximally motivated to earn back recent losses," the hedge fund wrote in an inves…

Matthew Fox   


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1 min read

Rupifi bags $25 million from Tiger Global, others to boost buy now pay later offering

Despite the subdued economic activity, Rupifi managed to record 50 per cent (on-month) growth …

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2 mins read

Swiggy gets a $1.25 billion cheque from Softbank for the same reason Zomato went for an IPO

Swiggy has raised $1.25 billion in a funding round led by SoftBank Vision Fund II and Prosus, a we…

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2 mins read

Ola Electric has raised $100 million in debt to start producing its electric scooters soon

Ola Electric has raised $100 million of debt from the Bank of Baroda.

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2 mins read

Tiger Global shakes up portfolio after it loses $17 billion amid tech slump. These were some of its biggest changes in the first quarter.

The hedge fund giant trimmed its positions in various tech stocks while it added significant exposu…

Matthew Fox   


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3 mins read

Zomato IPO to open on July 14 ⁠with shares priced at ₹72-76 apiece

Zomato will be floating its IPO next week on July 14 and has set the offer price for these public …

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1 min read

Hedge fund Tiger Global has plunged to a $17 billion loss this year as its huge tech bets go sour

In four months, hedge fund Tiger Global has wiped out around two-thirds of its cumulative gains sin…

Harry Robertson   


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1 min read

Peyush Bansal and Girish Mathrubootham-backed inFeedo raises $12 million from Tiger Global, others

Employee experience platform inFeedo — which is used by companies like Samsung, TATA, Paytm and OYO…

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1 min read

Tiger Global-backed Gupshup acquires conversational AI platform Active.Ai

Leading conversational messaging platform Gupshup on Tuesday said it has acquired Active.Ai, a conv…