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Moneyball

In a strategic shift, Zepto is also planning to relocate its headquarters from Mumbai to Bengaluru by November
Updated : Aug 30, 2024

Quick commerce unicorn Zepto raises $340 million in follow-on round, valuation jumps to $5 billion

The new funding round was led by General Catalyst, with new investors Dragon Fund and Epiq Capital joining the table.

Byju’s promoters have been accused of creating a communication blockade with investors
Updated : Oct 12, 2023

Byju’s forms working group with Prosus, Peak XV, and others for asset sale coordination

Sources say it will have regular interactions, where the promoters will keep the group informed about corporate level developments 

Zerodha’s Nikhil Kamath launches 'WTF Fund' for entrepreneurs under 22; check details
Updated : Oct 11, 2023

Zerodha’s Nikhil Kamath launches 'WTF Fund' for entrepreneurs under 22; check details

The decision to launch the new fund was made during the latest episode of Kamath’s podcast ‘WTF is with Nikhil Kamath’

Oyo in talks with Apollo to refinance $660-mn loan after delayed IPO: Report
Updated : Oct 5, 2023

Oyo in talks with Apollo to refinance $660-mn loan after delayed IPO: Report

The hotel aggregator is seeking to extend the maturity of the loan to five years, compared with an existing 2026 deadline, said a report

CRED’s total income for FY23 jumps 3.5x to Rs 1,484 crore
Updated : Oct 5, 2023

CRED’s total income for FY23 jumps 3.5x to Rs 1,484 crore

Growth seen across revenue, scale, and engagement metrics as the breadth of products created platform advantages, says CRED

Preqin report pegs dry powder at $15.6 billion in 2022, up from $11.1 billion at the end of 2021
Updated : Sep 21, 2023

India-focused PE/VC funds raise record $8.5bn in 2022 despite sharp decline in deals

Preqin report pegs dry powder at $15.6 billion in 2022, up from $11.1 billion at the end of 2021

The oversubscribed fund saw investments from several LPs
Updated : Sep 14, 2023

Kae Capital closes Rs 410 crore winners fund to back previous portfolio standouts

Says this will provide investors exclusive access to companies from previous funds that are leaders in their respective markets, thus allowing co-investment with growth-stage funds in Series B, C and D rounds

Pee Safe, a women’s hygiene and wellness brand owned by Redcliffe Hygiene, has partially closed its Series B round and has received $3 million out of the total round size of $6 million
Updated : Sep 12, 2023

Kamaths’ Rainmatter and Natco Pharma invests in women hygiene brand

Pee Safe, a women’s hygiene and wellness brand owned by Redcliffe Hygiene, has partially closed its Series B round and has received $3 million out of the total round size of $6 million

Company says entire amount reinvested in business to scale it
Updated : Jul 4, 2023

Byju’s promoters rake in over $400 mn in secondary share sale since 2015

Company says entire amount reinvested in business to scale it

The Bengaluru-based company said at the time that the new capital would be used to expand its product
Updated : Jun 19, 2023

How Mojocare unravelled after $20 million Series A funding round

Sources say the start-up’s founders were toying with many ideas after the fundraise and had delegated a lot of the work, which created confusion within the company

In addition, the company is getting ready for a significant upgrade to its Smart Plans, world’s first-ever AI-enabled diet and fitness plan that contributes to half of the company's current paying subscribers
Updated : Jun 7, 2023

HealthifyMe raises $30 million to accelerate its AI capabilities and global expansion

HealthifyMe is all set to augment the capabilities of 'Ria,' its AI-powered virtual nutritionist, by infusing it with generative AI.

Firms secured 3x more funding in 2022 than in 2019, demonstrating a CAGR of 47 per cent
Updated : Jun 7, 2023

Funding slowdown for Indian SaaS start-ups bottomed out, gradual recovery in process: Report

Firms secured 3x more funding in 2022 than in 2019, demonstrating a CAGR of 47 per cent

WickedGud, a D2C brand making healthy food and snack alternatives, appeared on Shark Tank season 2 and just last month raised Rs 2.25 crore from Shetty
Updated : Jun 7, 2023

Shilpa Shetty-backed start-up WickedGud raises another round of funding

WickedGud, a D2C brand making healthy food and snack alternatives, appeared on Shark Tank season 2 and just last month raised Rs 2.25 crore from Shetty

A large number of YC Indian portfolio firms have some level of exposure at SVB which was also the default banking partner for many Delaware-incorporated tech businesses, Business Today reported earlier.
Updated : Mar 21, 2023

‘Late-stage funding turned out to be very different’: Y Combinator to scale down funding, lay off 17 people

These developments have come against the backdrop of the Silicon Valley Bank (SVB) crisis which started to unravel last week.

Fintech funding jumps 144% to $637 million in January led by large rounds in PhonePe, KreditBee
Updated : Mar 21, 2023

Fintech funding jumps 144% to $637 million in January led by large rounds in PhonePe, KreditBee

Fintech is back to being the most funded start-up sector in India, after a brief retreat to the second spot. Energy tech, meanwhile, recorded the sharpest growth in funding last month.

Mensa Brands raises Rs 300 crore in a debt round to fund new acquisitions
Updated : Mar 21, 2023

Mensa Brands raises Rs 300 crore in a debt round to fund new acquisitions

E-commerce aggregator platform Mensa Brands has picked up a large debt round from TradeCred as it looks for growth and expansion across tech, supply chain, and brand buys.

Prior to this, Bengaluru-based Turno had raised $3.1 million in a seed round led by Stellaris Venture Partners and Avaana Capital in June 2022
Updated : Mar 21, 2023

Commercial EV start-up Turno raises $13.8 mn from B Capital, Quona Capital, others

Prior to this, Bengaluru-based Turno had raised $3.1 million in a seed round led by Stellaris Venture Partners and Avaana Capital in June 2022

SIDBI enters venture debt market, makes 4 ‘small’ investments
Updated : Mar 21, 2023

SIDBI enters venture debt market, makes 4 ‘small’ investments

In the last two years, venture debt has emerged as a strong asset class in India, with $800 million worth of debt capital raised in 2022. SIDBI is the latest to foray into the segment.

AIFs can grow 4-5x to become as big as mutual funds industry, say fund managers
Updated : Aug 24, 2023

AIFs can grow 4-5x to become as big as mutual funds industry, say fund managers

Unlike a decade ago, when offshore investors were funding India’s AIFs, the expanding pool of domestic investors is helping them grow today. Experts reckon AIFs can be as big as the Rs 40-lakh crore MF industry in a few years.

Private market investors continue to show faith in the India growth story, especially seen in the rise of venture debt
Updated : Mar 21, 2023

PE/VC investors are still bullish about the 'India story'; here's why

Private market investors continue to show faith in the India growth story, especially seen in the rise of venture debt

A report by Tracxn estimates that women-funded start-ups now account for 18 per cent of all funded companies in India.
Updated : Mar 21, 2023

Women founders raised $4.3 Bn in 2022; more needs to be done to correct the historical gender gap, say VCs

India has 2,200+ funded women-led startups. Investments in such companies have grown 91 per cent since 2010. But venture capitalists believe women founders still have a long way to go when it comes to raising big cheques at large valuations.