02 Sep 2020
Ed-tech start-up Unacademy raises $150 million, joins elite unicorn club
Bengaluru-based ed-tech start-up Unacademy has joined the elite unicorn club of India.
22 Jul 2020
NewsBytes Briefing: Snap's revenue grows; Moderna's vaccine won't be cheap
The big story in the technology world is: Snap reported its earnings for Q2 2020 with notable gains - 9 million new users and 17% YoY growth in revenue.
02 Feb 2020
Tencent leads $15 million Series A funding in Doubtnut
Gurugram-based Doubtnut, an ed-tech start-up which provides interactive video solutions to students' queries via its mobile application, website, YouTube and WhatsApp channels, has raised $15 million in a Series A round of funding led by Chinese conglomerate Tencent.
23 Jan 2020
Bike rental start-up Bounce raises $105 million Series D funding
Bounce (formerly known as Metro Bikes), a Bengaluru-based start-up that provides last-mile connectivity solutions, has raised $105 million in a Series D round of funding.
22 Jan 2020
Park+ raises $11 million from Sequoia Capital, Matrix Partners
Park+, a Delhi-based start-up that provides smart parking solutions through its mobile application, has raised $11 million in funding.
25 Dec 2019
Pay back time: OYO is making its early-stage investors rich
The general partners (GPs) at Lightspeed Venture Partners and Sequoia Capital have raked a huge payout from India's leading hotel chain OYO Hotels & Homes.
27 Nov 2019
Logistics start-up BlackBuck raises Rs. 56 crore from Trifecta
BlackBuck, a Bengaluru-based logistics start-up, has raised Rs. 56 crore (approximately $7.83 million) in debt and equity round from venture debt firm, Trifecta Capital.
16 Nov 2019
Social commerce start-up SimSim raises Rs. 43.39 crore: Details here
SimSim, a Delhi-based social commerce start-up which sells grooming products, has raised Rs. 43.39 crore ($6 million) in Series A round of funding.
14 Nov 2019
SaaS unicorn Freshworks raises $150 million, crosses $3.5 billion valuation
SaaS unicorn Freshworks, which provides an integrated suite of cloud-based business/customer engagement tools, has raised $150 million in a Series H round of funding.
17 Oct 2019
Cars24 raises $100 million in Series D round: Details here
Cars24, the Gurugram-based company that claims to offer an easy and hassle-free experience of buying/selling used cars, has raised $100 million from a bunch of existing and new investors in a Series D round.
07 Oct 2019
OYO raising $1.5 billion from founder Ritesh Agarwal, SoftBank, others
In a major development, India's second most valuable start-up, OYO Hotels & Homes, has confirmed its plan to raise $1.5 billion in fresh funding.
02 Apr 2019
Rajan Anandan quits Google India, will join Sequoia Capital
In a major development, Rajan Anandan, the Vice President of Google India and South East Asia, has put down his papers.
26 Nov 2018
FreeCharge founder Kunal Shah has founded a new start-up, Cred
FreeCharge founder Kunal Shah has launched a new start-up called Cred, which is a financial services platform targeting individuals who have high credit worthiness.
25 Sep 2018
OYO Rooms raises $1bn, enters unicorn club
Budget hotel chain OYO Rooms has entered India's unicorn club, having raised a whopping $800mn in a round led by Japan's Softbank Vision Fund.
13 Jun 2018
Micro-delivery start-up Daily Ninja secures $3mn in fresh funding round
Micro-delivery start-up DailyNinja has raised $3 million in a fresh round of funding from Saama Capital and existing investor Sequoia Capital.
02 Apr 2018
Telegram raises $1.7 billion from two pre-ICO sales
Secure messaging app Telegram has raised a total of $1.7 billion from two pre-sales prior to an Initial Coin Offering (ICO) for creating its own Blockchain platform "Telegram Open Network" (TON) and native cryptocurrency "Gram."
01 Mar 2018
Urban Ladder raises Rs. 78.2cr from Kalaari Capital and others
Bengaluru-based home-furnishing company Urban Ladder has raised $12mn in an internal funding round from Kalaari Capital, Saif Partners, Sequoia Capital, and Steadview Capital.
24 Feb 2018
Dropbox files for IPO, to raise $500 million
File syncing service Dropbox has filed for an initial public offering (IPO).
01 Jul 2017
SpaceX Competition? Tucson-based start-up to make cheaper rockets
Making small, cheaper rockets has always been a priority for the players of the competitive space launch market.
15 May 2017
UberEATS and Zomato bid to acquire Runnr
According to reports, UberEATS and Zomato are separately trying to acquire Runnr, the last-mile delivery service provider.
09 May 2017
MobiKwik may get $100 million funding from BlackRock and others
MobiKwik, which competes with firms such as Paytm and FreeCharge in digital payments space, is now going to get a big boost in its endeavors.
26 Apr 2017
Awfis Space Solutions gets $20 million from Sequoia Capital
A very brief definition of Awfis can probably be that it is a start-up that provides work-spaces for start-ups.
29 Mar 2017
Verlinvest invests $30mn in education tech start-up Byju
Byju's, one of the few education technology start-ups that have scaled majorly in the last 1.5 years, has raised $30mn from Brussels-based Verlinvest.
18 Feb 2017
Investors pump in Rs 102 crore in Urban Ladder
The Bengaluru-based online furniture store Urban ladder has raised about Rs 102 crore in a Series E round from existing and new investors.
26 Dec 2016
Glu Mobile acquires QuizUp
Glu Mobile, the developers of celebrity-themed games like Kim Kardashian: Hollywood and Nicki Minaj: The Empire, acquired Plain Vanilla Corp., the creators of the extremely popular quiz app QuizUp, for $7.5 million.
22 Dec 2016
Top venture capital firms and their successful strategies
With the end of the year nearing, the top three biggest venture capital funds in India have scripted big numbers this year, reports find.
12 Oct 2016
Craft beer scripting a growth story in India
Multitudes of private equity investors have taken an interest in India's increasing list of microbreweries.
05 Oct 2016
Dhiraj Rajaram new CEO of MuSigma
MuSigma founder Dhiraj Rajaram bought back shares held by his former wife Ambiga Subramanian and took over as the company's new CEO.
21 Sep 2016
Mu Sigma's Dhiraj Rajaram looks to gain controlling stake
Mu Sigma's founder Dhiraj Rajaram, is looking to acquire controlling stake in the company.
14 Sep 2016
Sequoia Capital to sell stakes in firms worth $200 million
According to sources, American venture capital firm, Sequoia Capital, is planning to sell $200 million worth of stakes in eight Indian "non-tech companies" via secondary transactions.
09 Sep 2016
Byju's raises $50 million from Chan Zuckerberg Foundation, Sequoia, others
Indian education company Byju's, run by Think and Learn Pvt Ltd, said it raised a whopping $50 million from existing investors and the Chan Zuckerberg Initiative.
03 Aug 2016
HealthKart raises over Rs.80 crore from Sequoia, Kae Capital
HealthKart reportedly raised Rs.80 crore from existing investors Sequoia Capital and Kae Capital, along with other investors in a Series E funding round, according to documents with the Registrar of Companies.