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Ed-tech start-up Unacademy raises $150 million, joins elite unicorn club

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.
NewsBytes Briefing: Snap's revenue grows; Moderna's vaccine won't be cheap

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.
Tencent leads $15 million Series A funding in Doubtnut

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.
Bike rental start-up Bounce raises $105 million Series D funding

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.
Park+ raises $11 million from Sequoia Capital, Matrix Partners

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.
Pay back time: OYO is making its early-stage investors rich

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.
Logistics start-up BlackBuck raises Rs. 56 crore from Trifecta

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.
Social commerce start-up SimSim raises Rs. 43.39 crore: Details here

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.
SaaS unicorn Freshworks raises $150 million, crosses $3.5 billion valuation

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.
Cars24 raises $100 million in Series D round: Details here

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.
OYO raising $1.5 billion from founder Ritesh Agarwal, SoftBank, others

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.
Rajan Anandan quits Google India, will join Sequoia Capital

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.
FreeCharge founder Kunal Shah has founded a new start-up, Cred

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.
OYO Rooms raises $1bn, enters unicorn club

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.
Micro-delivery start-up Daily Ninja secures $3mn in fresh funding round

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.
Telegram raises $1.7 billion from two pre-ICO sales

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."
Urban Ladder raises Rs. 78.2cr from Kalaari Capital and others

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.
Dropbox files for IPO, to raise $500 million

24 Feb 2018

Dropbox files for IPO, to raise $500 million

File syncing service Dropbox has filed for an initial public offering (IPO).
SpaceX Competition? Tucson-based start-up to make cheaper rockets

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.
UberEATS and Zomato bid to acquire Runnr

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.
MobiKwik may get $100 million funding from BlackRock and others

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.
Awfis Space Solutions gets $20 million from Sequoia Capital

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.
Verlinvest invests $30mn in education tech start-up Byju

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.
Investors pump in Rs 102 crore in Urban Ladder

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.
Glu Mobile acquires QuizUp

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.
Top venture capital firms and their successful strategies

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.
Craft beer scripting a growth story in India

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.
Dhiraj Rajaram new CEO of MuSigma

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.
Mu Sigma's Dhiraj Rajaram looks to gain controlling stake

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.
Sequoia Capital to sell stakes in firms worth $200 million

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.
Byju's raises $50 million from Chan Zuckerberg Foundation, Sequoia, others

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.
HealthKart raises over Rs.80 crore from Sequoia, Kae Capital

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.