1mg, India’s leading consumer health platform, has raised has raised an undisclosed amount of additional Series B funding from HBM Healthcare Investments AG, the company said in a statement. In April, the company raised Rs.100 crore in the Series B round from Maverick Capital Ventures, the venture capital (VC) arm of US-based hedge fund Maverick Capital […]
AFP- Music streaming giant Spotify has raised $1 billion (roughly Rs. 6,632 crores) in convertible debt from investors, with strict conditions, the Wall Street Journal reported late Tuesday. Private-equity firm TPG, hedge fund Dragoneer Investment Group and clients of Goldman Sachs are taking part in the deal, the paper said, citing people familiar with the […]
Job searched platform WorkIndia has raised $7 million from Chinese tech company Xiaomi.
UnoLigo Solutions, a customer transmigration platform raises $1 million from EquNev Capital.
SoftBank’s bad year goes well beyond WeWork Investors are starting to get the feeling that whatever Son brings to the public is troubled.
Online loan payment firm BharatPe has raised USD 50 million in its latest round of equity financing.
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India’s largest food delivery company Swiggy has reportedly raised an amount of $1 billion in a fresh funding round. The round was led by existing backer, South African media giant Naspers. Along with this, the new investors that participated in the round included China’s Tencent and hedge funds Hillhouse Capital and Wellington Management. With this new round, the valuation of the […]
India’s on demand home services marketplace UrbanClap has secured funds amounting to $50 million in a fresh funding round. This round was led by Hong Kong-based hedge fund Steadview Capital along with existing investor Vy Capital. With this round, the valuation of the company will more than double to $480 million. UrbanClap which also counts Accel, SAIF Partners, Bessemer Venture Partners […]
US fintech startup Stripe has reportedly raised funds amounting to $245 million in a financing round. The funding round has valued the company at $20.25 billion, a dramatic surge from its most recent $9.2 billion valuation in 2016. The funding round was led by billionaire investor Chase Coleman’s hedge fund Tiger Global Management, and also saw participation […]
Food Delivery Platform Swiggy has sealed its much awaited $210 million funding with Russian billionaire Yuri Milner’s’ DST Global thereby finally making entry into the prestigious “Unicorn” club. The company has informed that the investment round also saw participation from hedge fund Coatue and existing backer Meituan Dianping, with a total capital crossing $466 million […]
Market Regulator, The Securities and Exchange Board of India (SEBI) has constituted an expert committee to look into the existing Institutional Trading Platform framework (ITP) to suggest measures that could facilitate the listing of startups. At the same time, SEBI is also examining the possibility of allowing unlisted Indian companies to directly list equity overseas […]