HILLHOUSE CAPITAL GROUP
Cred closes $120m round as valuation jumps to $450m
Freecharge founder Kunal Shah, who launched Cred as his second venture, has positioned the company as a platform for all forms of credit card bill payments.
DST may back PhonePe's $1 billion raise
PhonePe, which recently crossed 3-billion-transactions landmark on its platform, is believed to be lo...
Udaan to raise $500 million, valuation may climb 2x to $2.2 billion
Round may see new investors like Hillhouse, Altimeter along with existing...
Moglix lands $60 million funding led by Tiger Global and Sequoia Capital
The company will primarily use the proceeds to ramp up infrastructure. Moglix is currently present in 14 locations, and plans to be in 22-25 industrial hubs.
US venture firm General Catalyst may invest in Cred in its first India bet
The company’s Series-B round is being led by existing investors including Sequoia Capital, Ribbit Capital and Yuri Milner’s Apolleto Asia.
Kunal Shah’s Cred in talks for $100 million from Hillhouse, others
Top funding deals in the works in startupland Sequoia and other existing investors likely to lead new round, valuing the firm at $400 million
Miniso records sales at Rs 700cr for first year, experts sceptical
Earlier this month, Miniso raised $145 million (Rs 1,070 crore) from Tencent and Hillhouse Capital.
CarDekho sees revenues grow 40% in FY18 even as losses fall by almost 50%
The Gurgaon-based firm has seen the segment add significant heft to its balance sheet with FY18 revenues growing about 40% to come in at Rs 160 crore from Rs 114 last year.
ShareChat Valuation Jumps 7x to $460 million
Round led by existing backer Shunwei Capital with new investors Morningside and a DST Global affiliate
China to ask Wall Street for ideas on improving U.S ties
China will ask Wall Street firms for ways to improve ties with the United States and suggestions to open up its financial sector at a day-long meeting in Beijing
Airbnb is worth $25.5 billion after raising a massive $1.5 billion round
Home-rental site Airbnb just landed a sky-high valuation at $25.5 billion, after finalizing a $1.5 billion funding round.
Hedge funds in line to tap the robust potential in Indian internet start-ups
Hedge funds are perceived by many as very opportunistic investors with more capital and without much expertise in local markets or sectors.
Give your startup a swift, invigorating kick with these lessons from desi ventures
Indian startups like Patanjali Ayurved, Pulse, and Paper Boat have made it big and here is why.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service