LIGHTSPEED VENTURE PARTNERS
SoftBank faces Oyo riders for stake increase
This comes at a time when Oyo has been looking to raise a new round at a valuation of over $10 billion.
Freight Tiger raises $8 million in fresh round of funding
It plans to expand product and technology through artificial intelligence (AI) as w...
TikTok lessons on social media influencing goes viral
The runaway success of short-video app TikTok has spawned a whole industry centred arou...
Trustroot puts Rs 139 cr in Udaan
Udaan set to take off with a fresh tranche of funds from Trustroot, even as HealthKart gets fresh funding.
ShareChat takes the shovel to 54,000 accounts, half-a-million content items
Platform has been on a clean-up spree since February to curb fake news, hate speech, spam, misinformation.
Oravel board okays $1.5b for Oyo from SoftBank, RA Hospitality
The investment comes a little over a month after the company stated that its founder and group chief executive Agarwal would invest $700 million into the company he founded in 2013, with the rest coming in from SoftBank and other unnamed investors.
Edtech startup Byju's raises $540 million from Naspers Ventures, CPPIB
Education technology platform Byju’s has raised $540 million funding round led by South Africa's Naspers Ventures as it looks to fuel its gl...
Byju’s begins new chapter as world’s top education tech company
Raises $540 million at likely valuation of $3.6 billion; 38% stake of three founders now worth $1.29 billion.
Naspers and CPPIB back Byju's, valuation jumps to $3.6 billion
The round is being led by Naspers Ventures, the venture arm of South African media giant best known for its early bet on China's Tencent.
Oyo will be the world's largest hotel chain by 2023: CEO Ritesh Agarwal
Oyo, which began with one hotel in Gurgaon in 2013, has grown to over 330,000 rooms in 500 cities globally. While India was its first playground, it now has more rooms in China.
FreshMenu opens talks with PEs to raise $75 million
FreshMenu, which counts Lightspeed Ventures and Zodius Capital as investors, is looking for a valuation of $250 million in the Series C round against a $50 million valuation in the Series B round in 2016.
OYO's expansion isn't the best use of unicorn funds
Founder Ritesh Agarwal has big plans for the startup, which already has 10,000 hotels in 160 Indian cities.
SoftBank, others book a $5-billion room for OYO at unicorn club
The latest round values OYO, which was founded by college dropout Ritesh Agarwal, at about $5 bn.
ShareChat Valuation Jumps 7x to $460 million
Round led by existing backer Shunwei Capital with new investors Morningside and a DST Global affiliate
VC investors see a truckload of money in digital freight sector
Targeting mainly micro, small and medium enterprises, these firms help reduce the hassle of documentation for clients through digitalisation, detect the whereabouts of shipments/consignments, reduce overall booking time, and negotiate cost-effective rates through bulk booking.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service