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ShopX raises $35 million from Fung to fuel expansion plans
The Indian B2B retail industry is estimated at over $100 billion, and with negligible online penetration, it offers good opportunity for players.
Byju’s in talks with SoftBank, others to raise up to $250 million
Byju’s is in the process of expanding to English-speaking markets, includin...
Tencent may back Oyo with $2 billion tag
Sources briefed on the matter said Oyo has held discussions with other Chinese strategics and a few ...
Lightspeed closes second India Fund with $175 million in kitty
The top Silicon Valley venture capital firm looks to bet on fintech, content, B2B e-commerce, software and logistics space.
Striking gold: A look at India's growing club of Unicorns
From 2011 to 2017, India had 10 Unicorns, the nomenclature given to private technology companies valued over $1 billion.
ShareChat valuation may hit $400 million in new round
The deal is expected to increase the valuation of the startup 4-5 times to $400 million in less than six months after it raised funds from Xiaomi and Shunwei late last year.
How SoftBank woos and wins Indian startups with big bucks
This is the first time Ola’s early investors would be selling their shares to other entities and Aggarwal wants to own the highest voting rights, even as a minority shareholder, to avert any situation where shares change hands without the founder’s go-ahead.
VC firms wading in undaunted to invest in cryptocurrency, blockchain startups
These investors are taking cues from a global wave that saw VC firms overseas put in more than $1 billion in cryptocurrency and related startups in 2017 alone.
Udaan gets $50 million in Series-B round to take off
This is one of the biggest funding rounds at an early stage in the Indian startup ecosystem.
Venture capital firms' $2 billion fund hunt no walk in park
Venture capital firms say LPs that had been taking macro calls on India, varying in extremes from euphoria to doom and gloom, are now more nuanced and likely to be more selective.
Local discovery platform magicpin launches augmented reality on its app
Globally, magicpin is not the only platform to have jumped on the augmented reality (AR) advertising bandwagon.
Firework looks to build a war chest to compete with TikTok, YouTube in India
Firework, a California-based company, is focused on what it calls premium user-generated content. It is looking raise $20 million in India, as it gets ready to battle it out in the fiercely competitive domestic market.
ShareChat to hire 100-150 people; further strengthen presence in tier II cities
The company is now looking at also stepping out on its monetisation efforts. It has been running different pilots and is engaging with different brands to offer "experiences" to users rather than just building ad inventory, ShareChat Chief Business Officer Sunil Kamath said.
OkCredit raises another $67 million from Tiger, Lightspeed
OkCredit lets small business owners and their customers record credit and payment transactions digitally.
All about the new wave of techpreneurs
Their exposure in startup scene and operational credibility have made them darlings of venture capital firms
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