LIGHTSPEED VENTURE PARTNERS
ShareChat raises Rs 720 crore, valuation may touch Rs 3.3k cr
Round led by Shunwei Capital, along with Morningside & DST Global affiliate Jesmond.
Udaan raises $225 million from DST Global, Lightspeed to become India's fastest Unicorn
The company, founded by former executives of Flipkart...
China’s Didi Chuxing may back Oyo
Some investors like Didi and shared office startup WeWork have opted to only back the company’s Chinese sub...
Oyo’s valuation set to cross $4 billion in new round
Oyo is in talks to raise up to $1 bn in a deal that could usher it into India’s crowding Unicorn club.
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, including the United States, the UK and Australia. The company has also hired teachers across geographies for this expansion initiative.
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 financial investors as well for the funding.
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.
Koramangala is an extremely peaceful yet fun neighbourhood: Aditya Rao, LocalOye
LocalOye is currently present in Mumbai, Bengaluru and Gurgaon. By the end of August, we should also be present in Delhi and Noida.
Why VC firms are investing aggressively in budget-segment startups that cater to middle class
Investors see an aspirational middle-class with easier access to affordable smartphones potentially translating to a greater propensity to shop online.
Home services firm LocalOye to launch online services; eyes tier II, III cities
LocalOye provides dozens of home service options offline in Bengaluru, Mumbai and Gurgaon, and currently receives 3,500 service requests a day.
Uber India offers free rides with top VC firms to aspiring entrepreneurs
To hail 15 minutes with a VC, all an entrepreneur had to do was to fire up his or her Uber app and slide over to the 'UberPITCH' view between 12 pm to 4 pm.
Doormint raises $3 mn in Series A funding from Helion Venture Partners, Kalaari Capital
Doormint has raised $3 million in Series A funding from a round led by Helion Venture Partners with participation from Kalaari Capital.
On-demand logistics startup Townrush raises seed funding from Lightspeed
The undisclosed amount is being invested into the company's physical infrastructure, technological development, and scaling up its core team.