Chinese-funded unicorns like Paytm, Ola face users' ire
Most of these mobile applications have seen over the last one week increasing comments and lowest possible ratings from consumers.
Cheque-mate? Startups’ China funds may dry up
Chinese investors are the biggest backers of the country’s fast-growing digital economy.
Startups, SMEs on the edge: Survey
About 38% of Indian startups as well as small and medium enterprises are already out of funds because of t...
PE deals drop 40% in first 6 months of 2020
The plunge in PE investments in 2020 follow a record breaking calendar year 2019, which witnessed more than 1,000 PE and venture capital (VC) transactions valued at $45 billion, the highest in the last decade.
SoftBank CEO defends Vision Fund chief Rajeev Misra, after losses, controversy
The Vision Fund lost almost $18 billion in the fiscal year ended March 31, as it wrote down the value of investments in WeWork and Uber Technologies Inc., among others.
Fintech firm slice raises Rs 46 crore in funding led by Japan-based Gunosy
The pre-series B round also saw participation from US-based EMVC, Kunal Shah of CRED, Better Capital and existing investor, Das Capital.
Bombay play raises $1.5 mn in pre-Series A funding from Leo Capital
Gaming company Bombay Play has raised $1.5 million in pre-Series A funding from venture capital firm focused on early-stage technology investments Leo Capital as well as angel investor and co-founder of Livspace Ramakant Sharma.
38% startups run out of funds as bailout calls go unanswered
According to Tracxn, only 79 seed stage deals amounting to $47 million were closed between the start of April and June 5, compared to 188 deals worth $154.5 million raised by companies between April and June last year.
New woes for SoftBank's Son: Wirecard may go the WeWork way
As Wirecard drama unfolds, it may well turn into this year's WeWork, another PR disaster for Son.
IAN and Indifi Technologies collaborate to launch fund for startups during COVID-19
The announcement comes at a time when most of the businesses, especially startups are facing liquidity crunch due to an unforeseen situation that forced the entire country to be under lockdown for over two months.
Custom Furniture startup WoodenStreet raises $ 3 million in Series-A Funding from IAN Fund, RVCF
With an increase in import duties, home-grown brands can utilize such investments in building themselves up and shape a better tomorrow under the ‘Make in India’ umbrella.
Myelin Foundry raises funding from Kris Gopalakrishnan’s family office
Myelin Foundry builds edge AI products on consumer devices with its proprietary algorithms for video, voice, and sensor data.
Edtech platform Ken42 raises Rs 11 crore in fresh round
The platform helps institutions with student acquisition, student management and with connecting different campuses across the common platform, among some of its functions.
M12, Microsoft's venture fund, opens office in India
M12 has already been remotely investing in India since 2019. Its portfolio includes category leaders such as Innovaccer and FarEye.
SoftBank to expand Vision Fund cuts to as many as 80 workers
SoftBank’s businesses were battered early this year with the coronavirus outbreak and its stock tumbled.
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