Indian food delivery startup Swiggy is in talks to raise over $500 million in a new financing round that could value it at over $10 billion, two sources familiar with […]
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Back to news homeUltrahuman raises $17.5M, touting a wearable blood glucose tracker
Fitness platform Ultrahuman has officially announced a $17.5 million Series B fund raise, with investment coming from early stage fund Alpha Wave Incubation, Steadview Capital, Nexus Venture Partners, Blume Ventures […]
Zomato’s losses widen in first quarterly earnings since IPO
Zomato’s losses more than tripled in its first quarterly earnings report since its listing last month as the company’s expenses grew and the pandemic hit the firm’s dining-out business. The […]
China’s expected edtech clampdown may chill a key startup sector
News that China’s government may force domestic tutoring-focused companies to go nonprofit is taking a huge bite out of the value of several technology companies. Bloomberg notes that the value […]
Zomato takes IPO route in search of new growth prospects in India, says GlobalData
Following the news that India-based online food aggregator Zomato Limited is all set to launch its three-day initial public offering (IPO) on 14 July 2021; Alisha Bajpai Singh, Senior Analyst […]
Zomato juice: Indian unicorn’s proposed IPO could drive regional startup liquidity
The IPO parade that has continued in 2021 is not a strictly domestic affair. Other countries are getting in on the unicorn liquidity rush. This week, India-based food-delivery unicorn Zomato […]
Indian startups raised $9.3 billion in 2020
The coronavirus pandemic — and a handful of other factors — slowed dealmaking for startups in India this year. Compared to their record $14.5 billion fundraise last year, Indian startups […]
YC-backed Cashfree raises $35.3 million for its payments platform
Cashfree, an Indian startup that offers a wide-range of payments services to businesses, has raised $35.3 million in a new financing round as the profitable firm looks to broaden its […]