Ritesh Aggarwal to buy shares worth $2 bn in OYO; partial exits for Lightspeed, Sequoia

Binu Paul

Ritesh Aggarwal will buy shares worth $2 billion in Oravel Stays Private Limited, owner of budget hotels chain OYO, in a primary ....

19 July, 2019

Funding Roundup: Investments cross $400 million on the back of growth deals

Vijayakumar Pitchiah

Growth stage funding took center-stage again this week which saw a total of 21 deals worth more than $400 million being concluded. ....

19 July, 2019
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Mindtree founders to stay on and ensure smooth transition

Anirban Ghoshal

Mindtree founders Rostow Ravanan, Krishnakumar Natarajan and NS Parthasarathy have agreed to stay back with the company for some ....

19 July, 2019

Venture Catalysts backs US-focussed equities investment platform Vested

Shweta Sharma

US and India-based investment platform Vested has raised an undisclosed amount of funding from incubation platform Venture Catalysts.  The ....

19 July, 2019

Watch: B2B startups will take off in the next 6-7 years: Sateesh Andra, Endiya Partners

Anand J & Vijayakumar Pitchiah

Hyderabad-born Sateesh Andra spent several years in Silicon Valley building his own IT management software startup Euclid before changing lanes to become a venture capitalist. He set up and ran Draper Fisher Jurvetson’s (DFJ) India operations more t

19 July, 2019

Accel leads fresh funding round in travel management startup Travelstop

Vijayakumar Pitchiah

Singapore-based Travelstop, founded by Indian-origin entrepreneurs, has raised $3 million (Rs 20.67 crore at the current rate) ....

18 July, 2019
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Dubai family office NB Ventures leads funding round in Teabox

Payal Ganguly

Premium online tea brand Teabox has raised an undisclosed amount from Dubai- based NB Ventures, the family office of former Landmark ....

18 July, 2019

eBay picks up 5.5% stake in Paytm Mall

Vijayakumar Pitchiah

US-headquartered ecommerce firm eBay Inc has picked up a 5.5% stake in ecommerce marketplace Paytm Mall for an undisclosed amount ....

18 July, 2019

Ebix seals agreement to buy Yatra for $338 mn

Vijayakumar Pitchiah

US-headquartered software firm Ebix Inc has entered into a definitive agreement with Yatra Online Private Limited to acquire the ....

17 July, 2019

Audio-on-demand content startup Agrahyah raises pre-Series A round

Shweta Sharma

Mumbai-based multimedia content firm Agrahyah Technologies Private Limited has raised $1 million (Rs 6.9 crores at current exchange ....

17 July, 2019
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Co-working space provider Awfis to raise $13 mn

Binu Paul

Co-working space provider Awfis Space Solutions Pvt Ltd will be raising $13 million (Rs 90 crore at the current exchange rate) ....

17 July, 2019

Icertis joins unicorn club, raises $115 mn from Greycroft & PremjiInvest

Om Athavale

The Bellevue, Washington-based cloud management solutions provider Icertis raised $115 million (around Rs 791.67 crore at the ....

17 July, 2019

Angel investor Sanjay Mehta launches 100X.VC to invest in 100 startups

Shweta Sharma

Entrepreneur-turned-angel investor Sanjay Mehta announced the launch of 100X.VC, his new venture capital firm. "Time has ....

17 July, 2019

Blume Ventures, Rainmatter invest $1 mn in commodities platform Procol

Binu Paul

New Delhi-based Procol, a procurement platform for the commodity industry, has raised a seed round of $1 million (Rs 6.8 crore ....

17 July, 2019

Sachin Bansal’s BAC bets on consumer electronics startup boAt

Shweta Sharma

Consumer-tech lifestyle startup boAt has secured a commitment of Rs 20 crore in venture debt from Bengaluru-based BAC Acquisitions, ....

17 July, 2019

Sequoia-backed data analytics startup Near raises $100 mn

Vijayakumar Pitchiah

Singapore-based data analytics startup Near has raised $100 million (Rs 688.39 crore at current exchange rates) from  London-based ....

17 July, 2019

MyMoneyMantra raises $15 mn from European investors

Binu Paul

Financial services distributor MyMoneyMantra has raised $15 million (Rs 104 crore at the current exchange rate) from European ....

17 July, 2019

OYO founder to increase stake through Cayman-based entity

Vijayakumar Pitchiah

Ritesh Aggarwal, the founder of Gurugram-based hospitality chain OYO Hotels and Homes, is increasing his stake in the company ....

17 July, 2019

L&T Infotech to acquire AI&ML firm Lymbyc Solutions for Rs 38 crore

Anirban Ghoshal

Just after closing a hostile takeover of mid-tier IT services firm Mindtree, engineering conglomerate Larsen & Toubro (L&T), ....

17 July, 2019

OYO acquires Innov8, moves into co-working business with two more brands

Binu Paul

SoftBank-backed hospitality unicorn OYO has officially announced its foray into co-working business with the acquisition of Delhi-based ....

16 July, 2019

Online grocer Grofers gets $10mn top-up funding from UAE-based investor

Vijayakumar Pitchiah

Online grocer Grofers has raised another $10 million in what appears to be a top-up to its latest funding round, The Economic ....

16 July, 2019