Mobikwik targets Rs 1,500 crore in loan disbursements for FY20

Payal Ganguly

Sequoia Capital-backed digital payments platform Mobikwik aims to disburse 1.2 million loans worth Rs 1,500 crore in the current ....

11 November, 2019

Deal Roundup: Tiger Global, Cars24 lead revival in tech startup funding

Supriya Roy

Funding activity in India’s technology startup market picked up pace in the third week of October, changing tracks from ....

18 October, 2019
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Used cars marketplace Cars24 raises $100 mn

Payal Ganguly

Used cars marketplace Cars24 has raised $100 million growth capital from new and returning investors.  The round saw participation ....

17 October, 2019

Deal Roundup: Sequoia, Sachin Bansal, Falcon Edge fail to lift dull funding week for tech startups

Supriya Roy

Funding activity in India’s technology startup market remained dull into the second week of October, continuing with a downtrend ....

13 October, 2019

TechThisWeek: Ecommerce festival sales; Tencent and Udaan; Zomato, Quikr

Shweta Sharma & Payal Ganguly & Vignesh Ananthraj

The Big Billion Day and Great Indian Festival seem to be ringing all the right notes for ecommerce giants Flipkart and Amazon ....

5 October, 2019

Former Uber Asia chief Amit Jain joins Sequoia

Supriya Roy

Amit Jain, former Asia Pacific head of ride-sharing platform Uber Technologies, has joined Sequoia Capital India as managing director ....

30 September, 2019
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Sequoia leads $15 mn Series B in HR tech platform Darwinbox

Payal Ganguly

Enterprise-focused human resources management (HRMS) platform Darwinbox has raised $15 million in Series B funding round led by ....

26 September, 2019

OYO appoints McKinsey executive as CEO of SE Asia, Middle East

Payal Ganguly

Gurugram-headquartered OYO Hotels and Homes has appointed Mandar Vaidya as the chief executive officer (CEO) for Southeast Asia ....

7 August, 2019

ChrysCapital leads $30 mn Series D in co-working startup Awfis

Binu Paul

Co-working space provider Awfis Space Solutions has raised $30 million (Rs 212 crore at current exchange rate) in its Series D ....

7 August, 2019

Funding Roundup: Rebel Foods scores a big investor, Tiger bets on B2C as funding crosses $400 mn

Vijayakumar Pitchiah

In another busy week for dealmaking in India’s technology sector, as many startups scooped up a total of  $446.06 million ....

2 August, 2019
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Sequoia India raising $200 mn more for existing fund; Pine Labs gets $102 mn funding from parent

Team TC

Payments solutions company Pine Labs has received fresh funding from its Singapore-based parent. Sequoia India is adding $200 ....

31 July, 2019

Accel leads $25 mn Series B funding in trade finance firm Drip Capital

Om Athavale

Palo Alto- and Mumbai-based financial technology solutions provider Drip Capital has raised $25 million (Rs 172.4 crore at the ....

24 July, 2019

MobiKwik posts 116% rise in FY19 revenue; eyes swing to operating profit by 2019-end

Payal Ganguly

In its unaudited annual report, digital wallet company MobiKwik said that its gross revenues rose 116% to Rs 184.6 crore for the ....

20 May, 2019

Quick Heal launches new suite of cybersecurity solutions for laptops, desktops

Tanmay Tiwary

Indian cybersecurity solutions provider Quick Heal Technologies has launched its next-generation suite of cybersecurity solutions ....

17 May, 2019

B2B used cars firm Cars24, fintech platform Open may raise fresh funding: Reports

Vijayakumar Pitchiah

Gurugram-based Cars24, business-to-business used cars marketplace, is set to close $80 million in a fresh funding round led by ....

14 May, 2019

Robotic process automation firm UiPath raises $568 mn, underlines India ambitions

Vignesh Ananthraj

US-based UiPath Inc., which helps firms automate routine processes, has closed a Series D funding round worth $568 million (Rs ....

30 April, 2019

Scooter-rental platform Bounce names former Groupon exec as senior vice-president

Vijayakumar Pitchiah

Scooter- and bicycle-rental platform Bounce, based in Bengaluru, said it has roped in Bharath Devanathan as senior vice-president ....

20 March, 2019

Travel marketplace ixigo in talks to raise $75 mn in fresh funding

Vijayakumar Pitchiah

Le Travenues Technology Pvt. Ltd, which runs online travel marketplace ixigo, said on Friday that it was in talks to raise up ....

16 November, 2018

Logistics-tech startup BlackBuck raises $27.4 mn in fresh capital

Vijayakumar Pitchiah

Zinka Logistics Solutions Pvt. Ltd, which operates business-to-business tech-enabled logistics startup BlackBuck, has raised Rs ....

8 October, 2018

Paytm-owned Little-Nearbuy has a turnaround plan, but can it stick to the script?

Vijayakumar Pitchiah

Last December, digital wallet and e-commerce major Paytm engineered a merger between its floundering investee company Little and ....

9 July, 2018

Losses at Sequoia-backed Faasos widen four-fold as expenses mount

Dearton Thomas Hector

Pune-based quick service restaurant chain and online food delivery company Faasos Food Services Pvt. Ltd saw losses widen four-fold ....

15 February, 2017