Manish Singh
The U.S. index fund pioneer Vanguard has cut the worth of its holding in the Indian ride-hailing startup Ola by nearly two thirds since original investment, and Neuberger Berman has slashed the worth of its Pharmeasy shares by more than 90%, according to an analysis of the funds’...
Shares of Honasa Consumer, the parent firm of direct-to-customer beauty and personal care Mamaearth, jumped slightly in a key public listing watched by many Indian startups as they evaluate their own initial public offerings.
Mamaearth, a seven-year-old company that has seen a surge in the demand of its products...
Xpressbees, an Indian logistics firm that works with several e-commerce firms in the country, has raised $80 million in a new funding round led by Ontario Teachers’ late-stage venture growth fund amid a surge in the country’s online shopping activity.
The Canadian pension fund has acquired a stake in...
Flexible-office-space firm WeWork has filed for Chapter 11 bankruptcy protection, a stunning change in fortune for the once high-flying startup co-founded by Adam Neumann and bankrolled by SoftBank.
The New York-based firm has listed both assets and liabilities in the range of $10 billion to $50 billion in its...
In the oversubscribed IPO of Mamaearth, Peak XV Partners has found its fourth 10x or greater return within the six months since separating from the Sequoia family.
The venture fund is sitting on an 10x return on its investment in Mamaearth, according to an analysis of its IPO documents...
Indian edtech giant Byju’s said on Saturday that revenue of its core business, its largest, in the financial year ending March 2022 stood at $429.18 million, making it clear that the most valuable Indian startup has missed the unaudited $1.25 billion revenue it projected for the group a...
The India-made iPhone is projected to account for 12-14% of Apple’s global iPhone shipments in 2023, according to a leading analyst, who further anticipates that the importance of the South Asian market to Apple will notably rise in the coming year.
Ming-Chi Kuo of TF International Securities said Wednesday...
Shares of Truecaller dropped as low as 35%, $35.95 to $24.47, before recovering slightly Friday after the Switzerland-headquartered firm, known for its eponymous caller ID app, reported lower than estimated revenue.
Truecaller, listed in Stockholm, reported a revenue of SEK 399 million ($35.88 million) for the quarter ending September,...
Tata Group will start making iPhones in India for the local and global markets, India’s Deputy IT Minister Rajeev Chandrasekhar said on Friday, moments after Wistron’s board approved the sale of the Taiwanese firm’s plant in the southern part of India to the salt-to-tech conglomerate.
Wistron’s board has approved the...
India’s fast-growing co-branded credit card market may soon see a new entrant: the country’s most valuable firm.
Reliance is working with the state-backed lender SBI to launch two co-branded credit cards on the homegrown Rupay network, according to documents reviewed by TechCrunch.
The cards, called Reliance SBI Card, will offer...
