Manish Singh
Licious, a Bengaluru-based startup that sells fresh meat, seafood and other fresh animal protein online and which became the nation’s first direct-to-consumer brand to become a unicorn last year, said on Tuesday it has raised an additional $150 million from a set of late-stage investors in a move...
Dragoneer Investment and Tiger Global are backing Bazaar, a startup that is attempting to digitize Pakistan’s retail with e-commerce, fintech and last-mile supply chain solutions, they said today, joining a growing list of high-profile investors making large bets in the South Asian market.
The two investors are leading Bazaar’s...
Paytm says a report claiming its Payments Bank’s data was leaked to Chinese firms is “completely false and sensationalizing,” as the India fintech giant rushes to provide clarification to calm investors after its shares tumbled as much as 14.7% to $8.6 apiece on Monday.
Bloomberg reported this afternoon that...
Byju Raveendran, founder and chief executive of the eponymous edtech giant, has financed his recent $400 million investment in Byju’s through a debt he raised from multiple international banks, two sources familiar with the matter told TechCrunch.
On Friday, the startup announced it has raised $800 million in a...
Sachin Bansal’s Navi Technologies, a fintech startup that lends to and offers insurance to customers, has filed for a $440 million IPO as the 40-year-old entrepreneur who made his money by kick starting the e-commerce wave in the country once again makes a bold choice.
Navi Technologies’s initial public...
Indian game streaming startup Loco said on Thursday it has raised $42 million as it looks to build, per its conversations with investors, “Twitch for India.”
Hashed, Makers Fund, Catamaran Ventures, Krafton, Lumikai, Korea Investment Partners and Hiro Capital invested in the startup’s Series A financing, which gives Loco...
The Indian antitrust watchdog on Wednesday approved Amazon’s proposal to acquire Catamaran Ventures’ stake in Prione, which operates one of the largest sellers on the e-commerce platform, providing the American giant with the pathway to continue to operate Cloudtail in the world’s second largest internet market.
Amazon proposed the...
Indian food delivery giant Swiggy has hired bankers as it gears up for an initial public offering next year, a source familiar with the matter said.
The startup, which was valued at $10.7 billion in its Series K financing in January this year, is looking to raise as much...
Airtel said on Monday it is launching a credit card, the latest attempt from the Google-backed Indian telecom operator to make inroads with financial services as it looks to expand its offerings in the world’s second largest internet market.
The network, managed by billionaire Sunil Mittal, said it has...
Reliance Industries plans to invest up to $221 million in American electronics firm Sanmina to set up a joint venture as the Indian giant looks to expand its electronics manufacturing.
The joint venture aims to create a “world-class” electronic manufacturing hub in India, the two said. It will prioritize...
