Mohalla Tech, the parent company behind India’s leading short video app Moj and Indic language social media platform ShareChat has become the latest entrant to the Unicorn Club. The company has raised US$502 million in its latest round. With the new rounds of investment, the valuation stands a littl...

Bengaluru: Unacademy has concluded a secondary transaction round that saw Tiger Global, Dragoneer Investment Group, Steadview Capital and General Atlantic purchase $50 million-worth of shares from existing investors to increase their stake in the edtech startup. — The Economic Times IndusLaw advised...

Food delivery company Zomato Media Pvt. Ltd has completed a staggered fundraise that added $660 million (Rs 4,851 crore) to its coffers at a post money valuation of $3.9 billion, its co-founder and chief executive Deepinder Goyal, tweeted… — VCCircle IndusLaw advised Zomato Private Limited led by a ...

Education technology startup Unacademy has raised an undisclosed amount from Tiger Global Management and Dragoneer Investment Group, valuing the Bengaluru-based company at $2 billion. The latest investment comes just two months after Unacademy raised $150 million led by SoftBank Vision Fund 2 at a v...

Itilite Technologies Pvt. Ltd, a software-as-a-service company focussed on business travel, has raised $13 million (Rs 99.45 crore at current exchange rates) in a Series B funding round. — VCCircle Rajaram Legal advised Itilite Technologies Private Limited and Matrix Partners India led by a team of ...

Info Edge on Thursday said its investee company Zomato has raised $160 million (about ₹1,173 crore) in funding from Tiger Global and Temasek Holdings subsidiary MacRitchie Investments, valuing the online food ordering platform at $3.3 billion. — Thehindu Food delivery company Zomato Media Pvt. Ltd h...

Business-to-business (B2B) manufacturing platform Zetwerk has raised $21 million ( ₹160 crore) as part of its Series C round, led by existing investor US-based Greenoaks Capital. Existing investors including Accel, Kae Capital, Lightspeed and Sequoia India also participated in this round. — Mint Sam...

NEW DELHI/BENGALURU: Digital credit ledger Khatabook has raised $60 million (about Rs 454 crore) in a fresh equity financing round led by B Capital Group, the investment firm founded by Facebook cofounder Eduardo Saverin. This takes the total funding raised by the twoyear old firm to $87 million. — ...

Zetwerk, a platform for customised products for industrial use, has raised $32 million (Rs 225 crore) in Series-B funding from venture capital firms Lightspeed and Greenoaks Capital to fuel its expansion plans. The funding round also saw participation from Zetwerk’s existing investors Sequoia India,...

Khatabook, an app that enables small and medium enterprises (SMEs) to record and track business transactions digitally, has raised $25 Mn Series A round from GGV Capital, Partners of DST Global, RTP Ventures, Sequoia India, Tencent, Y Combinator and others. — Inc42 Algo Legal advised Sequoia Capital...

Popular retail chain Chaayos has raised $21.5 million in an equity and debt mix (Series-B2 round) led by Silicon Valley-based investment firm Think Investments. The tea cafe chain, led by Sunshine Teahouse Pvt Ltd raised $18.5 million of primary capital from Think Investments and other investors, an...

Infra.Market, a Mumbai-based B2B online procurement marketplace for real estate and construction materials on Monday said that it has raised $20 million in Series A funding round led by Tiger Global, Nexus Venture Partners, and existing investors Accel Partners. The company plans to use the freshly ...

Online used car marketplace Cars24 has closed a $100 million (about Rs 714 crore) equity financing round from a clutch of new and existing investors, including Unbound, the London-based investment firm founded by Bharti Airtel scion Shravin Mittal. A second new investor, New York-based investment fi...

Fintech firm Cred has raised $120 million (Rs 862 crore) in a new funding round, founder Kunal Shah tweeted… according to filings with the Ministry of Corporate Affairs, Cred has raised Rs 730.02 crore from a clutch of investors in its Series B funding round. Ribbit Capital, a fintech-focused global...

Gunderson Dettmer India and Southeast Asia head Ferish Patel - who had also headed its Singapore office - has joined the Hong Kong office of Cooley as a partner, according to the firm’s press release, with an aim to set up a Singapore office under him soon.

Gurgaon-based Roposo has raised $10 million (₹61 crore) from existing investors Tiger Global Management and Bertelsmann India Investments, showed documents sourced from business intelligence platform Paper.vc. — Mint S&R Associates advised Bertelsmann India Investments led by a team of partner ...

Udaan, “founded by three former senior executives of Flipkart, is in advanced talks to raise $225 million from existing investors DST Global and Lightspeed Venture Partners’ global fund, according to two people familiar with the development,” reported The Economic Times . Link Legal India Law servic...

“Online payment service PayU has acquired California-based financial technology company Wibmo for $70 million (Rs 483 crore). PayU, which is the fintech arm of South Africa’s Naspers would combine its merchant network and Wibmo’s digital transaction security solutions to offer payments solutions to ...

“Tiger Global Management is in advanced talks to invest $5-6 million each in two early-stage software companies—Fyle and Facilio—as it makes a comeback to India’s startup landscape that it was instrumental in nurturing,” reported The Economic Times about the Series A investment in Fyle. YSS Legal LL...

“Byju’s raises $540 million from Naspers and CPPIB: Education startup Byju’s has raised $540 million in a round led by Naspers, with participation from Canada Pension Plan Investment Board (CPPIB),” reported Medianama . Shardul Amarchand Mangaldas & Co advised Byju (Think and Learn Pvt. Ltd) le...