MS Dhoni-backed Cars24 bags $44 million from parent firm Global Car Group
Cars24, a platform to buy and sell used cars, has bagged $44 million (approx INR 312 crore) investment from its parent company Global Car Group Pvt Ltd, reported Mint. In…
[Weekly funding review] Indian startup ecosystem gets 15 deals with around $256 million of funding in third week of October
The Indian startup ecosystem, in the third week of October, enabled around 15 startup deals with $256 million (approx INR 1,819 crore) of funding from a clutch of existing as…
Mahendra Singh Dhoni-backed Cars24 raises $100 million in series D equity funding round from Sequoia Capital, DST Global, others
Mahendra Singh Dhoni-backed platform Cars24, which enables people to buy and sell used cars, has secured $100 million (approx INR 714 crore) in Series D equity funding round from Sequoia…
DST Global, Matrix Partners India, others invest $8 million as part of series A round in social commerce firm DealShare
DealShare, a regional social commerce company, has secured around $8 million (approx INR 56 crore) in its series A round of funding led by Matrix Partners India and Falcon Edge…
Weekly funding report: Indian startup ecosystem draws $474 million in first week of October
The fresh week of October brought some relief to the startup sector as the Indian startup ecosystem was able to draw $474 million (approx INR 3,357 crore) against last week’s…
E-commerce platform Udaan raises $585 million from Tencent, Lightspeed Venture, clutch of investors; valuation surges to $2.5 billion
Udaan, a B2B e-commerce platform, is now, valued at $2.5 billion (approx ₹17 crore) after it raised funding of $585 million (approx ₹4,171 crore) from Tencent, Lightspeed Venture partners, DST…
Khatabook raises $25 million in series A funding from DST Global, Sequoia India, others
Khatabook, an accounting and business record-keeping startup, has raised $25 million (approx ₹177 crore) in series A funding from Partners of DST Global, Sequoia India, Tencent and others. While, prominent…
Fintech and e-commerce unicorn Udaan’s parent firm bags $300 million in series D round from Altimeter Capital, Footpath Ventures, others
Trustroot Internet, a Singapore-based parent entity of a fintech and e-commerce startup Udaan, has bagged $300 million (approx ₹2143 crore) funding in its series D round from Altimeter Capital, Footpath…
Is Swiggy planning to acquire Mumbai-based Supr Daily? Find out here
Swiggy, a foodtech startup, based out of Bengaluru, has, reportedly, acquired subscription-based daily consumable goods delivery startup Supr Daily in 2018. However, there is no official confirmation about the acquisition…
Swiggy is expected to raise ₹6,500 crore in funding, including ₹2,170 crore secondary share sale
Indian food delivery giant Swiggy is expected to raise around ₹6,500 crore ($900 million) in a fresh funding round. The round is said to value Swiggy at $2.5-3 billion, according…