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Latest Articles in News

Naspers Sells Stake in TBO Group to Standard Chartered Private Equity

This is the second strong exit by Naspers in India in the last three months.

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Hospitality Startup SaffronStays Secures Pre-Series A Investment from Sixth Sense Ventures

Sixth Sense is the first institutional investor in SaffronStays and will hold a significant minority stake in the company. Nikhil Vora joins the board of SaffronStays.

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BookMyShow Raises $100M in Series D Led by TPG Growth to Fuel Its Growth Plans

BookMyShow claiming to sell about 12 million tickets per month with an active user base of over 30 million customers

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Digital Lending Platform StashFin Looks to Raise Rs 30 Cr to Meet the Growing Customer Needs

StashFin which also has an NBFC License from RBI, offers a line of credit of up to Rs 3 Lakh with repayment periods from three to 24 months.

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With a Monthly Disbursal of Rs 100 Cr, SME Lender OfBusiness Raises Rs 200 Cr in Series C Funding

OfBusiness is growing at 10-15% every year and has been profitable since December last year.

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China's Didi Chuxing Raises $500M from Booking.com Parent for Expanding into New Markets

With this funding, the ride-hailing app plans to enter into new markets outside of China.

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Ascent Meditech Aims to Tap the $100B Indian Healthcare Market with Funding from LeapFrog Investments

Ascent’s flagship brand, Flamingo, is one of the most popular consumer health brands in India. The company currently exports to over 40 countries across Asia, Africa and the Middle East.

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Unacademy Raises $21M in Series C from Sequoia India, SAIF Partners & Others, Raised $38.6M to Date

Investment to onboard new educators, fuel growth in various categories and enhance product and technology.

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Co-living Spaces Startup StayAbode Raises Pre-Series A Funding from People Group’s Anupam Mittal & Others

The funds are being used to scale the business and create more supply as demand increases. StayAbode currently has 950 beds live and is operating at 97% occupancy at 15 properties across Bengaluru and has plans to expand to other cities in due course.

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Restaurant Reservation Platform Eatigo Bags Pre-Series C Round, Raised Over $25M Funding To Date

With presence in six countries, including the Philippines, Singapore, Thailand, Hong Kong, India, and Malaysia, Eatigo will use the funds to launch in several more markets and extend its product offering.

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