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Latest Articles in India Startups

#TodayDeals: Zomato to Raise $400M at $2B Valuation, Xiaomi to Raise $6.1B at $53B Valuation in Its IPO & More

Zomato is reportedly in talks to raise $400 million, largely from existing investors Ant Financial and Temasek, at a valuation of as much as $2 billion.

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#TodayDeals: OYO Officially Launches into China, Byju’s Aims Rs 1,400 Cr Revenue This Year & More

OYO has officially announced its foray into China, claims to have more 11,000 rooms on a franchised or manchised model across 26 cities including Hangzhou, Xian, Nanjing, Guangzhou, Chengdu, Shenzhen, Xiamen and Kunming among Others.

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#TodayDeals: WeWork to Raise Funds at $35B Valuation, Zomato Invests $15M in Bengaluru-based Loyal Hospitality & More

Zomato has committed to investing $15 million in Bengaluru-based Loyal Hospitality to expand its cloud kitchen operations in Bengaluru. The first tranche of $5 Mn has already been invested. Also Zomato is shutting down its own cloud kitchen operations under Zomato Infrastructure Services (ZIS).

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#TodayDeals: Vijay Shekhar Sharma, Shailesh Vickram Singh Launches $150M Green Fund & More

Paytm founder Vijay Shekhar Sharma and venture capitalist Shailesh Vickram Singh have joined hands to launch a $150-million environment protection-focused fund.

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#TodayDeals: World’s Highest-valued AI Company SenseTime Raises $620M & More

SenseTime raised $600 million last month in an Alibaba-led financing round.

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#TodayDeals: Xiaomi Launches Its First Lending Product in India & More

Chinese smartphone maker OnePlus is ramping up its offline presence in India.

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#TodayDeals: SoftBank Agrees to Sell Its 23.6% Stake in Flipkart & More

SoftBank has reportedly finally agreed to sell its 23.6% stake in the Indian eCommerce major Flipkart.

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#TodayDeals: Ola’s COO Vishal Kaul Quits, PayPal Acquires iZettle for $2.2B & More

Ola’s COO Vishal Kaul has resigned from the company and is in the process of moving on to a new organisation

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Samsung Ventures Invests $4.6M in Audioburst, Alibaba to Buy Ele.me, Synctag Gets Series A, Fitternity Bags Over $2M & More

Pune-based housing finance startup Altum Credo has received a commitment of Rs 64 crore from leading impact investor Aavishkaar Ventures and a group of HNIs

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