Flipkart to Acquire Cleartrip for $40 Million
Flipkart is in talks to acquire Cleartrip, one of the oldest travel booking portals in India, two people in the know said, as the Walmart-owned...
Category : STARTUPS
Pine Labs Acquires Payments Platform Fave for $45 Million
Pine Labs has acquired payments platform Fave in a deal worth $45 million. The consolidation will help the merchant commerce startup build a consumer vertical...
Hero Group Starts Edtech Startup, Hero Vired
Hero Group has launched a new edtech startup, Hero Vired, aimed at tapping students who have completed schooling. “India faces a unique employability paradox where...
Six New Unicorns in India Raised $1.55 Billion
Six new Indian startups raised $1.55 billion (Rs 11,580 crore) to enter the unicorn club between April 5 and April 9, in what has been...
Alteria Capital Raises Rs 1,325 Crore for Its Second Fund
Alteria Capital said on April 9 that it has raised Rs 1,325 crore for its second fund to provide loans to startups, the latest sign...
Mohalla Tech, Gupshup Enters Unicorn Club
Mohalla Tech the parent company behind social media platforms such as Moj and ShareChat, and Gupshup-a smart-messaging platform provider became the latest to earn the...
OfBusiness Raises $110 Million Led by Falcon Edge
OfBusiness, which lends to small enterprises by providing raw material in addition to just capital, said on April 8 that it has raised $110 million...
Clubhouse in Talks to Raise Funds at $4 Bn Valuation
Social audio app Clubhouse is in discussions to raise funds at a valuation of abo, citing people familiar with the matter. A deal at that...
Flipkart Aims for IPO in Fourth Quarter of 2021
Flipkart, the Indian e-commerce giant controlled by Walmart Inc., is making progress toward an initial public offering (IPO) as soon as the fourth quarter of...
Credit Suisse Takes $4.7 Billion Charge Due to Hedge Fund
Credit Suisse Group AG will take $4.7 billion writedowns tied to the implosion of Archegos Capital Management and replace more than half a dozen executives...
