LiveCredit 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...
Category : STARTUPS
Cred Turns Unicorn at $2.2 Billion Valuation
Fintech platform Cred has raised $215 million in its Series D round of funding for a post-money valuation of $2.2 billion, making it India’s newest...
Swiggy Gets $800 Million in Funding at $5 Billion Valuation
Online food delivery platform Swiggy has raised $800 million from investors led by Falcon Edge, Amansa Capital, Think Investments, Carmignac, and Goldman Sachs, the company’s...
PlayShifu Raises Rs 124 Cr in Series B Round
PlayShifu has raised Rs 124 crore in its Series B round of funding, valuing it at Rs 480-500 crore. While the round was led by...
Byju’s Buys Offline Test Prep Firm Aakash
Byju’s, India’s dominant edtech startup, is acquiring offline test prep leader Aakash Educational Services to accelerate offline growth, it said in a statement on Monday....
Startup Funding in Q4 FY21 Stood at $3.65 Billion
A series of large financing rounds for some of India’s best-known startups has propelled the flow of risk capital into the sector to a high...
India’s Top Pharma Majors in Talks to Buy Pharmarack
India’s top pharmaceutical majors, including Sun Pharma, Cadila Healthcare, Lupin, and Torrent Pharma, are in talks to acquire business-to-business healthcare platform Pharmarack, according to multiple...
HealthPlix Raises $13.5 Mn Led by Lightspeed
Health-tech start-up HealthPlix Technologies has raised $13.5 million as part of its ongoing Series B funding led by Lightspeed, with participation from existing investors JSW...
MobiKwik Denies Data Breach of 3.5 Million Users
Digital wallet and payments company MobiKwik, reportedly planning an initial public offering (IPO) around September this year to raise $200-250 million, on Monday denied claims...
PE Investors Pump $315 Million Into Firstcry
A consortium of private equity investors – TPG, ChrysCapital, and Premji Invest has invested around $315 million in Firstcry, valuing the omnichannel children’s retailer at...