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Alteria Capital Closes Fund II At $177 Mn With Big Focus On Late-Stage B2C Companies

India, April 9 -- Venture debt firm Alteria Capital has announced the first close of its second fund at INR 1,325 Cr ($177 Mn) within four months of its launch, with a sharper focus on late-stage comp... Read More


Here Are The Nine Indian Startups That Entered The Unicorn Club In 2021

India, April 9 -- It's raining unicorns in India. Nine startups have already made it to the list in the first four months of 2021 and more will be riding in pretty soon as India is bound to raise $13.... Read More


Electric Vehicles This Week: Tesla Scouts Showrooms In India; Flipkart's EV Transition & More

India, April 8 -- Elon Musk-led electric vehicles (EV) giant Tesla is reportedly on a lookout for showroom space in three Indian cities. It has hired executives to lead its lobbying and business effor... Read More


Used Cars Marketplace Spinny Bags $65 Mn To Take On Cars24, CarDekho & Co

India, April 8 -- Gurugram-based online used cars marketplace Spinny has raised $65 Mn in a Series C funding round led by Silicon Valley-based venture capital firm General Catalyst, an early backer of... Read More


Chiratae, Blume-Backed India DeepTech Unveils First Cohort With Nine Startups

India, April 7 -- India DeepTech (IDT) has announced the cohort for its first accelerator, consisting of nine stage deeptech companies working across automation, robotics, biotech, genomics and cybers... Read More


Debt Investor Trifecta Turns To Equity Investments With $200 Mn Fund

India, April 7 -- Indian venture debt firm Trifecta Capital has said that it is planning to launch a INR 1,500 Cr ($202 Mn) late-stage venture capital fund named Trifecta Leaders Fund I to make equity... Read More


Venture Debt Specialist Trifecta Turns To Equity Investments With $200 Mn Fund

India, April 7 -- Indian venture debt firm Trifecta Capital has said that it is planning to launch a INR 1,500 Cr ($202 Mn) late-stage venture capital fund named Trifecta Leaders Fund I to make equity... Read More


PharmEasy Raises Massive $350 Mn Round; Becomes India's First Epharmacy Unicorn

India, April 7 -- API Holdings, the parent company of epharmacy startup PharmEasy, has become the first India epharmacy company to enter the unicorn club. API Holdings has raised $323 Mn in a Series E... Read More


FinMin Claims Major 'Stand Up India' Gains, But Where Are The Women-Run SMBs?

India, April 5 -- Even as there are questions being raised about the efficacy of fund disbursal under the Startup India scheme and the success of the Digital India mission, the finance ministry on Sun... Read More


Matrix, 021 Capital Back Stealth Mode Edtech Startup Crejo.Fun In $3 Mn Pre-Seed Round

India, April 5 -- Stealth mode edtech startup Crejo.Fun has secured INR 22 Cr (about $3 Mn) in a pre-seed funding round from Matrix Partners India and Flipkart cofounder Binny Bansal-backed venture ca... Read More