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Org Chart: The People With Power At IPO-Bound Zomato

India, May 18 -- Food aggregator unicorn Zomato's $1.1 Bn or INR 8,250 Cr initial public offering (IPO) scheduled for this year is one of the much-awaited events in the startup ecosystem. The company ... Read More


Tiger Global To Lead $20 Mn Round For Rishi Vasudev's Thrasio-Style Venture GOAT Brand Labs

India, May 18 -- New York-based investment firm Tiger Global has reportedly bet big bucks on Rishi Vasudev's latest fashion and retail venture named GOAT Brands Labs, which will acquire lifestyle bran... Read More


Tiger Global To Lead $20 Mn Round For Rishi Vasudev's GOAT Brand Labs

India, May 18 -- New York-based investment firm Tiger Global has reportedly bet big bucks on Rishi Vasudev's latest fashion and retail venture named GOAT Brands Labs, which will acquire lifestyle bran... Read More


Indian Sovereign Fund NIIF To Buy Out FirstCry's Existing Investors Stakes

India, May 18 -- Pune-based kidswear ecommerce unicorn FirstCry is reportedly in talks with Indian sovereign wealth fund called National Investment and Infrastructure Fund (NIIF) to raise $150 Mn-$200... Read More


B2B Marketplace Moglix Enters Unicorn Club With $120 Mn Series E

India, May 17 -- Industrial B2B marketplace Moglix is the latest startup to join the unicorn club, as the company has announced its $120 Mn funding round today (May 17) at a valuation of $1 Bn. The S... Read More


FHRAI To Represent Member Hotels In OYO Insolvency Case

India, May 17 -- The National Company Law Appellate Tribunal (NCLAT) has allowed the Federation of Hotel and Restaurant Associations of India (FHRAI) to intervene in the OYO subsidiary's insolvency ca... Read More


How CarTrade's IPO Will Change The Shareholding Structure In The Company

India, May 17 -- Mumbai-based online auto classifieds startup CarTrade filed its Draft Red Herring Prospectus (DRHP) with the Indian market regulator Securities and Exchange Board of India (SEBI) last... Read More


Edtech Startup For Healthcare Practitioners Virohan Bags $3 Mn

India, May 17 -- Gurugram-based Virohan, which is an edtech startup providing vocational training for paramedics and allied healthcare practitioners, has raised $3 Mn in Series A funding round led by ... Read More


After April Boom, Indian Startup Funding Drops 95% In First Half Of May 2021

India, May 15 -- After a glorious April 2021, Indian startup funding has gone for a toss this month as the country is facing the worst healthcare crisis it has ever seen, with Covid-19 cases rapidly i... Read More


Despite 34 Mn Users, Disney+ Hotstar Pulls Down Disney+'s ARPU By 30%

India, May 14 -- Video streaming platform Disney+Hotstar has weighed on the average revenue per user for Disney+ for the quarter ended April 3, 2021. Disney+ Hotstar operates only in India and Indones... Read More