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Drip Capital raises $113 mn in a mix of equity and debt

New Delhi, Sept. 5 -- Accel-backed Drip Capital, a digital cross-border trade finance platform for small and medium businesses (SMBs), has raised $23 million in equity in a fresh round of funding, alo... Read More


Early-stage investor Relentless VC elevates exec to partner

New Delhi, Sept. 5 -- Relentless VC, a micro venture capital firm focused on early-stage investments, has promoted a principal to the role of partner. The Bengaluru-based investor, which has backed s... Read More


Rapido bags $200 mn in Series E funding, enters unicorn club

New Delhi, Sept. 5 -- Ride-hailing platform Rapido on Thursday said it has raised $200 million in fresh funding as a part of its Series E round that valued it about $1.1 billion. Its existing investo... Read More


Yatra acquires corporate travel player Globe Travels for $15 mn

New Delhi, Sept. 3 -- Nasdaq-listed travel agency Yatra Online has agreed to acquire corporate travel services provider Globe Travels from forging company Ramkrishna Forgings Ltd for a cash considerat... Read More


CarDekho backs fleet management services company Carrum

New Delhi, Sept. 3 -- Automobile marketplace CarDekho has invested an undisclosed amount in fleet management services company Carrum, founded by Revv's former co-founder Karan Jain, it said in a state... Read More


General Catalyst leads $340 mn funding in Zepto as valuation soars

New Delhi, Aug. 30 -- Zepto has raised fresh funding, barely two months after its last round of fundraising, lifting the valuation of the quick commerce startup to $5 billion (nearly Rs 42,000 crore),... Read More


Swiggy hires Flipkart exec to lead quick commerce vertical Instamart

New Delhi, Aug. 29 -- IPO-bound Swiggy has appointed Amitesh Jha as the chief executive of its quick commerce unit Instamart, ahead of the food delivery company's potential listing later this year. J... Read More


How juicy was Nexus Venture Partners' third portfolio exit move this year?

New Delhi, Aug. 23 -- Nexus Venture Partners, which has raised more than $2 billion across its seven India and US-focused venture capital funds and garnered $700 million for its last outing, has hit t... Read More


Automation platform Opkey snags $47 mn in Series B round

New Delhi, Aug. 22 -- Testing automation platform Opkey has raised $47 million in a Series B round of funding from US-based growth equity firm PeakSpan Capital. It also saw participation from previou... Read More


Water purifying brand Livpure raises $28 mn in fresh capital

New Delhi, Aug. 21 -- Water purifying brand Livpure Wednesday said it has raised Rs 233 crore ($27.7 million) in fresh funding from London-based investment firm M&G Investments and its parent SAR Grou... Read More