Edtech Startup Doubtnut Bags $31 Mn, SIG Investments Leads The Round

India, Feb. 25 -- Edtech startup Doubtnut has raised INR 224 Cr (about $31 Mn) in a round led by Hong Kong-based venture capital firm SIG Investments and James Murdoch's Lupa Systems. Existing investo... Read More

Sequoia Capital Looks To Raise Second India-Focused Seed Fund

India, Feb. 25 -- Silicon Valley-based early-stage investor Sequoia Capital is in the market to raise its second India-focused seed fund, according to the company's filings with the US Securities and ... Read More

Paytm Money's Former Chief Pravin Jadhav Unveils His New Fintech Venture, Bags Funding

India, Feb. 25 -- Former Paytm Money CEO Pravin Jadhav's new startup Raise Financial has raised a seed round from Mirae Asset Venture Investments, Blume Ventures's Founders Fund and US-based early-sta... Read More

Decoding India's Digital Media Guidelines: Govt Issues Strict Rules For Twitter, Facebook, Netflix, Amazon Prime

India, Feb. 25 -- Tightening the noose around digital media players in the country, the union government today came up with guidelines that would require social media apps like Twitter, Facebook, and ... Read More

ShareChat Explores Raising $200 Mn Debt From Chinese Firm Tencent

India, Feb. 25 -- Indian vernacular social media platform ShareChat is reportedly in talks to raise $200 Mn from Chinese tech giant Tencent through optionally convertible debentures (OCDs). According... Read More

Fintech Unicorn Razorpay Plans To Raise $200 Mn From GIC, Others At $2 Bn Valuation

India, Feb. 25 -- Bengaluru-based payments gateway Razorpay, which entered the unicorn club last October, is now looking to raise another $150 Mn-$200 Mn funding at a valuation of $2 Bn. The company i... Read More

Infra.Market Enters The Unicorn Club, After Raising $100 Mn From Tiger Global

India, Feb. 25 -- Infra.Market has entered the unicorn club, after raising $100 Mn in a Series C funding round led by Tiger Global. Accel Partners, Nexus Venture Partners, Evolvence India Fund, Sistem... Read More

Hybrid Events Startup Hubilo Raises $23.5 Mn In Series A Round Led By Lightspeed

India, Feb. 25 -- Ahmedabad and San Francisco-based events startup Hubilo has raised $23.5 Mn in a Series A round led by Lightspeed Venture Partners. The round saw participation from the UK's Balderto... Read More

Pixxel Hits A Technical Snag, Delays Earth-Imaging Satellite Launch Again

India, Feb. 24 -- Bengaluru-based spacetech startup Pixxel, scheduled to launch India's first earth-imaging satellite into space on Feb 28 this year as part of ISRO's PSLV C51 mission, seems to have h... Read More

RBI Governor Shaktikanta Das Indicates More Trouble For Private Cryptocurrencies, Before Govt Launches Its Own

India, Feb. 24 -- RBI governor Shaktikanta Das today said the regulator is working on developing its own digital currency. The central bank is currently working on both technologies as well as the pro... Read More