Reliance Turns Startup Investor, Becomes Limited Partner In Kalaari Capital’s Fund
Reliance has been aggressively acquiring all manner of startups in the recent past — now it appears to want to involved in growing…
Category: Startups
New Crypto Startup Oxygen Gets $40 Million In Funding
Oxygen, a new crypto startup, has recently been invested in by Alameda to the tune of $40 million. This is a significant sum…
India’s Ride Hailing Industry Is Back To 63% Of Pre-Covid Levels: Report
Even as India opens up coronavirus vaccinations for its senior citizens, its startups are slowly limping back to normal. India’s ride-hailing industry is…
Bike Rental Startup Bounce Has Laid Off 80% Of Its Employees, Only 70 Employees Remain
Several sectors — most notably food delivery — seem to have recovered from the impact of the coronavirus lockdowns. But for many others,…
Construction Materials Startup Infra.Market Becomes India’s Latest Unicorn After $100 Million Fundraise
The diversity in India’s crop of unicorn startups continues to grow. Infra.Market has become India’s latest unicorn startup following a $100 million Series…
Zomato’s Valuation Rises To $5.4 Billion In Latest Fundraise, Up 38% From December Last Year
As the coronavirus lockdowns have eased, food-delivery companies seem to be coming back with a bang. Zomato has raised $250 million in its…
Daily Basket Creates Website BbIsABully After BigBasket Sends It Legal Notice Over The Word “Basket”
Once startups become large companies, they seem to very quickly assume the trappings that come with their increased stature. Big Basket, which is…
Tata Group Has Bought 68% Stake In Big Basket For $1.3 Billion
The Tata Group appears to have taken the first step in building its own super-app — and taking on Amazon, Flipkart and Jiomart….
Oyo Rooms’ Biggest Investor Softbank Pulls Out Of Its Latin America Joint Venture With The Company
Oyo’s overseas expansion wasn’t going quite as per plan even before the coronavirus pandemic had hit, and the pandemic and the lockdown and…