Author Archives
-
InfoEdge Hires Deloitte To Audit Its Proptech Arm 4B, Founder Fails To Share Info On Trans
Advertisements InfoEdge, a consumer Internet company, has initiated a forensic examination of its portfolio company 4B Networks, founded by Housing.com’s Rahul Yadav, for failing to disclose information of financial transactions and related-party activities when requested by the investor. InfoEdge said… Read More ›
-
Indian Cricketer KL Rahul Joins Hyugalife As Investor, Ambassador
Advertisements Indian cricketer, KL Rahul joined Hyugalife.com as investor and ambassador. Speaking about this collaboration, KL Rahul stated, “Fitness is not just a fleeting trend but a lifestyle. It’s not just about looking good or performing well, it’s also about… Read More ›
-
Aurum PropTech Acquires 100% Stake In NestAway
Advertisements Aurum PropTech (previously Majesco), on Friday, approved the acquisition of up to a 100 per cent share in NestAway Technologies for up to Rs 90 crore. According to a statement Aurum PropTech acquired HelloWorld from NestAway in June of… Read More ›
-
iDesign.Market Raises Funding From A Host Of Investors
Advertisements iDesign.Market, a Software as a Service (SaaS) startup catering to Interior and Construction Companies, has raised USD 200,000 in a pre-seed funding round. The investment comes from Jaipur Rugs, and a consortium of angel investors. The fresh funds will… Read More ›
-
KKR Moves India MD To Singapore To Lead Southeast Asia PE Division
Advertisements According to media reports, KKR & Co plans to move its managing director from India to Singapore to manage the firm’s Southeast Asia private equity division. Prashant Kumar, who has been with KKR in Mumbai since 2018, will relocate… Read More ›
-
Brookfield Invests $360mn In Renewable Energy Company CleanMax
Advertisements Mumbai-headquartered renewable energy company CleanMax Enviro Energy Solutions has bagged around USD 360 million in an equity round from Brookfield Renewable through the Brookfield Global Transition Fund. The renewable firm, said in a statement that it will utilise the… Read More ›
-
SaaS Platform Zendesk Lays Off 320 Employees
Advertisements Zendesk, a software-as-a-service (SaaS) platform, recently stated that it will lay off 8 per cent of its workforce, or approximately 320 workers, because macroeconomic conditions have not changed. It said to have in an increasingly competitive marketplace. He told… Read More ›
-
Janus Henderson Cuts PharmEasy’s Valuation To $2.7bn
Advertisements According to regulatory filings with the US Securities and Exchange Commission (SEC), global asset management firm Janus Henderson has further reduced the valuation of its investment in Mumbai-based online pharmacy PharmEasy’s parent company API Holdings. Janus Henderson funds evaluated… Read More ›
-
Google, Others Invest $36mn In Spacetech Startup Pixxel
Advertisements Pixxel, a company that has launched private commercial satellites in space, has announced a USD 36 million investment in a Series B funding round. The funding round includes participation from new investors, such as Google, along with existing investors… Read More ›
-
SaaS Accelerator Upekkha Funds 29 Startups For Its Accelerator Program
Advertisements Upekkha, a SaaS accelerator and fund, has selected 38 startups from over 500 applications for its accelerator program, despite funds slowing down across the globe. Out of which it funded around 29 last year. It has funded startups in… Read More ›
