Advertisements Sales automation software-as-a-service (SaaS) platform LeadSquared on Tuesday announced it has raised $153 million in a Series C funding round from WestBridge Capital to become a new unicorn (valuation of $1 billion and above) in the country. India is… Read More ›
Unicorns
Edtech Unicorn PhysicsWallah Enters Into Offline Space
Advertisements PhysicsWallah forays into offline space, launches first offline hub PW Vidyapeeth in Kota, Rajasthan. PhysicsWallah’s offline centre will be enrolling Year 11 and 12 students who wish to prepare for the JEE and NEET exams. This development comes amid… Read More ›
ShareChat Raises USD 255 Mn From Google, Times Group, Others; Valued At USD 5 Bn
Advertisements Home-grown social media company ShareChat on Thursday said it has raised USD 255 million in funds from Google, Times Group, and Temasek, and reached USD 5 billion in valuation with its multi-tranche funding round. In the first part of the round, ShareChat had raised USD 266… Read More ›
Sequoia-Backed Cosmetics E-Retailer Purplle Enters Unicorn Club
Advertisements Sequoia- backed beauty startup, Purplle, entered the Unicorn club after securing USD 33 Mn in its Series E funding round. The round was led by South Korean VC firm, Paramark Ventures. Pre-existing backers including Premji Invest, Blume Ventures and… Read More ›
Healthtech Unicorn Pristyn Care Acquires Tiger Global-Backed Lybrate
Advertisements With this partnership, Pristyn Care’s plans to expand its existing health-tech capabilities and offerings in primary care. Lybrate’s 150 employees will be joining Pristyn Care. With this acquisition, Pristyn Care is looking to add doctor consultation online services and… Read More ›
Edtech Startup PhysicsWallah Raises USD 100 Mn, Becomes New Unicorn
Advertisements Edtech startup PhysicsWallah has raised $100 million in Series A funding from Westbridge and GSV Ventures, becoming India’s 101st unicorn and the first edtech player to achieve this milestone, the company announced on Tuesday. Once the transaction is completed,… Read More ›
Edtech Unicorn Eruditus Cuts Workforce; Lays Off 40 Employees
Advertisements In all, there are 80 employees leaving edtech, 40 voluntarily entering their papers, said Ashwin Damera, Co founder and CEO of Eruditus. The edtech unicorn has halved its talent acquisition team to move forward with plans to reduce hiring… Read More ›
Fintech Unicorn Slice Raises USD 50 Mn Funding Led By Tiger Global
Advertisements Fintech unicorn Slice has raised $50 million as part of its larger series C round led by Tiger Global, along with participation from its existing investors -Moore Strategic Ventures and Insight Partners, and a new investor – GMO Venture… Read More ›
VerSe Innovation Raises USD 805 Mn in Latest Funding Rounds Hitting Valuation Of USD 5 Bn
Advertisements VerSe Innovation, India’s biggest local language technology platform, today announced it has raised & signed definitive documents for USD 805 million in latest funding rounds from marquee global investors Canada Pension Plan Investment Board(CPP Investments), Ontario Teachers’ Pension Plan Board (Ontario Teachers’), Luxor Capital, Sumeru Ventures and others. Existing investors Sofina Group, Baillie… Read More ›
Good Glamm Group creates Good Creator Co; acquires Vidooly & Winkl
Advertisements India’s leading Influencer management, marketing and analytics platforms Plixxo, MissMalini, Winkl and Vidooly have come together as the Good Creator Co, India’s largest creator ecosystem. This announcement also unveils the stealth mode acquisitions of Winkl and Vidooly by the… Read More ›