Advertisements Fireside Ventures, which was incepted in 2017, has backed 33 D2C brands across the country. However, it now aims to venture into new spaces such as gaming and wants to double down on the menstrual and wellness space. BWBusinessworld… Read More ›
Advertisements Auditor Deloitte has raised concerns about inappropriately approved vendors and excessive payments at BharatPe, where its former MD and Co-founder Ashneer Grover has been accused of fraud and embezzlement. In its most recent annual report, BharatPe presented the statutory… Read More ›
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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
