Advertisements Shardeum, a sharded blockchain compatible with Ethereum Virtual Machine (EVM), has raised USD 5.4 million in a strategic round led by Amber Group, Galxe, J17 Capital, TRGC, Jsquare, Bware Labs, Tané Labs, Hyperithm Group, Luganodes, Blockchain Ventures Hub, CryptoViet… Read More ›
Investors
Premji Invest, Others Invest Rs200cr In Jewellery Brand Giva
Advertisements Giva Jewellery, a fine silver jewellery brand, today raised Rs 200 crore in Series B funding led by Premji Invest to innovate further and expand its product categories and offerings. The round also saw participation from existing investors Aditya… Read More ›
SoftBank To Sell Stake In Paytm, Zomato: Report
Advertisements According to media reports, SoftBank, a Japanese conglomerate is reportedly aiming to make profits by selling small holdings in Zomato and One97 Communications, the parent company of Paytm, benefiting from the recent increase in both companies, which has made… Read More ›
Chip Maker Micron Flags Huge Dip In Revenue From China Ban
Advertisements Micron Technology warned of a bigger blow to global sales from a Chinese restriction on the sale of its chips to important domestic businesses on Friday, sending the company’s shares down more than 2 per cent in early trading. Micron… Read More ›
Sequoia Capital Leads $5.7mn Seed Round For Defence Startup Mach Industries
Advertisements Defence company Mach Industries has raised USD 5.7 million in a seed round led by Sequoia Capital, the first-ever defence tech investment in the venture capital firm’s history. The investment of a technology that hopes to use hydrogen generation… Read More ›
HomeLane Snags Rs75cr In Bridge Round
Advertisements HomeLane, a home interior solutions startup, said that it has closed a bridge round of Rs 75 crore from its current investors. The Bengaluru-based startup has so far raised USD 115 million in total, including primary and secondary funds…. Read More ›
ChrysCapital Infuses $100mn In Eyewear Brand Lenskart
Advertisements Eyewear brand Lenskart has scooped up USD 100 million from ChrysCapital via primary and secondary share purchases. This latest investment brings Lenskart’s total capital infusion to nearly USD 850 million within the past year. In March, the company announced… Read More ›
Tiger Global’s Former CEO Lee Plans To Raise $1.5bn For His VC Firm Addition
Advertisements Lee Fixel’s Addition plans to raise a USD 1.5 billion venture capital fund, as the former Tiger Global CEO continues to collect big quantities of money despite the market recession. In a securities filing, Fixel’s Addition declared the fundraising goal. It… Read More ›
Peak XV Achieves 16x Return On Investment In Go Fashion: Report
Advertisements According to reports, Peak XV Partners (previously Sequoia Capital India and Southeast Asia) has generated a huge 16X return on its entire investments in Go Fashion, the parent business of Go Colours, a popular women’s apparel brand. On Monday,… Read More ›
Byju’s To Launch Aakash In 2024
Advertisements Byju’s will launch the Initial Public Offering (IPO) of its subsidiary, Aakash Education Services Limited (AESL) mid next year, the company said on Monday. AESL’s revenue is on track to reach Rs 4,000 crore with an EBITDA of INR… Read More ›