Advertisements Bengaluru-based SaaS unicorn Leadsquared had a total loss of Rs 161.19 crore in the financial year 2022-23 (FY23), compared to a loss of Rs 61.94 crore in the previous year. The company’s total revenue increased from Rs 200.57 crore… Read More ›
Advertisements Quick commerce company Zepto, the first Indian unicorn of 2023, experienced a significant increase in revenue in fiscal year 2023 (FY23), despite higher losses. Zepto’s revenue grew more than 14 times to Rs 2,024 crore in the financial year… Read More ›
Advertisements Ranjan Pai, a seasoned investor is set to invest in Purplle, an ecommerce marketplace of cosmetics and personal care items, by purchasing JSW Ventures’ shares in the company for between Rs 60 and Rs 70 crore. This would be… Read More ›
Advertisements Mumbai-based Unicorn India Ventures (UIV), an early-stage fund house with a pan India presence, has marked the first close of its Rs 1000 crore Fund III. The first close is reached at Rs 225 crore and final close is… Read More ›
Advertisements Web3 cybersecurity startup Zyber 365 announced a significant milestone on Tuesday, as it successfully raised USD 100 million in its Series A funding round from the UK-based SRAM & MRAM Group. The investment has propelled Zyber 365’s valuation to… Read More ›
Advertisements Healthtech unicorn Innovaccer has laid off about 15 per cent of its workforce across teams in India and US. As per reports, the company plans to deprioritize certain areas and offerings and has hence taken this step. According to reports, the company… Read More ›
Advertisements Software-as-a-Service (SaaS) unicorn Icertis on Monday said that Silicon Valley Bank has invested $150 million in funding in the form of a revolving credit facility and convertible financing from Silicon Valley Bank. Silicon Valley Bank, a commercial bank, is… Read More ›
Advertisements Masayoshi Son, Founder and CEO of Japanese investment group Softbank, on Monday warned unicorns and startups to prepare for a harsh and longer funding winter ahead, as the company posted disastrous results for the second straight quarter this year…. Read More ›
Advertisements Anchored by the IIT Alumni Trust, IvyCap Ventures Advisors was founded by Vikram Gupta. A seasoned investor with 25 years of experience in diverse business settings, Vikram worked in Private Equity, Business Consulting, M&A, Strategy and Operations in Healthcare… Read More ›
Advertisements FPL Technologies, an Indian startup that offers credit cards to customers under the brand name OneCard, is the latest in the South Asian market to join the unicorn club following a new round of funding. Singapore’s Temasek, one of… Read More ›
