An Indian upstart co-founded by a group of journalists, which seeks to disrupt how people follow news and what they consume, has raised funds as it prepares to accelerate its growth and broaden its of
Fitness platform Ultrahuman has officially announced a $17.5 million Series B fundraise, with investment coming from early stage fund Alpha Wave Incubation, Steadview Capital, Nexus Venture Partners,
Indian food delivery startup Zomato has raised $100 million from Tiger Global and is preparing for the next phase of its journey: an IPO. Tiger Global financed the capital through its investment vehic
Indian food delivery startup Zomato has raised $62 million from Temasek, resuming a financing round that it originally expected to close in January this year. Singapore’s state investment arm Te
Food delivery startups in India have been struggling to make financial sense for years. They have each lost as much as $50 million a month to win and sustain customers by offering heavy discounts. And
Zomato, an India-headquartered food delivery startup, is cutting 13% of its workforce and enforcing a pay cut for remaining employees. The moves come as it looks to reduce costs and survive the corona
More than six dozen startup founders, venture capitalists and lobby groups in India have requested the government to grant them a “robust relief package” to help combat severe disruptions their bu
Just three months after capping what was the best year for Indian startups, having raised a record $14.5 billion in 2019, they are beginning to struggle to raise new capital as prominent investors urg
Uber is in advanced stages of talks to sell its food delivery service Uber Eats in India to local rival Zomato as the American ride-hailing giant looks to cut its global spending, three people familia
Zomato, the India-based restaurant discovery site, has closed $70 million in new funding as it looks to push into new verticals including food delivery, payments, table reservations and more.