Elevation Capital
ShareChat is in final stages of deliberations to secure about $50 million in new funding that trims the startup’s valuation to as low as below $1.5 billion, according to two…
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India’s top VCs face fresh obstacles as startup investment plummets
High-flying venture investors in India managing hundreds of millions of dollars are tempering expectations, making early-stage startup bets that in best-case scenarios they hope will return 3-5x invested capital. Several leading India investors, including Peak XV Partners, Elevation Capital, Lightspeed, Nexus and Accel, have raised $500 million-plus in the past two years, emboldened by earlier…
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For VCs in India, bank is the new hot investment
Several Indian startups, along with venture capital funds and private equity investors, are scrambling to build investment strategies as they race to tap into a rare available opportunity in the nation: banks. Premji Invest, Multiples, Zerodha, Gaja Capital and MobiKwik are among those who are evaluating an investment in Nainital Bank, a subsidiary of Bank…
FrontRow, a hobby-learning and community platform featuring celebrities in India, has shut down, TechCrunch has learned and confirmed. The three-year-old startup sought to build a community where well-known artists and…
Backed by Elevation Capital, Profit.co helps companies execute OKRs
Developed by Andy Grove at Intel in the 1970s, OKR is now one of the most popular management methodologies. OKR, which stands for “objectives and key results,” helps companies achieve…
Goodera makes corporate volunteering events easier, even for remote and hybrid workplaces
Corporate volunteering is on the rise as a way to increase a company’s social impact while boosting employee engagement. Managing volunteer programs, however, can get tricky. Goodera wants to make…
Sacca’s Lowercarbon doubles down on startup bringing solar modules to Indian rooftops
Chris Sacca’s Lowercarbon is doubling down on a startup that is racing to bring solar modules to rooftops in India. SolarSquare said on Thursday it has raised $13 million in…
Lightspeed raises $500 million for its new India and Southeast Asia fund
Lightspeed has raised $500 million for its newest India and Southeast Asia fund, its largest for the regions, as it looks to make deeper investments in the South Asian market…
Turnip raises $12.5 million for its mobile-first gaming community platform
Turnip, an Indian startup that is building a mobile-first gaming community platform, has raised $12.5 million in a new financing round to deepen its footprint in India and dozens of…
Stripe has made its second investment in India, just days after disclosing the first. One of the world’s most valuable startups has backed Bangalore-based SaaS fintech firm Clear, the two…
Elevation Capital, General Catalyst lead $12M round into health insurance startup Loop Health
Loop Health provides ongoing virtual care with an insurance component so that a person shouldn’t have to go into the hospital unless necessary.
FloBiz raises $31 million to scale its neobank for small businesses in India
FloBiz, an Indian startup that is building a neobank for small- and medium-sized businesses in the South Asian market, said on Monday it has raised $31 million in a new…
Financial concierge startup Zeni banks $34M to show SMBs their finances in real time
Zeni’s AI-powered finance concierge platform offers bookkeeping, accounting, tax and CFO services, essentially becoming a back-end controller for startups.
Swedish gaming firm MTG acquires India’s PlaySimple for $360 million
Swedish gaming giant Modern Times Group (MTG) has acquired Indian startup PlaySimple for at least $360 million, the two firms said Friday. MTG said it will pay 77% of the…
How big is the market in India for a neobank aimed at teenagers? Scores of high-profile investors are backing a startup to find out. Bangalore-based FamPay said on Wednesday it…
Zomentum raises $13 million to scale its sales acceleration platform for IT channel partners
Most small businesses, which form the backbone of an economy, today don’t have the resources to handle their IT needs. Take restaurants, for example. They have likely outsourced this job…
