Info edge
Info Edge, reeling from Rahul Yadav’s startup loss, now writes off Bijnis
Info Edge, the largest shareholder in Bizcrum Infotech, the holding firm of Bijnis, has written off its entire investment in the Indian startup, citing “principles of conservatism and prudence,” in…
1K Kirana raises $25 million for its hyperlocal shopping and distribution platform
1K Kirana, an Indian startup that operates an eponymous hyperlocal shopping app and retail distribution network, has raised $25 million in a new financing round as it attempts to help…
Indian food delivery startup Zomato files for $1.1 billion IPO
Indian food delivery startup Zomato on Wednesday filed for an initial public offering, ushering a new era for tech unicorn startups in the world’s second-largest internet market after years of…
India’s Zomato raises $100M from Tiger Global, says it is planning to file for IPO next year
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…
Featured Article
Inside Prosus Ventures’ $4.5 billion bet on India
Prosus Ventures last week filed a hostile offer for British food delivery startup Just Eat, an attempt to defeat a unanimous rejection from its board and simultaneously fend off a bid from rival Takeaway. The giant Naspers spinoff said it was willing to pay as much as $6.3 billion in cash to lure Just Eat,…
India’s Restaurant Search App Zomato Raises $50M At $1B+ Valuation, Buys MaplePOS
Time to loosen Zomato‘s belt: the Indian startup whose restaurant search app is now used in 22 countries is growing some more. The company has raised $50 million more in funding,…
