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Mukesh Bansal seeks over $100M valuation in new venture’s maiden funding

Mukesh Bansal of Indian fashion e-commerce giant Myntra and fitness platform Cult.fit fame is evaluating a new venture. Even though he hasn’t yet decided on his exact plans for the new offerings

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 that is increasingly attr

Wheelocity raises $12 million for its supply chain network for fresh commerce in India

Wheelocity, an early-stage supply chain startup that handles fresh food supplies for quick commerce platforms in India, has raised $12 million in a new financing round as it gears up to broaden its pr

Daily Crunch: US dangles reward up to $10M for info on 6 elite Russian military hackers

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Lightspeed India Partners, investor in Byju’s, Udaan and Ula, eyes over $500 million for new fund

Lightspeed India Partners is looking to raise over $500 million for its fourth fund as one of the most successful venture funds in the world’s second largest internet market looks to double down

Indian edtech Teachmint raises $20 million to expand to new categories and geographies

As most Indian edtech startups work on broadening their catalog with live and recorded courses for students, some are beginning to take a different approach to tackle the South Asian nation’s la

Indian online learning giant Unacademy in talks to acquire Rheo TV

Indian online learning platform Unacademy is in advanced talks to acquire Rheo TV, a less than two-year-old startup founded by two former Unacademy employees, according to three sources familiar with

Indian online teaching platform Teachmint raises $16.5 million

An Indian startup that began its life after the global pandemic broke last year said on Tuesday it has concluded its third financing round as it enables hundreds of thousands of teachers in the world&

India’s first Earth-imaging satellite startup raises $5 million; first launch planned for later this year

Bengaluru-based Pixxel is getting ready to launch its first Earth imaging satellite later this year, with a scheduled mission aboard a Soyuz rocket. The roughly one-and-a-half-year-old company is movi

Lightspeed raises $275 million fund for India

Lightspeed India Partners on Tuesday announced it has closed $275 million from LPs for its third fund as the top American venture firm looks to ramp up its investments in the world’s second-largest