PolicyBazaar
Shares of Delhivery have dropped by over 32% since Thursday, tumbling below its issue price from May, after the Indian logistics firm posted muted quarterly business growth this week. Delhivery…
Zopper raises $75 million to solve India’s insurance problem
For more than half a decade, Zopper built a platform for small- and medium-sized businesses, helping merchants with invoicing and payments through its point-of-sale platform. It sold that IP to…
Online insurer Policybazaar says customer data was exposed by ‘unauthorized access’
Indian online insurer Policybazaar said on Sunday that it was subject to an unspecified security incident but found that “no significant” customer data was exposed — or in other words,…
Indian food delivery giant Swiggy has hired bankers as it gears up for an initial public offering next year, a source familiar with the matter said. The startup, which was…
Daily Crunch: Peloton CEO in hot seat, activist investor says ‘the ride for Mr. Foley is over’
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Paytm, Zomato, Nykaa and PolicyBazaar shares drop to record lows
Shares of Paytm, Zomato, PolicyBazaar and Nykaa — four Indian tech startups that went public last year — on Monday tumbled to their record lows since market debuts last year…
Paytm raises $1.1 billion from anchor investors in India’s blockbuster IPO
Paytm has raised $1.104 billion in India’s largest-ever anchor round as part of its initial public offering, which is also shaping up to be the nation’s largest, as the poster…
Paytm, one of India’s most valuable startups, is seeking to raise as much as $2.4 billion in what is shaping up to be the biggest initial public offering in the…
Zomato’s losses widen in first quarterly earnings since IPO
Zomato’s losses more than tripled in its first quarterly earnings report since its listing last month as the company’s expenses grew and the pandemic hit the firm’s dining-out business. The…
Indian online insurer PolicyBazaar files for IPO, seeks to raise over $800 million
Indian online insurance aggregator PolicyBazaar has filed for an initial public offering in which it is seeking to raise $809 million, becoming the fourth startup in the past two months…
Food delivery firm Zomato surges 65% in key India debut
Shares in Zomato, a Gurgaon-based food delivery company and first of India’s consumer tech startups to go public, closed up 65% in its debut day of trading in Mumbai, delivering…
SoftBank-backed Indian insurance platform Policybazaar raises $75 million
Policybazaar has raised $75 million as the Indian online insurance platform looks to expand its presence in UAE and Middle East. Sarbvir Singh, chief executive of Policybazaar, told TechCrunch that…
The coronavirus pandemic — and a handful of other factors — slowed dealmaking for startups in India this year. Compared to their record $14.5 billion fundraise last year, Indian startups…
Airbnb nears IPO as Asana and Palantir land their direct listings
World events have so far not stopped the enthusiasm for tech investing, and really, where else are those dollars going to go?
This Week in Apps: Google Play gets new rules, Apple launches app marketing tools, EU looks to rein in tech giants
Welcome back to This Week in Apps, the TechCrunch series that recaps the latest OS news, the applications they support and the money that flows through it all. The app industry is…
Indian patient-doctor platform DocPrime gets $50M for city expansion
Less than three months after it raised $200 million led by SoftBank’s mighty Vision Fund, Indian digital insurance startup PolicyBazaar beefed up its new healthcare business through a $50 million…
