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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…
A number of venture investors and startups are engaging with Bank of Baroda to acquire a stake in the lender’s subsidiary Nainital, according to people familiar with the matter. Premji…
Ikigai lands $25M investment to bring generative AI to tabular data
Organizations are awash in data, but struggle with a host of challenges to actually use, organize and analyze that data. According to one estimate, companies will store 100 zettabytes of…
SpotDraft shows that contract lifecycle management remains profitable, raises $26M
VCs see a rich opportunity in tools to manage the contract lifecycle. Two years ago, startups developing software that helps draft, manage and review contracts raised over $70 million in…
India’s KreditBee raises $80 million from Azim Premji’s Premji Invest, Motilal Oswal Alternates, among others
The digital loans business in India has been the subject of a lot of controversy, not least for over-predatory and un-transparent practices, yet that’s existed alongside the rise of a…
Web developers have to run hundreds of tasks and they are able to do so on their own machines. But when a developer firm — at a scale — has…
SoftBank leads cash infusion into AI infrastructure company Pyxis One as it starts year with new name
Prior to starting Pixis, the co-founders spoke to potential marketing customers about how to scale SaaS companies quickly in a “cookie less” world.
India’s GlobalBees joins unicorn club for its Thrasio-like house of brands
GlobalBees, which raised one of the largest Series A financing rounds in India earlier this year, has entered the unicorn club as the New Delhi-headquartered firm scales its Thrasio-like house…
Heyday raises $555M to buy up and scale more D2C brands in the Amazon marketplace universe
Consolidation to have better economies of scale is one of the biggest themes in the world of e-commerce, and today a player in the world of online retail is announcing…
Edtech startup BrightChamps, valued at nearly $500 million, comes out of stealth mode
BrightChamps, an Indian edtech startup that is attempting to bridge the learning gap left by K12 schools, said on Monday it has raised $51 million in a new financing round…
Amazon backs Indian wealth management service Smallcase in $40 million funding
Amazon has entered the financial services and insurance markets of India in recent years. Now it is paving the way to foray into the wealth management category. The American e-commerce…
