Funding

Clubhouse Valuation Soars To Jaw-Dropping $4 Billion With In A Year Of Founding

Clubhouse, the invite-only audio-based social networking app, skyrocketed in popularity after a majority of netizens discovered the platform amid a pandemic. Since then, many gone to dub the app as the ‘future of social media’ while it continues growing...

Indian Startups Close FY21 Strong With $3.65 Billion In Funding!

A series of large financing rounds, amounting to $3.65 billion made their way into some of the best Indian startups in Q4 FY21. This is a straight forward increase of $430 million from $3.22 billion in Q4 FY20. The capital...

Indian Startups Funding Q1 2021: Attracted 40% More, Amounting To $4.2 Billion [REPORT]

After suffering through a year plagued with lockdowns, business slowdown and layoffs, Indian firms have begun 2021 on a positive note. According to the data released by Venture Intelligence, Indian companies have been able to garner a whopping $11.9 billion...

Delhi HC’s New Ruling To Give Indian Startups The Much-Needed Break From Angel Tax!

The Delhi HC has awarded Indian startups with a much-needed respite from angel tax! Many startups, for a variety of reasons, are extremely overvalued at times. However, the Delhi High Court has refused to tag them all as bad apples. Quite...

Exclusive: PhonePe Raises ₹5,000 Crore At A Valuation of ₹45,000 Crore

The digital payment company PhonePe has raised Rs 5,000 crore (approx $690 million) in a fresh round of funding. After the new round of investment, the company is now valued Rs 45,000 crore (post-money valuation) that will help the...

Chinese Investment In Indian Startups Is Now A Distant Dream

When the Indian Government changed its FDI policy in late April, China got handed the short end of the stick for investing in India’s homegrown companies. Now, following up on the same, over a hundred applications from Chinese investors seeking...

The Grim Reality Of Indian Startups: Only 12% Left With Cash Runway of Less Than One Month!

Previously, in the month of April when the lockdown was still in effect, Dazeinfo reported how the spread of the Coronavirus pandemic was severely affecting Indian startups by causing their financial runway to keep shrinking in a rapid pace....

Will The Absence Of Chinese Funding Cripple The Indian Startup Ecosystem?

The Indian startup ecosystem, amid the growing tensions between India and China’s relationship from the past few months, is now in rocky waters when it comes to raising capital. Needless to say, top startups of the nation such as...

Major Investments in Reliance Jio 2020

The above graph represents all major investments in Reliance Jio platforms in 2020. Surprisingly, in less than 3 months, since April 22, 2020, Mukesh Ambani owned Jio Platforms raised Rs 152,055.45 crore from 13 global investors include Facebook (April...

Microsoft To Invest In Paytm: What’s On The Cards?

Looks like India startups have suddenly become hot favourites for US tech giants. After the big announcement of Reliance Jio Facebook investment deal that took place last week, it's time for Microsoft to invest in Paytm. Paytm, one of the...

Latest News

A Big Blow To Amazon and Flipkart: CCI Investigation To Continue

Flipkart and Amazon continue to find themselves in hot water as their plea against the investigation that is being...