Funding
Brief
Unicorn to $3 Billion in Less Than A Year: Zepto Aims for Top Spot with Bold Expansion Strategy
Dazeinfo -
Quick commerce startups in India are currently engaged in a fierce battle for dominance as they expand their foothold into the ever-competitive e-commerce landscape. Interestingly, foreign investments in these startups are significantly contributing to their growth. Among these contenders,...
Brief
PE Investments in India Plunged Over 30% YoY in 2023: Investors Bet Big on Growth and Late-Stage Ventures
Dazeinfo -
In 2023, Indian enterprises and startups encountered significant challenges in terms of investments and strategic business expansion, as revealed in PWC India's latest report titled "Deals at a Glance." The report paints a stark picture of a substantial decline...
Brief
SoftBank Exits Policybazaar: $650 Million ROI Sets Benchmark for Other Indian Startups
Dazeinfo -
Over the past couple of years, a considerable number of foreign investors divested their stakes in various Indian startups. The reasons for these divestments have varied, ranging from profitable exits to acknowledging the challenges faced by these billion-dollar startups,...
Brief
PE-VC Investments in India Drops Below $30 Billion in 2023, Hitting a 5-Year Low
Dazeinfo -
India has been experiencing a notable downturn in Private Equity - Venture Capital (PE-VC) investments in the last couple of years. According to a recent report by Venture Intelligence, the value of PE-VC investments in Indian companies plunged 37.7%...
Brief
India Tech Funding Winter: Q3 2023 Records Lowest Startup Funding with 54% YoY Drop
Dazeinfo -
The Indian startup ecosystem continues to grapple with long-lasting funding winter, and there are no signs of thawing. Following a surge in tech funding in Q4 2022, tech startups have experienced a consistent decline in investment in all three...
Brief
Global VC Funding Reached $64.6 Billion Q3 2023: Unicorn Births Hit Record Low with Just 12
Dazeinfo -
The global venture funding landscape experienced a notable rebound in Q3 2023, bringing a sense of relief to entrepreneurs and innovators. According to the latest CB Insights report, the total venture investment reached an impressive $64.6 billion in Q3...
Brief
Investment in Indian startups March 2023: Late-stage funding boosted the overall deal value
Investment in Indian startups has started drying up since the second half of 2022, owing to massive layoffs and global economic uncertainty. However, Indian startup entrepreneurs took a sigh of relief last month as the total investment in Indian...
Brief
Lenskart to attract half a billion dollar investment amidst the global slowdown in VC funds and massive layoffs!
Lenskart has revolutionized the eyewear industry by transforming the mundane act of wearing glasses into a fashion statement that combines style, comfort, and affordability. This 13-year-old omnichannel eyewear brand is one of the few startup unicorns in India that...
Brief
Sequoia Capital puts GoMechanic under forensic audit: Founder admits financial irregularities, fires 70% of the workforce
Dazeinfo -
One after another after another; a number of Sequoia Capital's portfolio companies are found to be indulged in serious financial irregularities, and the latest one that is added to the list is GoMechanic, an automobile after-sales service startup.
On January...
Brief
Only 13 Unicorn Startups in India are profitable: Funding Winter puts Indian startups to the real test
Dazeinfo -
Startups in India have started deploying strategies that would put them on the road to profitability in the near future as funding winter sets in. More unicorns are now ditching the "grow at any cost" strategy for profits as...
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Latest News
Meta Q1 2024: Jaw-Dropping Surge in Revenue and Net Profit, But Reality Labs Burning Billions
Meta Platforms, Inc. (NASDAQ: META) has unveiled its financial results for the first quarter of 2024 and it is...
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