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IPO-Bound Ola Raises $20 Mn From Hong Kong-Based Segantii Capital

Bhavish Aggarwal-led which cab hailing service Ola Cabs is raising close to $20 Mn (INR 150 Cr) from Hong Kong-based Segantii Capital. Know more

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PM Modi Urges Entrepreneurs To Build Startups Dedicated To Music

The Centre, on January 26, notified the drone certification scheme in order to spur the drone manufacturing industry in the country and make certification simpler, faster and transparent. Know more

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Cloud Kitchen Brands Aggregator Curefoods Merges With Maverix

Cloud kitchen brand aggregator Curefoods has announced its merger with Swiggy backed cloud kitchen player Maverix. Know more

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Meet The 10 Indian Startups That Are Part Of Sequoia Surge’s 06 Cohort

Venture capital firm Sequoia Capital, on November 25, announced the names of the 20 startups shortlisted for the Sixth Cohort of the Surge programme. Know more

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FabIndia plans ₹4,000 cr IPO; promoters to gift shares to artisans, farmers

Lifestyle retail brand FabIndia plans to raise up to ₹4,000 crores through an IPO and in a novel approach, the company’s promoters also plan to gift more than 7 lakh shares to artisans and farmers Know more

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Manyavar-owner Vedant Fashions sets IPO price band

Vedant Fashions Ltd, which owns ethnic wear brand Manyavar has fixed a price band of ₹824-866 per share and the public issue is expected to fetch ₹3,149 crore Know more

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Here Are The 42 Indian Startups That Entered The Unicorn Club In 2021

It’s raining unicorns in India amid an unprecedented funding spree for Indian startups across sectors. 42 Indian startups have already made it to the unicorn club. Well over $38.4 Bn has been raised till December Know more

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Private Cryptocurrencies Are Prone To Frauds, Extreme Price Volatility, Says RBI

Reiterating its concerns over cryptocurrencies, the Reserve Bank of India (RBI) has said that private cryptocurrencies are prone to frauds and to extreme price volatility Know more

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Neobank Startup Jupiter Mops Up $87 Mn From Tiger Global, Sequoia India

Neobanking startup Jupiter has raised close to $87 Mn in a new round of investment led by Tiger Global, in participation with QED Investors, Sequoia India and Matrix Partners. Know more

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Mamaearth Enters Unicorn Club After Sequoia Capital’s $38 Mn Capital Infusion

D2C brand Mamaearth is the new entrant to the coveted unicorn club after closing a fresh round of funding worth $38 Mn from Sequoia Capital. Mamaearth’s valuation has touched close to $1.07 Bn Know more

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