Tag: accel
Quick medicine delivery startup Plazza raises $15 million from Accel, Elevation, Nexus, others
Quick medicine delivery startup Plazza has raised $15 million in a round co-led by Accel, Elevation Capital, and Nexus Venture Partners, with participation from existing…
Vibe-coding startup Emergent’s valuation jumps 5x to $1.5 billion in new funding
Vibe-coding startup Emergent has raised $130 million in a funding round led by private equity firm Creaegis, alongside Ranjan Pai’s family office vehicles MNI Ventures…
Contract manufacturer Zetwerk receives Sebi nod for IPO
Contract manufacturer Zetwerk has received approval from the Securities and Exchange Board of India (Sebi) for its initial public offering (IPO). The IPO is expected…
Mukesh Bansal-led Nurix AI acquires Verloop to expand enterprise offerings
Myntra and Cult.fit founder Mukesh Bansal-led Nurix AI has acquired conversational AI firm Verloop as it looks to strengthen its voice and chat offerings for…
L’Oréal-Innovist deal: early investors cash in big, founders pocket Rs 800-900 crore
Innovist cofounder and chief executive Rohit Chawla is expected to pocket around Rs 600-700 crore from the sale of part of his stake to French…
L’Oréal buys control of Innovist as India beauty battle intensifies
L’Oréal SA is acquiring a majority stake in Indian beauty startup Innovist, deepening its bet on one of the world’s fastest-growing personal care markets as…
Startup investors cash out nearly Rs 18,000 crore after IPO lock-ins end
Top global investors, including SoftBank and KKR, have sold shares worth nearly Rs 18,000 crore in new-age companies, such as Groww and Lenskart, that went…
Acko hires former Junglee Games CPO Apoorv Kalra to lead auto insurance business
New-age insurance company Acko has appointed Apoorv Kalra, former chief product officer of Junglee Games, to head its auto insurance business as part of a…
ETtech Explainer: How Swiggy’s failed bid to become an Indian firm matters for Instamart
Food and grocery delivery company Swiggy’s failure to secure shareholder approval for changing its articles of association has delayed a governance reset that was meant…
Grocery delivery startup Apna Mart culls 10% of staff, moves base to Gurugram
Accel and Peak XV-backed grocery delivery startup Apna Mart has trimmed its headcount by 10% due to AI adoption in business operations and a decision…