Tag: accel

CityMall funding: Value commerce startup CityMall in talks to raise Rs 400-500 crore led by Jungle Ventures: Sources
Posted in Startups

CityMall funding: Value commerce startup CityMall in talks to raise Rs 400-500 crore led by Jungle Ventures: Sources

Value ecommerce startup CityMall, which focusses on non-metro customers, is in talks to raise Rs 400-500 crore led by existing investor Jungle Ventures, people in…

Continue Reading
Rentomojo: Accel-backed Rentomojo lists on Dalal Street at 19% premium
Posted in Startups

Rentomojo: Accel-backed Rentomojo lists on Dalal Street at 19% premium

Furniture and appliance rental platform Rentomojo made a strong debut on Dalal Street on Thursday, with its shares listing at a nearly 19% premium over…

Continue Reading
Moneyview IPO: Moneyview cuts IPO fresh issue size by half to Rs 750 crore
Posted in Startups

Moneyview IPO: Moneyview cuts IPO fresh issue size by half to Rs 750 crore

Accel-backed fintech lender Moneyview has halved the fresh issue component of its proposed initial public offering (IPO) to Rs 750 crore from Rs 1,500 crore,while…

Continue Reading
Rentomojo IPO: Rentomojo to go public at Rs 4,246 crore valuation; up 5x from last private round
Posted in Startups

Rentomojo IPO: Rentomojo to go public at Rs 4,246 crore valuation; up 5x from last private round

Furniture and home electronics rental startup Rentomojo is expected to go public at a valuation of Rs 4,246 crore, as per the upper end of…

Continue Reading
Startup block-deal rush puts private valuations to the cash test
Posted in Startups

Startup block-deal rush puts private valuations to the cash test

A rush of block deals in newly listed Indian startups is putting private-market valuations to a cash test and showing how little a headline valuation…

Continue Reading
Accel raises $3.5 billion to invest in emerging global AI startups
Posted in Startups

Accel raises $3.5 billion to invest in emerging global AI startups

Accel, a global venture capital firm with offices in Silicon Valley, London and Bangalore, India, has raised $3.5 billion in new funds for early-stage investments…

Continue Reading
Vibe-coding startup Lovable raises $400 million at $13.3 billion valuation
Posted in Startups

Vibe-coding startup Lovable raises $400 million at $13.3 billion valuation

Swedish vibe-coding startup Lovable said on Wednesday it raised $400 million in Series C funding at a $13.3 billion valuation, double its valuation from December….

Continue Reading
Accel raises $550 million for India, keeps early-stage focus as AI reshapes dealflow
Posted in Startups

Accel raises $550 million for India, keeps early-stage focus as AI reshapes dealflow

Accel, an early backer of Flipkart, Swiggy, and Urban Company, has raised $550 million for its ninth India fund, about 15% lesser than its Fund…

Continue Reading
Yulu, Bounce seek funds as gig-EV rentals zoom
Posted in Startups

Yulu, Bounce seek funds as gig-EV rentals zoom

Electric mobility startups Yulu and Bounce Infinity are in talks to raise $50 million and $20-25 million, respectively, to expand their electric vehicle (EV) rental…

Continue Reading
Building materials quick commerce startup Fixxly raises $5.5 million from Accel, Lightspeed, Fireside
Posted in Startups

Building materials quick commerce startup Fixxly raises $5.5 million from Accel, Lightspeed, Fireside

Bengaluru-based building materials quick commerce startup Fixxly has raised $5.5 million from Accel, Lightspeed India, and Fireside Ventures.The company plans to use the capital to…

Continue Reading