Tag: urban company
House-help startup Pync shuts down amid fierce competition; founders to join Snabbit
In what could be an early sign of consolidation in the fast-growing instant house-help segment, Bengaluru-based Pync, backed by Accel and General Catalyst, is shutting…
VC fundraising rebounds fivefold to $3.3 billion in 2025
Limited partners (LPs), on their return to India-focused venture capital funds after a slowdown, are applying sharper fund management filters, prioritising team stability, performance across…
ETtech State of Startups Survey: Startups expect to pivot to an AI avatar this year
A majority of Indian founders, chief executives and venture capital investors expect hiring to be significantly impacted in 2026 as artificial intelligence (AI) adoption accelerates…
WorkIndia raises Rs 97 crore in round led by Aavishkaar Capital
WorkIndia, a recruitment platform for blue- and grey-collar workers, has raised Rs 97 crore in its latest funding round led by Aavishkaar Capital. Beenext Capital…
Instant househelp demand triples in two months as industry scrambles to crack economics
India’s newest and buzziest consumer internet category has gone from zero to several hundred thousand weekly orders in a matter of months. The 10-minute househelp…
Snapdeal parent AceVector files updated DRHP for D-Street debut
AceVector, the parent entity of ecommerce company Snapdeal, filed its updated draft red herring prospectus (UDRHP) with the Securities and Exchange Board of India (Sebi)…
Snapdeal parent AceVector files updated prospectus; to raise up to Rs 300 crore via IPO
AceVector, the parent company of ecommerce platform Snapdeal, has filed its updated draft red herring prospectus (UDRHP) with the Securities and Exchange Board of India…
Nexus closes new $700-million fund to back India, US startups focused on AI, enterprise, consumer sectors
Nexus Venture Partners, a backer of companies like Zepto, Rapido, and software startup Postman, has closed its eighth fund, a $700-million vehicle aimed at early-stage…
Meesho IPO unlocks major gains for Elevation, Peak XV, others; founders’ stake valued at Rs 8,750 crore
Early investors in Meesho including Elevation Capital and Peak XV Partners are sitting on significant paper gains after the value-focused ecommerce company set a price…
Prosus widening India focus to back companies in all stages
Dutch investor Prosus, which has backed the likes of Swiggy, Urban Company and Meesho, is broadening its remit in India to back companies ranging from…