Tag: urban company
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…
PhysicsWallah founders’ holdings at over Rs 16,000 crore; WestBridge’s stake valued at Rs 2,600 crore
PhysicsWallah, the first edtech to list following Byju’s’ collapse, has created significant paper wealth for its promoters and backers as it debuted at a 33%…
Quick service app Pronto moves headquarters to Bengaluru
Quick service app Pronto has moved its headquarters to Bengaluru from Gurugram to tap the city’s tech and engineering talent pool, founder and chief executive…
Dunzo’s Kabeer Biswas eyeing funds for AI concierge startup
Dunzo cofounder Kabeer Biswas, who recently left Flipkart, is in discussions to raise about $12 million for his new venture, a personal AI concierge service,…