Tag: westbridge capital
Rapido funding: Rapido turns unicorn post $120 million funding from WestBridge Capital
Ride-hailing platform Rapido has raised $120 million (about Rs 1,000 crore) in primary capital from its existing investor WestBridge Capital at a post-money valuation of…
Third Wave Coffee ropes in ex-KFC India head as CEO; founder Sushant Goel to move to board role
Specialty coffee chain Third Wave Coffee said its founder and chief executive Sushant Goel will transition into a board role and the company has appointed…
meesho: Fidelity cuts fair value of Meesho, Pine Labs
Funds managed by financial services giant Fidelity have marked down the valuations of ecommerce marketplace Meesho and fintech firm Pine Labs, according to filings made…
Meesho: Meesho’s early backers eye new secondaries at $3-3.5 billion valuation
Angel investors and early institutional shareholders in ecommerce company Meesho are in discussions with investors to divest their stake, people aware of the matter told…
meesho: Meesho CXO Utkrishta Kumar exits to set up own venture
Utkrishta Kumar, ecommerce firm Meesho’s chief experience officer (CXO) for business, has quit the firm after a five-year stint, cofounder and chief executive Vidit Aatrey…
infoedge: InfoEdge writes off investment in Bijnis; remains upbeat about investing in Indian startups
Consumer internet group InfoEdge India Ltd, which clocked losses in the quarter-ending March 31, 2023, has written off its investments in Bizcrum Infotech, the parent…
Utkarsh Classes: PhysicsWallah, Utkarsh Classes form JV; firms to jointly foray into new test-prep categories
Edtech unicorn PhysicsWallah has formed a joint venture with Jodhpur-based Utkarsh Classes to leverage each other’s core competencies and jointly foray into new exam categories….