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Rash decisions, insecurity and burnout: The dark side of India’s startup funding boom

India’s epic and unprecented startup funding boom has birthed unicorns, minted millionaires and taken companies public at record valuations. In the process though, founders are getting burnt out, employees are veering towards fraud and insecurity is driving people to the dark side. Moneycontrol takes a look.   Chaitanya Ramalingegowda Chaitanya Ramalingegowda feels nothing. His company, …

Rash decisions, insecurity and burnout: The dark side of India’s startup funding boom Read More »

Mensa  Brands  races to unicorn status in just six months.

The funding was raised as part of the firm’s Series B funding round led by Falcon Edge Capital’s growth stage platform, Alpha Wave Ventures, at a valuation of around $1.2 billion.   Indian startup Mensa Brands, which buys stakes in digital brands, raised $135 million at a valuation of around $1.2 billion, it said on …

Mensa  Brands  races to unicorn status in just six months. Read More »

Digital payments startup Paytm launches India’s biggest IPO

With its $2.46bn target, Paytm, backed by Ant Group, SoftBank, Berkshire Hathaway, will be India’s biggest IPO.   Digital platorm India will see its biggest-ever initial public offering with digital payments platform Paytm looking to raise nearly $2.5bn, in what has already been a record year for share listings Paytm is backed by Chinese tycoon …

Digital payments startup Paytm launches India’s biggest IPO Read More »

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Subscription models helping Indian SaaS startups tap domestic enterprises

SaaS companies have gained significant funding traction in the past two years and will continue to gain investor focus. Indian software Indian software-as-a-service (SaaS) companies expect the country to grow faster this year led by the acceleration in demand for digital and cloud. The availability of talent, cost advantage and a strong small and medium …

Subscription models helping Indian SaaS startups tap domestic enterprises Read More »

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Tiger and Falcon look to double down on Indian social commerce startup DealShare

Tiger Global and Falcon Edge Capital are looking to double down on their bets on DealShare, becoming the latest high-profile investors to go all-in on India’s nascent but growing social commerce trend.   Jaipur-headquartered startup The two firms, both of which are already an investor in the Jaipur-headquartered startup (AWI, which is managed by Falcon, …

Tiger and Falcon look to double down on Indian social commerce startup DealShare Read More »

Agri-tech startup DeHaat raises $115 million led by Sofina, Lightrock India

Full-stack agri-tech platform DeHaat has raised $115 million in its Series D round, led by Belgium-based investment firm Sofina and Lightrock India.   Singapore government Singapore government investment fund Temasek also co-invested in the round with participation from existing investors, Prosus, RTP Global, Sequoia Capital India and FMO, a senior company executive said. The Delhi-based …

Agri-tech startup DeHaat raises $115 million led by Sofina, Lightrock India Read More »

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India Startup Clear Eyes Payments Push With Stripe’s Backing

Indian startup Clear raised $75 million from investors including global fintech giant Stripe Inc. to fund its expansion into online payments and other new businesses.     India’s digital financial services market The Series C round was led by Kora Capital and joined by Alua Capital, Think Investments and existing backers of Bangalore-headquartered Clear. The startup, which offers cloud …

India Startup Clear Eyes Payments Push With Stripe’s Backing Read More »

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Startups making a ‘decade of unicorns’ for India, say industry leaders.

Speaking at the India Today Conclave 2021, upGrad co-founder and MD Mayank Kumar said given the significant rise in the number of startups achieving unicorn status, it is a “decade of unicorns” for India.   Indian Startup With disruptive business models and tech-powered platforms, Indian startups are raking in millions of dollars in funding and …

Startups making a ‘decade of unicorns’ for India, say industry leaders. Read More »

Elevation Capital, General Catalyst lead $12M round into health insurance startup Loop Health.

Loop Health aims to be the “Oscar Health of India” and targets the country’s health insurance gap with its approach to primary care and insurance.   Latest startup The Pune-based company is also the latest startup to raise funding in this area, bringing in $12 million in Series A funding in a round co-led by …

Elevation Capital, General Catalyst lead $12M round into health insurance startup Loop Health. Read More »

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This startup founder is now richer than Anand Mahindra, Rakesh Jhunjhunwala.

According to the IIFL Wealth Hurun India Rich List 2021, there are 1007 individuals in India with a fortune of more than Rs 1,000 crore.   Startup Byju’s Byju Ravindran, the founder of India’s most valued startup Byju’s, is now richer than Anand Mahindra, chairman, Mahindra & Mahindra group, and Rakesh Jhunjhunwala. According to the …

This startup founder is now richer than Anand Mahindra, Rakesh Jhunjhunwala. Read More »

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