Singapore’s Jungle Ventures raises $600 Million to support SEA early-stage startups
Amid the market downturn, Singapore’s Jungle Ventures has raised $600 million to continue funding early-stage firms in Southeast…
Browsing Tag
May 2022
24 posts
Vedantu to lays off 424 employees, CEO says ‘Scarce Capital’
According to its co-founder and Chief Executive Officer Vamsi Krishna, Edtech unicorn Vedantu is laying off 424 employees,…
Payments Major PhonePe acquires WealthDesk and OpenQ for a total of $75 Mn
PhonePe, the digital payments platform backed by Walmart, is planning on acquiring two wealth management corporations, WealthDesk and…
boAt gets SEBI Nod for INR 2,000 Cr IPO
The Securities and Exchange Board of India (SEBI) has approved the INR 2,000 crore IPO of Delhi-based consumer…
[Funding Alert] D2C Activewear brand BlissClub raises $15 Mn Series A funding led by Eight Roads
Indian Direct-to-consumer (D2C) activewear brand BlissClub raised $15 million in its Series A round led by Eight Roads…
[Funding Alert] D2C Wellness brand WOW Skin Science raises primary capital from GIC
Leading D2C beauty and wellness brand WOW Skin Science (“WOW”, Body Cupid Pvt Ltd) is raising primary growth…
RBI rejects Sachin Bansal’s Banking License for Chaitanya India Fin Credit
The Reserve Bank of India rejected Chaitanya India Fin Credit, which is backed by Flipkart co-founder Sachin Bansal,…
[Funding Alert] Fashinza raises $100 Mn Debt and Equity funding led by Prosus Ventures and Westbridge
Fashinza, a Delhi based supply chain marketplace for fashion brands and retailers, raises $100 Mn in a Series…
[Funding Alert] Corporate Cards Startup Karbon Card raises INR 55 Cr in Debt from Nothern Arc, UCIC and Oxyzo
Karbon Card, a Bengaluru based fintech startup specialising in corporate cards, raised INR 55 Cr in a debt…
Paytm Mall’s Valuation shrinks by 99.5% to $13 Mn as Alibaba and Ant Group exits
Early investors Alibaba and Ant Group have exited Vijay Shekhar Sharma’s Paytm Mall, which was formerly valued at…
