Ashwin Ramarathinam
Stories by Ashwin Ramarathinam
Indian edtech giant Byju’s insolvency case fans employees’ fears
After three months without pay, many of Byju's 27,000 employees are considering street protests or lawsuits.
Indian logitech startup Pickrr raises $12m led by IIFL, Amicus Capital
The Gurugam-based company will continue to drive product development and R&D and expand its network of fulfilment centres.
India: Aptus Value Housing Finance secures $111m from anchor investors ahead of IPO
The net proceeds from the offer will be utilized towards augmenting the firm’s tier 1 capital requirements.
Singapore sales productivity startup Nektar.ai raises $8.1m led by B Capital, others
The company plans to use the funds to accelerate product development and hire talent.
Israel’s Coralogix raises $55m funding to expand its India footprint
Coralogix has set up a new Amazon Web Services (AWS) Mumbai region offering superior server support and data storage capabilities to its India-based c
India: Personal care brand Mamaearth raises $50m led by Sofina Ventures
The round gave some early employees an opportunity to monetise their vested ESOPs.
Safe Security secures $33m led by telecom firm BT Group
The firm plans to grow the total headcount to over 300 by the end of the financial year.
India: Tatva Chintan IPO subscribed 182.04 times on the final day of bidding
Last week, Tatva Chintan Pharma Chem raised ₹150 crore from 22 anchor investors.
India: Food delivery giant Zomato’s IPO fully subscribed on first day of bidding
The issue received bids for 746.97 million shares against an IPO size of 719.23 million shares.
Tiger Global, CPPIB, others invest in Zomato’s $562m anchor allocation ahead of IPO
Post the IPO, Zomato will have about $2 billion in cash in the bank.