Joseph Rai
Stories by Joseph Rai
Temasek, Zomato co-lead $185m funding in Indian logistics startup Shiprocket
New investors Moore Strategic Ventures and 9unicorns also participated in the round.
Indian fantasy sports platform Dream11 raises $840m at $8b valuation
Falcon Edge, DST Global, D1 Capital, Redbird Capital, and Tiger Global invested in the round.
Indian VC firm WaterBridge secures final close of second VC fund at $150m
The fund seeks to invest $500,000 to $3m each in 25 startups across seed and Series A rounds.
Info Edge net profit surges over 47-fold following gains from Zomato’s listing
The company's net profit surged to ₹7,369.34 crore in July-September.
India: Lenskart, GlobalBees in talks to raise funding at unicorn valuations
India is witnessing the rise of D2C brands and is estimated to have a $100b addressable market by 2025.
Indian payments firm MobiKwik turns unicorn as staffers exercise ESOPs ahead of IPO
The ESOP transaction was led by former Blackstone India head Mathew Cyriac.
India: Xponentia Capital marks final close of its first fund
Xponentia Capital was floated by Ajay Relan of CX Partners and two other PE industry veterans.
PE firm Everstone prepares to exit India’s Sahyadri Hospitals
Seven to eight investors have shown interest to invest in the hospital chain.
Healthcare-focused Indian PE Somerset plans four more exits from debut fund
The PE expects to exit Hexagon Nutrition, Prognosis Medical Systems, Browndove Healthcare, and Ujala Cygnus.