M.Sriram
Stories by M.Sriram
India: A91 Partners invests $20m in small-business lender Aye Finance
So far, Aye has raised nearly $70 million from SAIF Partners, Falcon Edge Capital, Accion and Capital G.
Relentless pursuit of growth seen behind OYO’s layoff plans
The layoffs are part of a massive course correction the company is attempting amidst expansion spree.
Deals in growth-stage startup space climb to record $3.1b in 2019
Startup funding is set to be tight in 2020, after the poor US listings of Uber and Lyft, and WeWork’s IPO meltdown.
PE funds globally raise nearly $600b in 2019
The amount, however, is lesser than what they raised in the preceding two years, according to a Preqin report.
Early-stage startup funding in India increases to four-year high in 2019
VCs are bullish on startups as they are seeing better quality entrepreneurs compared to even a few years ago.
Paytm not interested in buying stake in Yes Bank: Vijay Shekhar Sharma
Founder says he aims to convert the payments bank into a small finance bank after it completes five years.
VC investment in Indian startups scales fresh peak of $10b in 2019
Surge in funding comes despite a sentiment shift towards caution during the last quarter of the year.
India: ArcelorMittal sells 50% stake in shipping business to DryLog
The stake sale and JV formation will ultimately reduce ArcelorMittal’s net debt by $530 million.
India: Online home decor startup Livspace in advanced talks to raise $100m
The round is expected to be led by Kharis Capital, a European investment management firm.
India: Sequoia in talks to invest up to $30m in SaaS startup Whatfix
The SaaS firm had raised $13.2 million in its Series B round from F Prime Capital, Cisco and Eight Roads.
