M.Sriram
Stories by M.Sriram
Trucking logistics firm Rivigo becomes eighth Indian unicorn startup of 2019
Rivigo, that raised $4.9 million from South Korea's KB Platform Fund this year, is now valued at $1.05 billion.
India: Tiger Global may invest $20m in Sequoia Capital-backed KredX
Tiger Global is in talks to acquire a minority stake in invoice discounting platform.
Indian actor Deepika Padukone’s family office invests in e-taxi startup Blu Smart
Blu Smart is building an all electric ecosystem with strategic partnerships across automotive, infrastructure and energy companies.
Hedge fund Steadview in talks to lead $50m round in 2-wheeler rental startup Vogo
Existing investors Matrix Partners, Stellaris Venture Partners and Kalaari Capital are also expected to join the round.
India: 26% FDI cap in digital media likely to hit valuations, fundraising
Fundraising plans, capital structure may have to be altered to be in line with the law.
Despite slowdown, Indian startup funding at all-time high: Stellaris’ Ritesh Banglani
Startup funding has reached an all-time high as investors are willing to infuse more funds enthused with startups who are scaling four to five times.
India: BharatPe raises $50m from Ribbit Capital, Steadview Capital, others
The one-year old firm currently facilitates 18 million UPI payments every month.
India: Mobile gaming platform Nazara acquires Sportskeeda
Nazara has invested $6.29 million for a 67% stake in the popular sports content portal, valuing it at about $9.29 million.
India: Startup investments stay strong despite economic slowdown
Funding in the first seven months of 2019 touched $4.7 billion, compared to $4.3 billion a year ago
India: Naspers in talks to acquire stake in Dream11 for $100m
The startup had about 50 million subscribers in February and is looking to double the number by end of this year.
