M Sriram
Stories by M Sriram
India’s PharmEasy looks to raise $200m at a lower valuation
Indian startups have been jolted by uncertain global and domestic stock markets
Indian skincare startup Mamaearth eyes $3b valuation in next year’s IPO
The firm is said to be in early-stage discussions to raise at least $300m in its IPO
Sequoia India asks court to dismiss defamation lawsuit filed by its ex-counsel
Algo, the former counsel's firm, is said to have received $6m in 2020-22.
Sequoia Capital India grapples with fallout from governance snafus
The Silicon Valley firm has invested $5.5 billion in India and, since 2017, has struck over 400 deals
India: Expect to see ‘zombie unicorns’ as corporate governance issues spook investors
There are concerns that startup valuations are too high.
India’s Chiratae Ventures to raise $600m to boost tech investments
It will raise two funds - a $400m vehicle for new bets, and a $200m opportunities fund.
India: Unacademy-backer Blume Ventures raises $41m opportunity fund
From this fund, Blume has invested in the Series B to D rounds of Grey Orange, Servify, Dunzo, among others.
India: Rebel Foods secures $4.9m debt funding from Alteria Capital
Rebel Foods runs 325 internet kitchens in India and has recently expanded abroad, with operations in Indonesia, Dubai and the UK.
India: Sequoia-backed kitchen appliance maker Stovekraft files for IPO
Stovekraft makes and sells a wide range of kitchen products under Pigeon and Gilma brands.
India: Kedaara Capital eyes stake in Norwest-backed SME lender Veritas Finance
Kedaara plans to put in about $70 million along with existing investors Norwest Venture Partners and CDC Group.
