Saritha Rai
Stories by Saritha Rai
Indian edtech startup InterviewBit raises $20m from Tiger Global, Sequoia Capital
The deal pegs the valuation of InterviewBit at $110 million.
Amazon’s Bezos to face unprecedented protests during India visit
More than half-a-million traders plan to organise public rallies in 300 cities to protest Bezos’s visit.
Tencent said to buy 10% stake in PolicyBazaar in India insurance foray
The deal values the Indian online insurance aggregator at $1.5 billion.
India: Google, Walmart help drive digital payments past 1b transactions
The payments market is expected to touch $1 trillion by 2023.
Uber to tackle those losses, with help from India
Uber lost about $5.2 billion in the second quarter alone.
SoftBank’s WeWork rescue plan said to value startup below $8b
The new figure is a fraction of the $47 billion valuation the startup commanded as recently as January.
Paytm said to near $2b financing from investors including SoftBank, Ant
The funding, split evenly between equity and debt, values the firm at $16 billion.
OYO to raise $1.5b in latest round, founder Agarwal to invest $700m
Lightspeed Venture Partners and Sequoia are selling part of their shareholding in OYO to help the founder increase his stake.
Paytm founder Sharma says winning in India prepared him for the world
We built payments from the bottom up in Japan. PayPay today has 10 million customers. We will go to the Americas and Europe - Vijay Shekhar Sharma.
How GGV Capital is backing startups powering humble Indian mom-and-pop stores
GGV has invested in Udaan, a B2B marketplace for small businesses, and Khatabook, a digital version of the hand-written ledger.
