Saritha Rai
Stories by Saritha Rai
Uber founder Kalanick said to have backed Indian cloud kitchen startup
Kalanick’s real estate company, City Storage Systems, has reportedly bought a small stake in Rebel Foods as part of a previously disclosed $125 mill
Mithril Capital to invest $45m in India AI startup Glance
Glance is part of InMobi Group, a mobile marketing firm backed by Japan’s SoftBank Group Corp.
Silicon Valley startup ThoughtSpot raises $248m at close to $2b valuation
Lightspeed Venture Partners, Silver Lake Waterman, and Sapphire Ventures participated in the funding round.
Amazon nears deal for buying up to 10% stake in Kishore Biyani’s Future Retail
The proposed investment will enable Amazon to tap into India’s rising demand for household products and home-delivered fresh produce and vegetables.
India proposes user safeguard rules for e-commerce companies
E-commerce firms such as Amazon, Flipkart may soon have to declare details about their sellers.
GOJEK-backed Rebel Foods to build 100 Indonesian cloud kitchens
Rebel Foods, which is valued at $525 million, is now expanding into Southeast Asia and the Middle East.
India’s Pocket Aces raises $14.7m from Sequoia Capital, others
Pocket Aces plans to use the funds to get into gaming content, make strategic acquisitions and boost production to 30 shows a year.
Byju’s founder Byju Raveendran is India’s newest billionaire
Raveendran joined the rarefied club after his firm scored $150m in funding earlier this month.
Icertis becomes India’s latest tech unicorn after $115m funding round
The enterprise software segment is heating up as investors scour the industry for India’s next startup giants.
Facebook moves closer to launch WhatsApp payments service in India
The payments offering has been in beta mode in India since early 2018.
