SayanChakraborty

India’s VerSe Innovation close to raising $500m to fend off video app rivals

The valuation for VerSe could top $5b.

Indian capital market regulator pushes for scrutiny of unprofitable IPO hopefuls

The combined market capitalization of startups has eroded by 42% since their debut last year.

India’s Swiggy eyes $800m IPO next year amid stiff competition for market share

India's food delivery sector has been reduced to a two-horse race between Swiggy and Zomato.

Indian fintech giant Paytm faces harsh valuation check as losses widen

Analysts believe it is at least three years from climbing into the black.

India’s Vedanta seeks JVs with Samsung, LG, others for $15b chip and display foray

Vedanta had bought Japanese display glass substrate firm AvanStrate from Carlyle in 2017.

Indian SaaS startups emerge from shadows of consumer tech peers

Indian SaaS companies raised $4.5 billion in 2021 against $1.7 billion in 2020, per a Bain report.

Over 200 global VC firms made their debut investment in India in 2021

Andreessen Horowitz, TCV, Vitruvian Partners, and GSV Ventures were among the first-time investors.

India: Microsoft may invest up to $100m in Ola parent

Deal could see ride-hailing firm switch to Microsoft’s Azure cloud platform from Amazon Web Services (AWS).

India: Urban Ladder gets former Croma exec Ajit Joshi as president, COO

India: The/Nudge Foundation incubator ropes in former Infosys, Apple executives

Execs to act as partners to startups incubated at N/Core.