StaffWriterlivemint
Stories by StaffWriterlivemint
India’s Ola Electric raises $200m round led by Falcon Edge, Softbank, others
The funding round took the company's valuation to $3 billion.
India: JM Financial PE, others invest in co-living operator Isthara Parks
The company has raised a total of $11 million of external capital so far.
India: CCI approves investments worth $500m in ride sharing aggregator Ola
Bhavish Aggarwal had founded Ola with Ankit Bhati in 2011.
India’s continued IPO frenzy to see four more firms launch share sale this week
Nuvoco Vistas and CarTrade are among firms scheduled to launch their IPOs this week.
Indian casual wear brand The Souled Store raises $10m from Elevation Capital
The company will use the funds to expand its manufacturing capabilities and focus on recruiting activities.
India: Grofers to offer 33% hike in salary to tech team, allocate hefty ESOPs
Grofers is reportedly in talks to raise $100-120 million.
India: Fintech startup Progcap raises $25m from Tiger Global, Sequoia
The funds will be deployed to enhance its services and presence across existing geographies.
Real estate startup Flyhomes raises $150m in Series C round
Flyhomes plans to use the corpus to scale its operations in India.
Slintel raises $20m in Series A round led by GGV Capital
Existing investors including Accel, Sequoia Capital India, and Stellaris Venture Partners also participated in the funding round.
India: JM Financial PE invests in NIC brand ice cream maker Walko Food
This marks the closing of the eighth investment by JM Financial India Fund II.
