Tarush Bhalla
Stories by Tarush Bhalla
India’s Urban Company valued at $2.8b after Esop sale
Urban Company had raised $255m led by Prosus Ventures and others in June this year.
Indian logistics startup Delhivery acquires Transition Robotics
The current acquisition comes on the heels of Delhivery filing its draft papers for IPO.
India: AgroStar raises $70m Series D funding from Evolvence, CDC, others
Existing investors Aavishkaar Capital, Accel, Bertelsmann, Chiratae Ventures, and Rabo Frontier Ventures also participated.
India: Oyo hires former SBI chairman Rajnish Kumar as strategic group adviser
Kumar will advise Oyo’s management on short-term and long-term strategy, regulatory and stakeholder engagement, and enhancing the brand of the compa
India’s Swiggy to invest $700m in express grocery business Instamart
The move signals Swiggy’s aspirations to grow its quick-commerce business, as competition in the 10-minute grocery delivery space heats up.
India’s Cashfree invests in UAE-based Telr, explores global expansion
Post the investment, Cashfree will become the single-largest shareholder in Telr.
Fintech startup Slice is latest Indian unicorn after $220m funding led by Tiger Global
Slice is the 41st Indian startup to achieve unicorn status this year.
India: Edtech startup upGrad consolidates subsidiaries into one single unit
upGrad is looking to touch 7.5 million registered users by 2024.
India: Parking solutions platform Park+ raises $25m co-led by Sequoia, Matrix
Park+ has got valued at roughly $160 million in the latest round.
NoBroker becomes India’s first realty startup unicorn
With the current fundraise, NoBroker has raised $361 million to date, across several equity rounds.
