Varsha Bansal
Stories by Varsha Bansal
Mahindra-backed self-drive Zoomcar in merger talks with rival Drivezy
Top investors in both startups are likely to hold stakes in the merged entity.
Ola suspends Foodpanda India’s delivery business, lays off several employees
Ola will focus on cloud kitchens that was launched after Foodpanda bought Holachef in October.
India: Dailyhunt in early talks to raise funds from SoftBank
If the deal goes through, it will mark SoftBank’s first independent investment in the content space.
SoftBank Ventures Asia eyes India-focused bets in fintech, AI, healthtech
SoftBank Ventures Asia will look to sign cheques worth $10-20 million in the consumer internet space.
India: CureFit raises $75m led by Accel at a valuation over $500m
The round also saw participation from existing investors Kalaari Capital and IDG Ventures India, along with a slew of new investors.
India: Hyperlocal delivery startup Dunzo in talks to raise up to $50m
Dunzo competes with the likes of Swiggy that has deep-pocketed investors backing it.
India: Tiger Global looks to invest in five SaaS firms in May
Since November, Tiger has invested in Fyle, Facilio, Innovapptive and Clevertap.
Chinese entrepreneurs ride India’s consumer internet wave
Around 50 Chinese entrepreneurs have launched internet companies in India in the past one year, inspired by success stories of NewsDog, Shein and TikT
Startup founders set forth three demands for India’s next govt
The demands include ironing out issues related to angel tax for startups and more regulatory clarity on emerging business models.
India’s CureFit to launch incubator for healthy food startups
It will invest around $5 million across 8-10 startups in the next two years as it looks to co-create products that can be sold through its Eat.fit ver
