Varsha Bansal
Stories by Varsha Bansal
India: Diagnostics startup SigTuple secures $16m Series C funding, Binny Bansal joins board
Last June, the company had raised $19 million in its Series B funding round that was led by Accel Partners and Chiratae Ventures.
India: Zomato posts $294m loss, three-fold jump in revenues in FY19
Zomato spent $500 million in 2018-19, a six times jump from $80 million in the previous year.
Oyo Rooms looks to build own cloud kitchen brands
Oyo is currently doing a pilot of its first cloud kitchen under the Adrak brand.
Airbnb invests up to $200m in Indian hospitality company OYO
The investment will give Airbnb access to a variety of franchised or leased hotels.
Google Pay adds more services in India, offers digital gold on payments app
It is also looking at launching other wealth management products, including mutual funds.
Delhivery raises $413m led by SoftBank Vision Fund, bags unicorn tag
This round, which saw the participation of existing investors Carlyle and Fosun, will see the valuation of the company shoot up to over $1.5 billion.
Chinese funds hiring Indian executives as they seek to hike deal flow from region
Chinese funds have become more active on the ground, engaging with the Indian ecosystem rather than just coming and scouting for deals.
Facebook said to mull investment in Indian content startups
The social media giant is learnt to be in early-stage talks with several content startups, including PopXo, for potential investments.
Indian hospitality unicorn OYO eyes venture debt route for fresh funding
OYO recently raised $1 billion in equity in a SoftBank-led round, with China's Didi Chuxing pumping in $100 million.
Indian bike rental startup Bounce in talks with B Capital for funding
The company is in talks to raise around $50 million in funding but may see the round get over-subscribed up to $70 million.
