Varsha Bansal
Stories by Varsha Bansal
India: Swiggy tightens reins on board ahead of Uber Eats acquisition
Bundl Technologies Pvt. Ltd, which operates Swiggy, has added a clause that any Swiggy investor can’t hold a board seat in Uber or any of its entiti
India’s Dunzo in final stages of closing $20m funding round
A new strategic investor is expected to pump in money along with existing backer Google, which is expected to invest on a pro-rata basis.
India’s ShareChat in talks to raise $200m funding to battle Helo, TikTok
The social media startup has been struggling to grow over the past few months after Chinese media giant ByteDance launched ShareChat clone Helo and sh
Ola early backers Tiger Global, Matrix back startup’s EV unit with $56m funding
This marks the first external investment into Ola’s fledgling electric vehicle company, which has been struggling to take off in India.
India’s startup founders increasingly find themselves pitted against investors
Ola founder Bhavish Aggarwal’s stand against SoftBank has come at a cost: a delay in fund-raising and a lower-than-expected increase in valuation.
What could be the factors driving buyouts of Indian food-tech firms?
Food delivery start-up Swiggy is in talks to acquire Uber Eats while hospitality chain Oyo is in discussions to buy out cloud FreshMenu.
India’s Oyo in talks to pick up stake in food delivery startup FreshMenu
Lightspeed Venture Partners, a common investor in Oyo and FreshMenu, is said to have played a key role in bringing the two to the discussion table.
Flipkart co-founder Sachin Bansal seeks big venture debt play
Over the past few weeks, Bansal has held discussions to invest in at least five technology startups, including some ventures where he has already comm
Temasek-backed Pine Labs eyes unicorn tag with new funding round
Pine Labs is in advanced talks to close a funding round of around $75 million from existing investors including Temasek and PayPal.
India likely to offer angel tax relief to startups, but may not be enough
The Central Board of Direct Taxes (CBDT) is expected to extend angel tax exemption to companies with paid-up capital and share premium of up to ₹25
