Vibhuti Sharma
Stories by Vibhuti Sharma
India’s Paytm says to become operationally profitable in six quarters
Paytm's shares have lost more than 70% from the Rs2,150 IPO price.
India: Dailyhunt’s parent VerSe raises $805m in funding at $5b valuation
The latest round was led by Canada Pension Plan Investment Board.
Venture Catalysts-backed Beams Fintech Fund hits first close of debut vehicle
The firm has already received commitments of up to $36 million for the maiden fund.
India: Conversational messaging platform Gupshup buys SG’s Active.ai
Gupshup is currently in talks to raise $100-200 million in its pre-IPO round.
India Digest: 100X.VC to invest in 100 startups; EnKash raises $20m
Ascent Capital led the round in EnKash.
India: Bain buys 25% in IIFL Wealth from General Atlantic, Fairfax Holdings
IIFL Wealth had around $44b in assets as on Dec 31, 2021.
Indian agritech VC firm Omnivore sets up new $130m fund
The fund expects to make 25-30 new investments over the next four years.
India: General Atlantic-backed KFin Technologies files draft papers for $320m IPO
General Atlantic Singapore Fund Pte Ltd holds 74.94% stake in the company.
India: HDFC to be merged with HDFC Bank to create financial giant
The move will pave the way for HDFC Bank to build its housing loan portfolio and enhance its existing customer base.
Tiger Global leads $36m funding in Indian supply chain startup Wiz Freight
Axilor Ventures, Fundamental, Arali Ventures, Stride Ventures & Alteria Capital joined the round.