Vibhuti Sharma
Stories by Vibhuti Sharma
The shaky future of India’s biggest loss-making unicorn and most valued edtech: BYJU’s
The startup's net loss in the 2020-21 fiscal stood at a whopping Rs 4,500 crore.
India: ChrysCap-backed maker of top condom brand Mankind Pharma files for IPO
The company also owns the pregnancy test brand PregaNews and antacid Gas-O-Fast.
India Digest: upGrad buys Centum Learning; DotPe raises $55m from Temasek
This is upGrad's sixth acquisition this year
[Updated] Interior design unicorn Livspace’s 2021 financials reveal reduction in sales, losses
It is learnt that sales reduction for year-ended March 21 was on account of Covid-19.
BYJU’s finally reports FY21 earnings but mounting losses fail to soothe concerns
At Rs 4,500 crore, losses were nearly 17 times the Rs 262 crore posted in FY20.
India Digest: Affirma leads $40m funding in EPACK Durable; Procol raises $6.4m from GMO, others
EPACK had raised $24m from ICICI Ventures in Sept 2021
India Digest: Fundraising milestones for Neo Asset Management, WSB Real Estate Partners
Neo Asset Management said it has raised $78.4m for the first close of its fund.
Ronnie Screwvala-backed Lido the latest Indian edtech startup to go bankrupt
The company also defaulted on payments to former employees
Sequoia Surge-backed fintech startup Klub raises $10m
Most of the capital — $3.5m — came from Roll Up Vehicles.
Asia Digest: India’s Daalchini raises $4m; Pakistan’s SnappRetail bags $2.5m
Unicorn India Ventures led the funding in Daalchini.