funding
- Business
Telegram raises $210 mn via bond sales amid funding crunch
New Delhi: Encrypted messaging platform Telegram has raised $210 million from several investors via bond sales. The investors include its founder and CEO, Pavel Durov. The fund raise comes as Telegram is…
- Business
Indian startup ecosystem logs lowest funding in 4 years
New Delhi: The Indian startup ecosystem reported the lowest six-month funding in the last four years, in the first half of this year at $3.8 billion across 298 deals — a decline…
- Technology
Battery Smart raises $33 mn, targets 100K customers by 2025
New Delhi: EV battery swapping network Battery Smart on Thursday said it has raised $33 million in its Pre-Series B funding that will be utilised to add 100,000 customers to its network…
- Technology
New PharmEasy funding round ‘sudden death’ for founders: Ashneer Grover
New Delhi: Former BharatPe Co-founder Ashneer Grover on Thursday claimed that the new funding round by the beleaguered unicorn PharmEasy is not a “down round” but actually the end and will bring…
- Technology
Startup funding plummets but India still one of top 3 funded geographies
New Delhi: While still ranking among the top three funded geographies globally (after the US and the UK), India’s funding trend mirrored the declining trend witnessed around the world in the first…
- Technology
No new unicorn in India in 2023 1st half, startup funding plunges over 70%
New Delhi: There was no new unicorn in India in the first half of 2023 as startup funding plunged more than 70 per cent in the January-June period from a year ago,…
- Technology
CoinSwitch facilitates nearly $25 mn in funding to 12 Web3 startups
New Delhi: Crypto investing platform CoinSwitch on Tuesday said it has facilitated nearly $25 million in funding in 12 promising startups via its Web3 Discovery Fund. The fund, launched under CoinSwitch Ventures…
- Technology
From 350 in 2014 to 90K, Indian startups mushroom, to weather funding winter
New Delhi: As the ongoing funding winter and hiring slowdown continue to haunt the tech world, India saw a never-seen-before spurt in the number of startups being created across the spectrum in…
- Pakistan
As terror outfits run amok, funding squeeze hits Pakistan counter-terrorism plan
Islamabad: Pakistan’s dismal economic condition and its struggle to meet the demands of the International Monetary Fund (OMF), imposing taxes, increasing rate of inflation and snowballing petroleum prices have not only forced…
- Business
Elon Musk cleared of fraud charges in ‘Tesla funding secured’ case
San Francisco: A court in the US has cleared Elon Musk in a class-action securities fraud over his tweets about taking Tesla private. The jurors deliberated for about two hours before reaching…
- Business
FuelBuddy raises $20 mn, aims to expand global footprint
New Delhi: Mobile energy distribution platform FuelBuddy on Monday said it has raised $20 million from global conglomerates. With these funds, FuelBuddy said it is poised for an aggressive expansion in India,…
- Business
Indian startup funding dropped by 33%, may become normal after 2-3 quarters
New Delhi: Funding for the Indian startups in CY22 was nearly $24 billion, a drop of 33 per cent in comparison to CY21 but was still more than twice the funds raised…
- Business
With $10.8 bn, Bengaluru top city on startup funding in 2022
New Delhi: Bengaluru topped the startup funding chart in India with $10.8 billion in 2022, followed by Mumbai at $3.9 billion, and Gurugram at a distant $2.6 billion. Startups based in Delhi…
- Business
KreditBee closes $200 mn Series D from Advent International, MUFG Bank, others
New Delhi: Fintech platform KreditBee on Friday said it has closed $200 million in its Series D round by raising additional $100 million in primary funding Advent International, Mitsubishi UFJ Financial Group…