NASSCOM Report: India Will Have 200 Unicorns By 2025
According to the latest report by NASSCOM and Zinnov, the Indian startup ecosystem raised $24.1 billion worth of equity investment in 2021 and is all set to grow to 200…
Shiprocket Acquires B2B Logistics Aggregator Rocketbox
Shiprocket, a tech-enabled logistics aggregator backed by Zomato, has acquired Rocketbox, a B2B logistics aggregator platform, for an undisclosed amount. The deal will help Shiprocket enhance its infrastructure and expand…
E-commerce Unicorn Mensa Brands Acquires Majority Stake In Personal Care Brand Florona
Mensa Brands, India’s first tech-led house of brands, has acquired a majority stake in Florona, a digital-first aromatherapy brand. Florona, launched by Aayush Gupta, is a digital-first personal care brand…
Delhi-based Shiprocket To Acquire 75% Stake In Wigzo Tech
Shiprocket, a logistics aggregator backed by Zomato, is all set to acquire a 75% stake in Delhi-based Wigzo Tech for a valuation of around $20-25 million. According to sources, the…
Edtech Unicorn upGrad to acquire Gurugram-based Talentedge
Edtech unicorn upGrad has announced that it is set to acquire Gurugram-based Talentedge, which is India’s fourth-largest online higher education company, for around Rs 350-400 crore. The edtech unicorn has…
8i Ventures Raises $50M For Its Fund II, Will Focus On Fintech Startups
8i Ventures, a Mumbai & Bangalore based early-stage fund, has raised $50 million for its Fund II. The fund aims to invest in startups operating in the fintech space as…
Report: India Ranks Fourth Globally For VC Investments In Healthtech Sector Since 2016
According to the latest data from London & Partners and Dealroom.co, India has ranked fourth globally for healthtech investments by venture capitalists (VCs) since 2016. Taking the total investments by…
Antler India Launches Fellowship Programme For Student Entrepreneurs With $20,000 Grant
Early-stage VC fund Antler India has launched a fellowship programme, Antler India Fellowship, targeted at student entrepreneurs, which provides an equity-free grant of $20,000. Antler India Fellowship will be a 16-week programme designed to…
Mumbai-based Merisis Advisors To Raise A Dedicated Startup Fund
Merisis Advisors, a Mumbai-based investment banking firm, is raising a dedicated startup fund as it seeks to tap opportunities from the pandemic-led digital growth. The fund named ‘Merisis Opportunities Fund‘…
Report: India’s Gaming Market Is Set To Become $7B In FY 2026
According to a comprehensive report by Lumikai and Redseer, India’s gaming market is set to become $7 billion in FY2026 (more than 3X of the market in FY2021). The report titled “India Gaming…