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Khatabook raises $25M to help businesses in India record financial transactions digitally and accept online payments

Khatabook raises M to help businesses in India record financial transactions digitally and accept online payments Even as tens of millions of Indians have come online for the first time in recent years, most businesses in the nation remain offline. They continue to rely on long notebooks to keep a log of […]

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On a growth tear, work trip SaaS TravelPerk adds $60M to its Series C

On a growth tear, work trip SaaS TravelPerk adds M to its Series C Business travel SaaS startup, TravelPerk, has announced it’s more than doubled the $44M Series C round we wrote about just nine months ago — taking in a further $60M from its existing investors, which brings the round to […]

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A 23-year-old B2B company has shown how keen India is for tech IPOs

A 23-year-old B2B company has shown how keen India is for tech IPOs Away from the limelight of the press and the frenzy of fundraising, a tech startup in India has achieved a feat that few of its peers have managed: going public. IndiaMART, the country’s largest online platform for selling products […]

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Less than 1 year after launching its corporate card for startups, Brex eyes $2B valuation

Less than 1 year after launching its corporate card for startups, Brex eyes B valuation Brex, the fintech business that’s taken the startup world by storm with its sought after corporate card tailored for entrepreneurs, is raising millions in Series D funding less than a year after it launched, TechCrunch has learned. […]

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Flipkart co-founder and other top names join AngelList’s first investment syndicate in India

Flipkart co-founder and other top names join AngelList’s first investment syndicate in India A little over a year after it introduced Syndicates to the India market, AngelList — the U.S. service that helps connect companies with investors — is rolling out its own fund in the country with the backing of some […]

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Cross-border fintech startup Airwallex raises $100M at a valuation of over $1B

Cross-border fintech startup Airwallex raises 0M at a valuation of over B Australia-based Airwallex is the tech startup to enter the billion-dollar ‘unicorn club.’ The company announced today that it has closed a $100 million Series C round that values its business above $1 billion. Started in Melbourne in 2015 by four […]

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India’s Ola spins out a dedicated EV business — and it just raised $56M from investors

India’s Ola spins out a dedicated EV business — and it just raised M from investors Ola, Uber’s key rival in India, is doubling down on electric vehicles after it span out a dedicated business, which has pulled in $56 million in early funding. The unit is named Ola Electric Mobility and […]

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Startups Weekly: Flexport, Clutter and SoftBank’s blood money

Startups Weekly: Flexport, Clutter and SoftBank’s blood money The Wall Street Journal published a thought-provoking story this week, highlighting limited partners’ concerns with the SoftBank Vision Fund’s investment strategy. The fund’s “decision-making process is chaotic,” it’s over-paying for equity in top tech startups and it’s encouraging inflated valuations, sources told the WSJ. […]

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Food delivery startup Swiggy raises $1 billion more from Naspers, Tencent and others

Food delivery startup Swiggy raises billion more from Naspers, Tencent and others Naspers, the South African investment giant, is back at it again in India! Days after backing educational startup Byju’s by leading a $540 million investment, it has led a $1 billion investment in food delivery company Swiggy. The new round […]

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Distinguished VCs back wholesale marketplace Faire with $100M at a $535M valuation

Distinguished VCs back wholesale marketplace Faire with 0M at a 5M valuation A slew of venture capitalists known for high-profile exits — Kirsten Green of Forerunner Ventures, Keith Rabois of Khosla Ventures, Alfred Lin of Sequoia Capital and Alex Taussig of Lightspeed Venture Partners — have invested in Faire (formerly known as […]

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