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Zomato Block Deal: Antfin Singapore To Offload Shares Worth $408 Mn. Amid Zomato’s bull run on the bourses, Ant Group’s arm Antfin Singapore is reportedly looking to sell the foodtech giant’s shares worth $408 Mn (INR 3,422.84 Cr). As per a report

BluSmart’s existing investors, including BP Ventures and ResponsAbility Investments, are reportedly planning to invest $30 Mn (INR 253.64 Cr) in an effort to revive the electric cab-haling startup. The funding will be in the form of unsecured debt a

𝗪𝗵𝘆 𝗨𝗻𝗶𝗰𝗼𝗿𝗻𝘀 𝗮𝗿𝗲 𝗦𝗵𝗶𝗳𝘁𝗶𝗻𝗴 𝗧𝗵𝗲𝗶𝗿 𝗗𝗼𝗺𝗶𝗰𝗶𝗹𝗲 𝗕𝗮𝗰𝗸 𝘁𝗼 𝗜𝗻𝗱𝗶𝗮 ?? Recently, unicorn Groww completed its reverse flip, shifting its domicile to India from the U S. accounting for around $60 Mn-$70 Mn (approx. IN

Antfin, an affiliate of Alibaba Group, is reportedly set to sell 18.8 Cr shares of foodtech major Eternal in a block deal worth around INR 5,375 Cr (about $613 Mn). This comes a day after the investor exited fintech major Paytm. Citing sources, CNBC

Top News of the Week 1. Funding: - This week, IPO-bound non banking financial company Aye Finance raised $12.8 Mn in debt from a clutch of investors, including Northern Arc, ASK Financial Holdings. This was the largest funding round of the week. -

1. Key Startup Funding Highlights Of The Week - Indian startups cumulatively raised $185.8 Mn across 21 deals, a 49% increase from $125 Mn secured via 18 deals in the preceding week - Lightspeed, Peak XV and Elevation Capital backed multiple startu

Top News of the Week 1. Funding: - The week saw the first mega funding deal materialise for an Indian startup in the form of healthtech unicorn Innovaccer’s $275 Mn Series F fundraise. - On the back of this, healthtech emerged as the most funded

Top News of the Week 1. Funding - Two mega funding deals materialise in the form of Rebel Foods and Mintifi. - On the back of Rebel Food’s $210 Mn fundraise, consumer service emerged as the investor favourite this week. - Startups in the space ra

BlackBuck To Appeal Tax Demand Notice Over TDS Issues Listed logistics startup BlackBuckBlackBuck Datalabs_in-article-icon today said it received a tax demand notice totalling INR 28.55 Lakh from the Income Tax (I-T) Department. In a filing with t

Top News of the Week: 1. Funding: - Between October 21 and 26, startups cumulatively raised $145.5 Mn across 10 deals, a 70% decline from $478 Mn raised in the preceding week. - Deal count also went down sharply this week by about 65% from last we