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OYO has raised INR 550 Cr (about $65 Mn) from its founder Ritesh Agarwal’s Redsprig Innovation Partners. Redsprig Innovation is a venture capital firm headed by Agarwal. In November last year, Inc42 reported that Agarwal was looking to increase his stake in the company with a fund infusion of INR 550 Cr.
I'm just a normal gu... • 2m
B2B ecommerce company IndiaMART InterMESH Limited has completed the buyout of SaaS startup Livekeeping Technologies through a secondary deal worth INR 26.78 Cr ($3.1 Mn). It must be noted that IndiaMART initially acquired a majority 51.09% stake in
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Amazon Injects INR 350 Cr Into Amazon Pay India To Boost UPI Presence Ecommerce giant Amazon has infused INR 350 Cr into its digital payments arm, Amazon Pay India, as part of its efforts to strengthen its footprint in the country’s competitive UPI
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💡 How Much Do Listed Startup Founders Earn? 💰 Here’s the annual remuneration of prominent startup founders in FY24: 1️⃣ Supam Maheswari (₹103.8 Cr) – FirstCry 2️⃣ Amit Gainda (₹15.2 Cr) – Avanse Financial Services 3️⃣ Varun Alagh (₹5 Cr) – Mama
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Inspired by the global success of yoga, Deepak Agarwal launched AURIC in 2019 to take Ayurveda from India to the world, with 70% of its revenue coming from international markets like the USA, UK, and UAE Founded in 2019, AURIC is an Ayurvedic wellne
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Wait What ?? Thats Smart Move 🔥 Climate-focussed PE firm Eversource Capital is in talks to acquire BluSmart, which is in trouble following the crisis at its related entity Gensol, sources told Inc42. Eversource has offered to acquire the EV ride-
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🚀 Exclusive Investment Mandates – Seeking High-Growth Companies! Attention business owners and industry leaders! Our reputed Funders and Family Offices are actively looking to invest in established businesses poised for rapid growth. If you’re in t
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There's a company called Apna. It was the fastest company to become a "Unicorn" in India. It raised $200 Million in less than two years with ZERO revenues. Its FY23 financials are out. In FY22, Apna showed in its regulatory filings that its revenues
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Bengaluru police have apprehended an Axis Bank manager and three accomplices in Gujarat for allegedly siphoning off INR 12.5 Cr from the corporate account of CRED's parent company. The accused used forged documents, including fake board resolutions,
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