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Accel Partners And Tiger Global

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Early Diwali at Ola, gets $1.1 bn funding, another $1 bn in pipeline

 The company did not disclose the valuations at which funds were raised. Transportation app Ola said on Wednesday it has raised $ 1.1 billion in funding led by Tencent Holdings and is in "advanced......

Tiger Global-backed Koo lays off 30% of its workforce in a year

 Tiger Global-backed Koo, an Indian alternative to Twitter, has laid off 30 per cent of its workforce of 260 employees in the last year as the budding firm, like many other start-ups in the country,......

Tiger Global back on the prowl in Indian start-up arena

 The investor has now put together a fund of $3.75 billion to back private companies. After over two-year long hiatus from investing in Indian startups, global venture capital firm Tiger Global......

Why Foreign VCs Have Shut Their Taps

 Foreign investment in India's start-ups has plummeted 72 per cent to $4.58 billion so far, from $16.2 billion during the same period last year. IMAGE: Kindly note the image has been posted only......

Fund-raises by fintechs slowed by 47% in 2022

 Recently, Slice, a payment app, acquired a 5 per cent stake in North East Small Finance (NESF) for $3.42 million — the first such deal by a fintech in a small finance bank. Illustration:......

Mumbai's slumdwellers turn out to be Snapdeal fans

 As residents have no official address, Snapdeal delivers to the Dharavi centre, where buyers pick up their orders. Image: Dharavi, a battleground for new customers. Photograph: Reuters  ......

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