Cars24 raises $400 mn in funding, valuation up 83%

The investment will be utilised for the company’s expansion in West Asia, Australia, and Southeast Asia, and to strengthen its foothold in India. Deepsekhar Choudhury reports. Cars24, an......

Swiggy closes $1.25 bn funding led by SoftBank

Food ordering and delivery platform Swiggy on Tuesday announced closure of $1.25 billion (approximately Rs 9,345 crore) funding led by SoftBank Vision Fund 2 and Prosus. As per sources, the......

Swiggy turns decacorn, company valued at $10.7 bn now

Food delivery platform Swiggy on Monday said it has raised $700 million (nearly Rs 5,225 crore) in new funding, led by investment firm Invesco, which will be mainly used for accelerating growth of......

Softbank's big-ticket investments in India

With Nikesh Arora's exit from Softbank, Indian start-ups have lost one of its biggest supporters. IMAGE: Nikesh Arora with Prime Minister Narendra Modi. Photograph kind courtesy: Nikesh......