US co to invest $29.5 mn in 2 Indian cos

Lightspeed Venture Partners, a US-based venture capital firm, on Monday announced investments of $29.5 million in two Internet companies in Bangalore. Lightspeed invested $22.5 million in......

Zepto adds $340 million to basket; valuation at $5 billion ahead of IPO

Quick commerce major Zepto has raised $340 million in a follow-on financing round at a valuation of $5 billion as it gears up for an initial public offering (IPO). Photograph: Kind courtesy......

After extended winter, signs of thaw in Indian edtech sector

After a prolonged winter, the Indian edtech sector seems to be witnessing some signs of a thaw. Photograph: Kind courtesy August de Richelieu/Pexels The sector has received $608.8 million of......

In red-hot AI space, funds for Indian startups cooling down: Traxcn

Venture capital (VC) and private equity (PE) funding for Indian startups in the artificial intelligence sector has seen a dramatic decrease with deal sizes shrinking, notwithstanding the buzz......