SEQUOIA CAPITAL INDIA
Premium luggage maker Eume raises Rs 15 crore in funding round led by Ashish Kacholia Eume plans to open its first flagship store this year, starting in Mumbai and tapping the aspirational population in tier II and III cities are among the company's top priorities. The Mumbai-based luxury brand offer diverse products like luggage, ve...
21 Jun, 2024, 06.00 AM ISTSilicon Valley VC fund General Catalyst acquires Venture Highway; will deploy $1 billion in India Venture capital fund General Catalyst is acquiring India-focussed early-stage investor Venture Highway to strengthen its India presence. As part of this move, Venture Highway—which has backed unicorns like Meesho and Moglix—will cease to exist and w...
20 Jun, 2024, 04.58 PM ISTPeak XV, Steadview, and Think Investments line up to fund jewellery retailer Bluestone in pre-IPO round Jewellery retailer Bluestone is in talks with Peak XV Partners, Steadview Capital, and Think Investments for a $100 million pre-IPO round. The investment is expected to value Bluestone at around $900 million pre-money.
18 Jun, 2024, 09.36 AM IST- ADVERTISEMENT
Sports apparel maker Technosport raises $25 million in funding from A91 Partners Bengaluru-based Techno Sportswear raises $25 million from A91 Partners for its performance wear brand Technosport, marking its first fundraise.
31 May, 2024, 02.08 PM ISTDigit IPO: tempering tech valuations & other top startup stories this week This is Pratik Bhakta in Bengaluru. Insurance startup Digit, by valuing itself at a discount of 25% to its last known private market valuation, seems to have stuck its neck out. And it’s a move that’s certainly got everyone talking.
11 May, 2024, 09.34 AM ISTVenturi Partners invests $27 million in Peak XV-backed K12 Techno Venturi Partners acquired a 5.12% stake in K12 Techno Services from Navneet Learning, operating Orchids international schools. The firm invests from its $180 million maiden fund in companies like Livspace, Country Delight, and Pristyn Care.
09 May, 2024, 08.16 PM ISTData collaboration software firm Atlan raises $105 million; valuation nearly doubles to $750 million Funding led by Singapore's GIC and US-based Meritech Capital values startup at $750 million, up from $450 million in March 2022 when it last raised funds
08 May, 2024, 08.25 PM ISTMohit Gupta, Mukesh Bansal’s omnichannel fashion startup Lyskraft raises $26 million in seed funding Former Zomato executive Gupta will steer the venture as CEO, Bansal to stay away from operations. The fashion startup will focus on offline play in the premium women's wear fashion category and expand into other lifestyle segments later.
26 Apr, 2024, 10.10 AM ISTChrysCap buys small stake in generics company La Renon for Rs 600 cr Incorporated in 2007 by Pankaj Singh, La Renon is engaged in the manufacturing and marketing of branded generic formulations. ChrysCapital is close to acquiring a minority stake in La Renon Healthcare via secondary sale of shares, at a valuation of ...
16 Apr, 2024, 12.47 AM ISTTata Motors wants EV sops extended; Peak XV's new fund Tata Motors, which dominates the local EV market with a share of more than 70%, wants New Delhi to help replicate an enabling environment similar to the one in China that has pledged to support adoption of electric vehicles until unit sales touched ...
12 Mar, 2024, 08.15 PM ISTVCs hire experts to help with exits as LPs look for returns One of the major concerns voiced by investors regarding India consistently has been the lack of exit liquidity opportunities. To take on this problem, over the last two years, leading venture capital funds including Lightspeed, Accel and Matrix Part...
08 Mar, 2024, 08.06 AM ISTSpacetech startup Digantara raises $2 million from Aditya Birla Ventures, others The latest capital infusion marks the final close of the Bengaluru-based startup’s Series A stage of funding at $12 million. In June 2023, Digantara had raised $10 million led by Peak XV Partners (formerly Sequoia Capital India and Southeast Asia).
29 Feb, 2024, 10.11 AM ISTByju on rights issue, board changes; PhonePe launches Indus Appstore Days ahead of a decisive extraordinary general meeting, Byju Raveendran wrote a letter to shareholders informing them that the edtech firm’s rights issue has been fully subscribed. Details of this and more in today’s ETtech Top 5.
21 Feb, 2024, 07.41 PM ISTA reset is on cards at Byju’s cap table post rights issue value cut Depending on the final set of investors subscribing to the share sale, Byju’s founder Byju Raveendran may also end up owning more in the co if he manages to arrange capital for the financing.
31 Jan, 2024, 09.37 PM ISTShift in sentiment: Angel investors exercise caution amid changing startup dynamics The Indian startup scene has seen a shift in angel investor focus, with many investors becoming more cautious. In 2020, angel investors like Reshbha Munjal and Zuhaib Khan shifted their investments to private markets after seeing the success of comp...
29 Jan, 2024, 07.53 PM ISTDelhi HC orders apps to suspend accounts impersonating Peak XV, Sequoia Capital The accused impersonated Peak XV and Sequoia Capital to create bogus investment platforms that duped many unsuspecting investors. The scam came to light after the Peak XV Partners alerted the general public through posts on Linkedin and Twitter on D...
29 Jan, 2024, 07.28 PM ISTByju’s big valuation cut by BlackRock; HCLTech, Wipro earnings a mixed bag Happy Friday! Beleaguered edtech company Byju’s valuation has been slashed again – this time to $1 billion – by BlackRock, the world’s largest asset manager. This and more in today’s ETtech Top 5.
12 Jan, 2024, 08.01 PM ISTWealth management firm Neo raises $35 million from Peak XV Partners The round marks one of the bigger growth cheques that Peak XV has written this year after separating from its US-franchise Sequoia Capital, amidst an ongoing funding winter.
19 Oct, 2023, 09.33 AM ISTETtech Deals Digest: Startups raise $86 million in funding this week Funding in Indian startups plummeted almost 38% from $139 million raised across 33 rounds in the same period last year, according to data provided by market intelligence firm Tracxn.
06 Oct, 2023, 08.06 PM ISTE-visa startup Atlys raises $12 million from Elevation Capital, Peak XV, others The funds raised will be used to expand the platform’s product offerings for travellers, attract customers and further strengthen the team through talent acquisition, the statement added. The San Francisco, California-headquartered startup had previ...
21 Sep, 2023, 06.00 AM IST