It was a heavy week from a value perspective with Swiggy turning decacorn. We had only 50 deals captured on our platform, the aggregate value of deals was well over 13000 cr. Swiggy, Ola Electric deals, and new Unicorns Swiggy turns decacorn with a 5218 cr Series K round led by Invesco, in the process…
Read moreOfBusiness and Bizongo Raw material sourcing startup ofbusiness made big news this week with a 3540 cr fundraise from several investors including Falcon Edge chipping in Rs 1,332cr, followed by Tiger Global with Rs 761cr, and lastly, SoftBank with Rs 380cr. The rest is secondary. On similar lines, but only focused on packaging, Bizongo raised…
Read moreTiger deals this week The unicorn stories for 2021 is not yet over, this week we saw 3 more joining in the party. First is Upstox raising 185cr from Tiger at a valuation of 25330cr joining the likes of Zerodha in the year of unprecedented new investors coming into the market. Second was Spinny with…
Read moreFireworks in Indian Tech IPOs The week (Oct 30-Nov 5 2021) was all fireworks in IPOs, when doyens of India tech successfully closed their offers. In this list we have PB Fintech raising 5710 cr (subscribed 16 times), Nykaa raising 5352 cr (subscribed 81 times), and Fino raising 1200 cr (subscribed 2 times) in the…
Read moreUnicorns This week (Oct 23-29 2021) has to be declared the ‘week of the skin/beauty with so many deals. But before we get there, we will cover the customary unicorns minted in the week. Acko became the 34th unicorn for the year with a 1911cr raise from General Atlantic, Multiple PE, Tiger, Alkeon and others…
Read moreUnicorns First comes the unicorns, Ola Electric raises Rs 1,485cr led by Falcon and SoftBank at Rs 22,275cr valuation, Meesho raises Rs 4,235cr in Series F round; valuation doubles to Rs 36,407cr, Tiger Global leads Rs 1,486cr in Series F round in OfBusiness at Rs 22,290cr valuation and a new unicorn add Vedantu joins unicorn…
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