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Grapevine: Peak XV-backed Kenko may shut shop; Zepto gets more investors

General

12 June, 2024

Grapevine: Peak XV-backed Kenko may shut shop; Zepto gets more investors

Kenko Health, which is backed by Peak XV Partners and Orios Venture Partners, is on the brink of shutdown due to a shareholder ......

Swiggy, Zepto and Zomato's Blinkit cash in on quick commerce boom

TMT

11 June, 2024

Swiggy, Zepto and Zomato's Blinkit cash in on quick commerce boom

In a middle-class suburb of Mumbai, workers at SoftBank-backed Swiggy's grocery warehouse race against time to deliver orders within 10 ......

Stride Ventures hits final close of third fund, misses target

Finance

01 May, 2024

Stride Ventures hits final close of third fund, misses target

Venture debt firm Stride Ventures, whose portfolio includes Sugar Cosmetics, The Good Glamm Group, Mensa Brands, Zepto and Yubi (CredAvenue), ......

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Grapevine: Mizuho, NBD Emirates eye Avendus; Zepto turns to PEs after Flipkart stalemate

General

19 April, 2024

Grapevine: Mizuho, NBD Emirates eye Avendus; Zepto turns to PEs after Flipkart stalemate

Japan’s Mizuho Bank and Dubai’s NBD Emirates are in advanced talks to acquire KKR’s stake in Avendus Capital, with bids expected in 2-3 weeks, a ......

Consumer goods firms gear up to cash in on a sizzling summer

Consumer

15 April, 2024

Consumer goods firms gear up to cash in on a sizzling summer

Indian consumer goods companies such as makers of cooling systems, beer and ice cream are attempting to capitalise on a ......

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How India's top-funded startups curbed cash burn as VC funding slowed

TMT

09 April, 2024

How India's top-funded startups curbed cash burn as VC funding slowed

India’s top-funded startups reduced their average monthly cash burn rate in the financial year ended March 2023, as they reined ......

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Indian startups' income from VC cash lying in bank deposits, mutual funds jumps again

TMT

03 April, 2024

Indian startups' income from VC cash lying in bank deposits, mutual funds jumps again

India’s top technology startups generated high non-operating revenue for the second year in a row during the 12 months through ......

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Grapevine: Zepto eyes fresh funding; KKR, OrbiMed plan exits from healthcare firms

General

02 April, 2024

Grapevine: Zepto eyes fresh funding; KKR, OrbiMed plan exits from healthcare firms

Quick commerce startup Zepto is in early discussions to raise over $300 million (Rs 2500 crore) from global investors to ......

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India's top-funded tech startups reined in FY23 losses as revenue growth slowed

TMT

29 March, 2024

India's top-funded tech startups reined in FY23 losses as revenue growth slowed

India's top-funded technology startups, which went overboard with expenses to attract talent and customers in 2021-22 thanks to record venture ......

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Grapevine: Serentica mulls stake sale; Pine Labs, Zepto may shift HQ to India

General

20 March, 2024

Grapevine: Serentica mulls stake sale; Pine Labs, Zepto may shift HQ to India

Serentica Renewables, backed by Sterlite Power, is in talks to sell a minority stake to raise about $300 million (Rs ......

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