Manish Singh
TechCrunch
India
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Recent articles by Manish:
Pine Labs acquires Southeast Asian startup Fave for $45 million –
Pine Labs said on Tuesday it has acquired Southeast Asian startup Fave in a deal valued at $45 million as the Indian firm looks to strengthen its offerings in the domestic and international markets. Fave helps an offline merchant connect and retain customers by using gift cards and vouchers. The startup allows merchants to accept digital […] → Read More
Tiger Global leads $100 million investment in Indian social commerce DealShare –
Tiger Global has invested in DealShare, a startup in India that has built an e-commerce platform for middle and lower-income groups of consumers, just three months after the Indian firm concluded its previous $21 million Series C funding round. The New York-headquartered firm led the $100 million Series D round in three-year-old social commerce startup […] → Read More
Tiger Global goes super aggressive in India –
Recent roars from an investment firm, credited to put Indian startups on the global map in the past decade and a half, are turning local young firms into unicorns at a pace never seen before in the world’s second largest internet market. Tiger Global has written — or is in late stages of writing — […] → Read More
Messaging platform Gupshup raises $100 million at $1.4 billion valuation –
A startup that began its journey in India 15 years ago, helping businesses reach and engage with users through texts said on Thursday it has attained the unicorn status and is also profitable. San Francisco-headquartered Gupshup has raised $100 million in its Series F financing round from Tiger Global Management, which valued the 15-year-old startup […] → Read More
Indian edtech giant Byju’s to expand to international markets –
Byju’s plans to expand to international markets in the second half of next month as the Indian edtech giant, valued at over $13 billion, looks to accelerate its growth. The Indian edtech giant plans to launch to the U.S., UK, Brazil, Indonesia and Mexico next month and explore other geographies later this year. The startup’s […] → Read More
India’s Spinny raises $65 million to expand its online platform for selling used cars –
Hundreds of thousands of used cars are sold in India each month. But buying one through the offline and traditional channel could prove to be a painstakingly long and high-risk process. A Gurgaon-based startup that is attempting to improve this experience said on Thursday it has raised a new financing round. Spinny has raised $65 […] → Read More
ShareChat valued at $2.1B in $502 million fundraise –
ShareChat said on Thursday it has raised a new financing round that values it at $2 billion, joining four other local startups in attaining the unicorn status this week. The Indian social network said it has raised $502 million in a new financing round led by Tiger Global that valued the ShareChat at $2.1 billion. […] → Read More
Investment app for millennials Groww raises $83 million at over $1 billion valuation –
More than 200 million people in India transact money digitally, but fewer than 30 million invest in mutual funds and stocks. An Indian startup that is attempting to change this figure by courting millennials announced a new financing round on Wednesday and turned into the newest unicorn in the world’s second largest internet market. Bangalore-based […] → Read More
India’s CRED valued at $2.2 billion in new $215 million fundraise –
Two-year-old CRED has become the youngest Indian startup to be valued at $2 billion or higher. Bangalore-based CRED said on Tuesday it has raised $215 million in a new funding round — a Series D — that valued the Indian startup at $2.2 billion (post-money), up from about $800 million valuation in $81 million Series […] → Read More
India’s Swiggy nears $5 billion valuation in new $800 million fundraise –
Swiggy has raised about $800 million in a new financing round, the Indian food delivery startup told employees on Monday, as it looks to expand its business in the country quarters after the startup cut its workforce to navigate the pandemic. In an email to employees, first reported by Times of India journalist Digbijay Mishra, […] → Read More
Byju’s acquires Indian tutor Aakash for nearly $1 billion –
Why did Byju’s raise over $1 billion last year and is already inching closer to securing another half a billion dollars? We are getting some answers today. Byju’s said on Monday it has acquired Aakash Educational, a 33-year-old chain of physical coaching centres, as the Indian online learning giant looks to further consolidate its leadership […] → Read More
Facebook-backed Indian social commerce Meesho raises $300M at $2.1B valuation –
Meesho said on Monday it has raised $300 million in a new financing round led by SoftBank Vision Fund 2 as the Indian social commerce startup works to become the “single ecosystem that will enable all small businesses to succeed online.” The new round — a Series E — gives the five-year-old startup a valuation […] → Read More
LG is shutting down its smartphone business worldwide
LG said on Monday it will close its loss-making mobile phone business worldwide as the once pioneer brand looks to focus its resources in “growth areas” such as electric vehicle components, connected devices, smart homes, robotics, AI and B2B solutions, and platforms and services. The South Korean firm said in a statement that its board […] → Read More
Mastercard to invest $100 million in Airtel Africa’s mobile money business –
Mastercard will invest $100 million in Airtel Africa’s mobile money business, two firms said today, just two weeks after TPG’s Rise Fund also backed the telecommunications firm’s unit. The London-headquartered firm said it was taking a minority stake in Airtel Africa’s mobile money business. The deal valued Airtel Mobile Commerce at $2.65 billion, the two […] → Read More
India’s HealthPlix raises $13.5 million to help doctors treat patients more efficiently –
There are fewer than 300,000 doctors in India actively practicing medicine. They serve hundreds of millions of patients who suffer from chronic illness in the world’s second most populous nation. A doctor only has a few minutes to spend on a patient, remember the past diagnosis by glancing at their record, and look for progress. […] → Read More
Amazon acquires Indian retail startup Perpule –
Amazon has acquired a startup in India that is helping offline stores go online, the e-commerce group’s latest attempt to make inroads in the world’s second most populous nation where brick and mortar continue to drive more than 95% of sales. The American e-commerce group said on Tuesday evening that it has acquired Perpule, a […] → Read More
MobiKwik investigating data breach after 100M user records found online –
TechCrunch has learned that MobiKwik asked Amazon for logs last month after it found user data had been exfiltrated. → Read More
Byju’s in talks to acquire US-based reading platform Epic –
Byju’s is eying acquisition of a startup that could help the biggest e-learning Indian startup deepen its footprint in the U.S. The Indian startup is in talks to acquire online reading platform Epic, a startup that offers unlimited access to over 40,000 books, videos, and quizzes from more than 250 publishers to kids aged 12 […] → Read More
Google backs one-year-old Indian startup DotPe in $27.5 million fundraise –
Google’s latest investment in India is a startup that is helping businesses come online. One-year-old DotPe, a Gurgaon-based startup, said on Friday it has raised $27.5 million in its Series A financing round. The round was led by PayU, with participation from existing investor Info Edge Ventures and Google. The young startup, now valued at […] → Read More
Indian edtech giant Byju’s in talks to raise over $600 million at $15 billion valuation –
Indian edtech giant Byju’s, which raised about a billion dollars last year as the pandemic accelerated growth of online learning services in India, is about to kickoff its fundraising spree for this year. Byju’s is in talks to raise over $600 million in a new financing round that would value the Indian startup at $15 […] → Read More