The car sales platform has raised $250 million in equity and debt funding from LeapFrog Investments, Mirae Asset, Franklin Templeton, Canyon Partners and Harbor Spring Capital, in a round that made it India’s 33rd unicorn in 2021. 

The startup will use the fund to expand its portfolio and to launch its conversational AI platform, ConveGenius AI in India and global markets.

The state-run power giant NTPC Limited may buy a 7-10 percent stake in Power Exchange of India Ltd (PXIL), sources told CNBC-TV18.

Reliance Retail on Tuesday announced it has bought a majority stake in designer label Ritu Kumar. This is the second investment by the company in a couture brand in just a week’s time.

The deal comes at a time when Stripe is accelerating its investments in India by adding payment methods and increasing local hiring. Recko will help Stripe add payments reconciliation to its product offerings.

Delhi-based content platform ScoopWhoop will continue to work as an independent brand and media house within the Good Glamm Group.

While currently the IPO wave is in full swing, we decided to analyze whether the buoyancy in the Indian public markets translates to increased deal momentum...

In a panel discussion with YourStory’s Daily Dispatch, Ankur Mittal of Inflection Point Ventures, Kishan Karunakaran of Buyofuel, and Amol Anand of Loom Solar, discuss the future of cleantech startups.

With the fresh capital, Sourcewiz expects to expand its engineering, product management, sales, and customer success teams.

The startup said Coding Minutes' acquisition will strengthen Scaler Academy's course portfolio in the segment of code learning.

Sources involved with partners of the company in the IPO process said Paytm didn't want to add additional steps to the IPO and is directly headed for the market listing.

The capital will primarily be directed towards strengthening the company’s brand, scaling distribution and operations, R for Rabbit stated.

The company has also appealed to the Delhi High Court to allow the company to conduct the meeting of shareholders and creditors as directed by NCLT’s Mumbai bench in September.

The biggest domains that have gained the investors' interest especially after the pandemic are ecommerce, payments/fintech, and edtech sectors.

Launched in 2019, SaaS startup Zenduty aims to use this capital for growth initiatives, which includes product development and hiring.

B2B automobile spares parts startup Koovers will use the funds to enter more geographies across India, expand its product portfolio, and upgrade its technology platform.

Chennai-based legaltech startup Vakilsearch will use the funding for product development, marketing, and hiring.

Enterprise software startup OSlash plans to utilise this funding for hiring and growth marketing. This will include expansion into enterprise search.

With this round of funding, Cloudphysician looks to expand its critical care footprint globally, develop adjacent solutions and grow its commercial, medical, technology and data science talent.

Drip Capital will use this funding round to scale its business with investments in go-to-market initiatives and product development.