Zomato grants $150-million loan to Blinkit
Foodtech platform Zomato informed stock-exchanges on Tuesday that it will lend $150 million to Grofers India in one or more tranches with a tenor of up to one year at an…
Moonshot Brands funding, acquisitions highlight change in e-commerce aggregator space – TechCrunch
Moonshot Brands today announced it secured $30 million in equity and $150M in a credit facility that will be used, in part, to purchase assets from other e-commerce aggregators. Co-founder…
FleetZero looks to capsize the shipping world with electric vessels serving forgotten ports – TechCrunch
We’ve been shipping things across the oceans for centuries, and the world’s supply chains increasingly rely on diesel-powered megaships big enough to block entire channels by themselves. How do you…
Will VC investment into Chinese startups slow as the country’s tech stocks shatter? – TechCrunch
Shares of Chinese technology companies are selling off at home and abroad this week as the nation’s ties to Russia add to investor uncertainty at the expense of China’s tech…
Proptech Unicorn NoBroker Announces INR 32.2 Cr ESOP Buyback
95 former and current employees were given the opportunity to liquidate The development comes 4 months after NoBroker entered the unicorn club after raising a $210 Mn Series E funding…
MetaMask parent company ConsenSys raises Series D at $7B valuation – TechCrunch
Crypto developer ConsenSys, which owns the popular Ethereum-based MetaMask wallet, announced a $450 million Series D round today that values the company at $7 billion, nearly double in worth since…
How to Rebuild a Failing Business
When your business isn’t as successful as you had hoped, it’s pointless to blame the economy, consumer buying habits, or any external factor. It’s also a waste of time to…
Bobbie drinks up $50M to expand infant formula product line – TechCrunch
Organic infant formula company Bobbie is taking a hint from its staggering revenue results in 2021 to get out in front of its product pipeline. Laura Modi, co-founder and CEO…
Hero Backs BlueStone With $30 Mn Funding; Valuation Reaches $410 Mn
The funding pegs the omnichannel jewellery retailer at $410 Mn Funding to be used to ramp up manufacturing capabilities and to accelerate its pan-India rollout BlueStone plans to launch 100…
Ecosia has started ploughing search ads profit into green energy – TechCrunch
Not-for-profit search engine Ecosia has started funnelling a portion of the profits it generates from serving ads against users’ searches into startups in the renewable energy space. This is in…
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