Steadview Capital News Today

Out of the total reserves held by CoinDCX, Rs 918 crore ($110.21 million) was kept in cold wallets and Rs 2,590 crore ($310.71 million) was held on the blockchain.

Ahead of the issue opening, the firm raised about Rs 1,176 crore in the anchor round, where Fidelity Investments, Goldman Sachs, ADIA, and Custody Bank of Japan were among the investors.

The Bengaluru based insurtech startup saw the retail portion subscribed 4.3 times, non institutional investors subscribed 7.2 times while qualified institutional buyers subscribed to the IPO 12.5 times. The Fairfax backed startup is looking to go public at a valuation of $3 to $3.2 billion

Innovaccer is in advanced stages of talks to raise as much as $250 million in a new financing round, after raising $150 million at the end of 2021.

The stock markets in Asia were impacted early on Thursday by the volatile session on Wall Street the previous...

Over and above Delhivery, CPPIB has also bet on other new-age firms in the past like Zomato, Flipkart, Nykaa, Acko, Dailyhunt, Paytm and Byjus

According to exchange data, CPPIB currently holds 5.96% stake in the firm, which is also backed by the likes of Nexus Ventures, Steadview Capital, Softbank, and Fedex.

Uniqus Consultech, a platform that offers ESG and Accounting & Reporting Consulting, has raised $10 million in Series B funding.

BharatPe saw 77 percent surge in merchant onboarding in February 2024 compared to the previous month, and its website traffic for onboarding inquiries rose by over 47 percent during the same period

A91 Partners, launched in 2018, debuted with a $350 million maiden fund. Just three years later, they scaled up significantly, securing $550 million for their second fund, targeting both late-stage venture and early-growth investments. This will be among the fastest scale-ups in terms of fund size for a domestic investment fund.