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HR tech platform Darwinbox has more than tripled its valuation to become a unicorn in a new $72 million funding round as the Indian startup leads what an investor calls the “SaaSification of Asia” trend. Technology Crossover Ventures (TCV) — an investor known for backing firms such as Netflix, Meta, Spotify and Airbnb — led […]
The biggest stories from the past week in Indian tech and the issues that got the startup ecosystem buzzing
Six fundraising rounds so far. Moj was launched in July last year. New Delhi: Mohalla Tech, the parent company of leading short video app Moj and vernacular social media platform ShareChat, on Thursday said it has raised $502 million (about Rs 3,726 crore) in its Series E funding round, taking the valuation to a little over $2.1 billion. The latest investment round was led by Lightspeed Ventures and Tiger Global, along with participation from Snap, Twitter and India Quotient and others. Founded in 2015, Mohalla Tech has successfully raised over $766 million across six fundraising rounds, enab...
ShareChat, Moj raise Rs 3,726 cr, join unicorn club By IANS | 3 Views ShareChat.. Image Source: IANS News New Delhi, April 8 : Mohalla Tech, the parent company of leading short video app Moj and vernacular social media platform ShareChat, on Thursday said it has raised $502 million (about Rs 3,726 crore) in its Series E funding round, taking the valuation to a little over $2.1 billion. The latest investment round was led by Lightspeed Ventures and Tiger Global, along with participation from Snap, Twitter and India Quotient and others. Founded in 2015, Mohalla Tech has successfully r...
Life lessons from Covidian era startups The pandemic-induced boom in online education may lead to profitability, rare in the startup space. (Photo: iStock)Premium Many feel an economic downturn is the best time to start up. How do freshly minted Indian promoters fare? This flood of early-stage activity has prompted investors to pause and consider whether the factors boosting early-stage startups in sectors like education and health will sustain post pandemic. Share Via Read Full Story BENGALURU : After India announced a nationwide lockdown in late March 2020, Siddharth Biyani, a Gurugram-bas...