Xiaomi Planning To Sell Its Stakes In Indian Startups
Xiaomi's ambitions of competing with Google play store in India and investing $1 Bn in startups received a setback post-2020
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Xiaomi's ambitions of competing with Google play store in India and investing $1 Bn in startups received a setback post-2020
Gurugram-based EV mobility startup Oye Rickshaw has laid off 40 employees earlier this month amid mounting losses and market downturn
Oye! Rickshaw looks to scale 10X, expand operations in 25 cities
[Weekly funding roundup] 6 unicorns and $2.5B investments in one week creates new record The second week of April 2021 was unprecedented for the Indian startup ecosystem — not only for the quantum of venture funding, but also the speed at which new unicorns emerged. 0 claps The Indian startup ecosystem broke all records after six startups turned unicorns and $2.5 billion of venture funding was raised in just one week. This unprecedented week set the stage for the remaining nine months of this year to create new benchmarks. To put it in context, the funding worth $2.5 billion for the second...
Alteria Capital backs Oye Rickshaw and 9 more India deal updates ResearchPremium Electric vehicle energy solutions firm Oye Rickshaw on Monday said it has raised about $3.2 million (Rs 24 crore) from venture debt firm Alteria Capital to expand smart lithium-ion batteries swapping stations across India. Currently, the company has 15 active battery swapping stations and it plans to expand to 650 across Delhi-NCR and five more cities by December 2021, PTI reported. With the latest investment, the company’s total funding stands at Rs 84 crore. It had earlier ...