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Why Info Edge Lost Faith In 'bijnis' - Vimarsana News

Why Info Edge Lost Faith In 'bijnis'

Published: June 2, 2023

Sanjeev Bikhchandani backed B2B marketplace bijnis in 2018 and remained bullish on the startup for five years, owning the biggest stake with 26.27percent. He eventually realised that with high cash burn, unsustainable unit economics and a funding winter, bijnis didn't make sense

Source: forbesindia.com
Related Topics:
New DelhiKitty AgarwalShubham AgarwalAshish JainShraeyansh ThakurSiddharth RastogiSiddharth VijSequoia CapitalWhy Info EdgeInfo EdgeMatrix Partners IndiaWaterbridge VenturesChaitanya RathiInfo Edge VenturesSequoia India
Breaking: Info Edge Writes Off Entire Investment In Sequoia, Tiger-Backed Bijnis - Vimarsana News

Breaking: Info Edge Writes Off Entire Investment In Sequoia, Tiger-Backed Bijnis

Published: May 26, 2023

Info Edge said it wrote off its entire investment of INR 76.6 Cr in Bizcrum infotech Private Ltd, the parent entity of Bijnis, in Q4 FY23

Source: inc42.com
Related Topics:
Deepinder GoyalRahul YadavSiddharth RastogiShubham AgarwalSiddharth VijRuchi KalraBizcrum InfotechAsish MohapatraStartup Investment Holding LtdSequoia Capital4b NetworksInfo EdgePrivate LtdTiger GlobalMatrix Partners IndiaSequoia Capital IndiaWaterbridge VenturesStartup InvestmentChaitanya Rathi