From TechCrunch
By Manish Singh
December 12, 2023
Tribe Capital is in talks to lead a $75 million to $100 million funding into the logistics aggregator Shiprocket, according to a person familiar with the matter, a notable financing deliberation at a time when most Indian startups are struggling to raise capital. The funding talks are ongoing and the terms may change, two people […]
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Accel could raise billions for India, but it’s sticking to $650 million
Accel has maintained its India fund size at $650 million for its eighth vehicle, even as other venture firms in the region are racing to raise increasingly larger pools of capital. The firm had ample opportunity to raise “multi-billion dollars,” said Shekhar Kirani, partner at Accel, in an interview with TechCrunch. But unlike peers who have supersized their funds, Accel is holding steady based on a calculated analysis of India’s venture opportunity. Peak XV has amassed $2.5 billion in its newe
Jan 5, 2025
India’s Captain Fresh in talks to raise $50 million in new funding
Captain Fresh, a business-to-business harvest-to-retail marketplace for animalnprotein, is engaging with investors to raise up to $50 million in fresh funding,naccording to sources familiar with the matter. The startup is in advanced stagesnof deliberations to raise the capital from Nekkanti Sea Foods, SBI Investment,nEvolvence, Tiger Global, and Prosus Ventures, the sources […]
Jan 21, 2024
Flipkart-backed Shadowfax nears $60 million funding led by TPG NewQuest
Indian logistics startup Shadowfax is finalizing a funding round of about $60 million, more than a year after it began the funding deliberations, two sources familiar with the matter said. TPG’s NewQuest is positioning to lead the round, which also includes some secondary transactions, the sources said, requesting anonymity as the deliberations are private. The […]
Aug 1, 2023
PhonePe expands new funding to $850 million
General Atlantic has poured another $100 million into PhonePe, four months after leading a $350 million investment in the Indian fintech startup that has so far raised $850 million in an ongoing financing round at the height of the slowing global economy. Walmart-backed PhonePe disclosed the investment in a statement on Monday. The ongoing round […]
May 21, 2023