Carta, a once-high-flying Silicon Valley startup that loudly backed away from one of its businesses earlier this year, is working on a secondary sale that would value the […]
Unicorn-rich VC Wesley Chan owes his success to a Craigslist job washing lab beakers
Wesley Chan is often seen in his signature buffalo hat; however, he may be even more well-known for his ability to spot unicorns. Over the course of his […]
Avendus, India’s top venture advisor, confirms it’s looking to raise a $350 million fund
Avendus, the top investment bank for venture deals in India, confirmed on Wednesday it is looking to raise up to $350 million for its new private equity fund. […]
Indian insurance startup Go Digit raises $141M from anchor investors ahead of IPO
Go Digit, an Indian insurance startup, has raised $141 million from dozens of investors as part of an initial public offering that starts on Wednesday. Fidelity, Goldman Sachs, […]
Daloopa trains AI to automate financial analysts’ workflows
Thomas Li was working at Point72, the hedge fund founded by notorious investor Steve Cohen, when he realized that the financial industry relies heavily on manual data entry […]
Despite recent successes, IPO market still won’t fully open until 2025
This year already proved that startups are willing to go public in a less-than-ideal market — and get rewarded for it, too. But bankers, lawyers and investors said […]
Freshworks acquires Device42 for $230M, appoints Dennis Woodside new CEO
Freshworks, the publicly listed SaaS firm, is acquiring U.S.-based startup Device42 for $230 million, the company disclosed in an SEC filing. Alongside the acquisition disclosure, Freshworks revealed that […]
Peak XV’s Piyush Gupta leaves firm to start own secondary-focused VC fund
Piyush Gupta, one of the operating leaders at Peak XV Partners, has left the firm to start his own fund, four people familiar with the matter told TechCrunch. […]
India’s Exponent Energy brings 15-minute charging to passenger three-wheelers
India is getting an electric three-wheeler passenger vehicle that charges from 0 to 100% in 15 minutes. The launch of the new EV — a collaboration between auto […]
Avendus, top India venture advisor, seeks $300 million for new PE fund
Avendus, India’s leading investment bank for venture deals, is looking to raise about $300 million for its private equity unit, according to three sources familiar with the matter. […]