Richard Hong found that while expanding his e-commerce brand of men’s personal care brands, gaining international customers was easy to do. The challenges came when trying to get […]
Peak XV-backed MobiKwik seeks to raise $84 million in India IPO
Indian financial services startup MobiKwik seeks to raise about $84.2 million through issue of new shares in an initial public offering in the home market, it said in […]
India widens regulatory grip over tech firms
In 2023, India introduced a series of regulations and tweaked policies that borrowed from Europe’s antitrust approach and Chinese-style government surveillance, alarming executives and investors in the world’s […]
India’s top VCs face fresh obstacles as startup investment plummets
High-flying venture investors in India managing hundreds of millions of dollars are tempering expectations, making early-stage startup bets that in best-case scenarios they hope will return 3 to […]
Five-month-old Indian AI startup Sarvam scores $41 million funding
Sarvam AI has come out of stealth mode and announced it has raised $41 million as the five-month old Indian startup races to build a suite of full-stack […]
Doubtnut, once offered a $150M deal by Byju’s, sells for $10M
Allen Career Institute has acquired Doubtnut in a deal that values the young edtech at $10 million, according to a person familiar with the matter, a reversal of […]
Mamaearth makes public debut, youngest Indian unicorn to list
Shares of Honasa Consumer, the parent firm of direct-to-commerce beauty and personal care Mamaearth, jumped slightly in a key public listing watched by many Indian startups as they […]
In Mamaearth, Peak XV finds its fourth 10x return since Sequoia separation
In the oversubscribed IPO of Mamaearth, Peak XV Partners has found its fourth 10x or greater return within the six months since separating from the Sequoia family. The […]
ADIA, Norges among anchor backers in Mamaearth’s $92M raise ahead of IPO
Honasa Consumer, the parent firm of skin and personal care brand Mamaearth, has raised about $92 million in an anchor round ahead of its initial public offering starting […]
Peak XV’s latest Surge batch is 77% AI and deeptech startups
AI and other deep technologies are the prevailing themes in the new early-stage cohort from Peak XV Partners, as the largest India and Southeast Asia-focused VC fund intensifies […]