investcorp

June has come to a close, signalling the end of the first half of 2023. However, the funding winter that has gripped Indian startups since last year continues, with new-age tech companies securing only $5.5 billion across 549 rounds in the…

Funding activity for Indian startups remained muted in the second month of 2023, as new-age businesses raised $809 million in venture funding, a significant drop of about 84% from the $5.2 billion they raised in February last year, data…

Online meat delivery company FreshToHome has raised $104 million (Rs 860 crore), led by Amazon Smbhav Venture Fund, amid a tough funding environment for late-stage startups. Existing investors including Iron Pillar, Investcorp, Investment…

Total funding in Indian startups continues to remain tepid amid the ongoing funding winter. During the week of February 11-17, venture funding in local startups saw a slight decline even as PhonePe and InsuranceDekho emerged as exceptions…

The calendar year 2022 saw online platforms like Flipkart, Amazon overtake offline retailers in shipments of smartphones from manufacturing factories, guided by sales and promotions, preferential pricing, and online-exclusive deals and…

Insurtech platform InsuranceDekho has raised $150 million in a mix of equity and debt funding, led by Goldman Sachs Asset Management and TVS Capital Fund.Investcorp, Avataar Ventures and LeapFrog Investments also invested as part of the…

The funding winter for Indian startups, which started in 2022, shows no signs of relenting in early 2023. Companies are still struggling to find funding to fuel their ideas as global inflation, interest rate hikes and macroeconomic…

Microsoft CEO Satya Nadella has been the toast of the tech world of late.This week, news website Semafor reported that the software giant is in talks to invest $10 billion in OpenAI, the company behind the revolutionary new chatbot ChatGPT,…

Wakefit, a direct-to-consumer (D2C) mattress and furniture maker, has raised $40 million led by Investcorp.Existing investors Sequoia Capital India, Verlinvest and SIG also participated in the funding round.The company will use the funds to…

The Securities and Exchange Board of India (Sebi) has begun cracking down on private equity and venture capital funds that have overstayed their welcome. Sources told us the markets regulator has sent notices to many such funds, saying they…