Top news of the week: 02.03.2023.
Exclusive: Sequoia's Shailendra Singh on corporate governance, VC accountability, frothy tech valuations and more
Shailendra Singh, managing director at Sequoia Capital India and SEA, sat down with ETs Samidha Sharma in a two-hour-long interview to discuss, for the first time, how the fund has been ...
Ashneer Grover’s Third Unicorn raises seed round
Led by ZNL Growth Fund, the funding round saw a participation from over two dozen angel investors, including Anmol Singh Jaggi, Anirudh Kedia among others
Smoke without 5ire? India’s ‘fastest-growing blockchain unicorn’ and a USD1.5 billion question.
Fifth-generation blockchain network 5ire grabbed headlines last year with its entry into the unicorn club. But questions have been raised over its valuation and the status of partnerships ...
Funding to Indian startups falls 77% in no respite for the world’s third-largest startup ecosystem
In February 2023, the country’s startup ecosystem, currently the third-largest in the world, saw only 91 deals worth $1.32 billion, against 308 deals worth $4.77 billion in the year-ago ...
Maharashtra lost a lot of startups to Bengaluru and Hyderabad, says Deputy CM Devendra Fadnavis
“It was quite unaffordable to stay in Mumbai for businesses and that's why they went to Bengaluru and Hyderabad,” said Fadnavis
Exclusive: Ashneer Grover’s Third Unicorn forays into fantasy sports with CrickPe
Third Unicorn, a new venture floated by former BharatPe co-founder and MD Ashneer Grover and his wife Madhuri Jain, is targeting the fantasy sports genre with a new app called CrickPe, ...
Nexus Venture closes $700 million funding for India, US-based startups
Through the fund, Nexus Venture Partners will invest in India and US-based startups and in sectors like artificial intelligence (AI), SaaS (software-as-a-service), fintech and commerce, the ...
This D2C startup wants to shake up the oral care industry, bit by bit
Founded in 2020 by Ravinder Sharma, Bengaluru-based oral care brand Live-a-bit offers solid plant-based formulations in tablet form. It has secured regulatory approval for 55 products and ...