Search Results for:Shrutika Verma

SoftBank-backed Kabir Misra’s fund to make India debut with Meesho, Acko

The $200-250 million RPS Investment Fund, set up by SoftBank Investment Advisers managing partner Kabir Misra, counts SoftBank Group as the anchor limited partner


Baby products retailer FirstCry in talks with Alibaba, SoftBank for funding

Since its founding in 2010, FirstCry has raised more than $100 million from Mahindra, IDG Ventures India (now Chiratae Ventures), New Enterprise Associates, SAIF Partners, Vertex Ventures and others.


India: Beauty products e-tailer Nykaa in talks to raise $200m from SoftBank

The proposed funding round is likely to take Nykaa’s valuation to $700-800 million.


India: Unicorn Oyo set to tap 2020 Olympic Games demand with Japan foray

Of the $800 million recently raised, Oyo said it would invest around $600 million to strengthen its position in China.


India: Flipkart eyes stake in Hotstar to enter video streaming arena

The talks with Hotstar come at a time when demand for video streaming services such as Netflix and Amazon Prime Video offering is at an all-time high.


India: Grocery delivery startups BigBasket, Grofers revive merger talks

If the deal goes through, the merged entity could raise $250 million from China’s Alibaba Group Holding Ltd.


Social e-commerce startup Meesho in talks to raise funding from DST Global

Meesho last raised $11.5 million in a series-B round from Sequoia India, SAIF Partners, Y Combinator and Venture Highway.


It took just one meeting, two phone calls to seal landmark Paytm-Buffett deal

With Berkshire, we have a new vantage point on our capital table and business model, Sharma said.


It’s official: Warren Buffett’s Berkshire buys stake in India’s Paytm

This is not just Berkshire’s first India investment; it’s also the company’s first in a privately-held tech company in the world.


What the Warren Buffett deal could mean for Paytm and India’s startup ecosystem

The deal values Paytm at $10-12b, making it India’s most valuable consumer internet startup.