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    Netflix To Release 41 Indian Titles In 2021; Will New Guidelines Influence Content?

    The upcoming Indian releases include the second season of the Emmy-award winning crime series Delhi Crime, supernatural crime thriller Aranyak and the second season of TVF's Kota Factory Last year, the OTT platform had released 17 new Indian originals, including films, shows and documentaries India's new guidelines for Digital Media Intermediaries,...

    • 2 hrs ago
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    Wingreen Farms Acquires Raw Pressery At 5X Lower Valuation Than Last Funding Round

    Raw Pressery was valued at INR 500 Cr in 2018, but was acquired at a value of only INR 100 Cr Sequoia Capital is a common investor in Raw Pressery and Wingreens Farms, which has raised $30 Mn to date Some people close to the matter mentioned that there was a disagreement among the investors that led to the portfolio deal Snacks and sauces maker Wingreens Farms has...

    • 3 hrs ago
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    Ireland's Olive Group Acquires Kerala-Based Edtech SaaS Platform Ofabee

    Ofabee was incubated under Kerala Startup Mission and raised funding from KSUM and CIIE The acquisition will see Ofabee merge with Olive Group's Mykademy.com with its headquarters continuing to be in Thiruvananthapuram Ofabee cofounder Ayyappan Asokan said the acquisition will help build an engaging course delivery platform for tutors and training institutions worldwide...

    • 3 hrs ago
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    Delhi HC Directs HappyEasyGo To Stop Bidding For MakeMyTrip Keywords In Google Ads

    The court also directed search engine giant Google to suspend HappyEasyGo's advertising account on the Google Ads Google Ads is a crucial revenue source for the search engine giant, where companies bid for certain keywords, to appear at the top of search results Companies bid for the keywords of their rivals, so the latter would have to spend more to win the...

    • 4 hrs ago
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    [What The Financials] Paper Boat FY20 Losses Touch INR 100 Cr As It Bulked Up Its Product Lineup

    Paper Boat earned INR 235 Cr in FY2020, but with expenses growing to INR 324 Cr owing to higher spending for stock-in-trade purchases The company expanded its traditional Indian packaged snacks lineup in early 2020 before it had to pause production due to the pandemic after March With the uptake in sales in FY2020, the company's spending on...

    • 20 hrs ago
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    LIC Invites Payments Startups To Bid For Mega Insurance Contract

    Indian companies such as PayU and Juspay could consider applying and would be major contenders considering the scale of their business and experience in the space LIC floated the request for proposal (RFP) on February 5, 2021, for a contract that will be valid for five years Bengaluru-based Razorpay has been invited to bid for LIC. The company will be submitting its proposal this...

    • 22 hrs ago
  • Fintech Coverage

    PolicyBazaar Raises $45 Mn From Secondary Sale Of Shares

    The secondary sale of shares has valued the company at $2.4 Bn According to the report, the company is expecting a valuation of $3.5 Bn for its planned Initial Public Offering (IPO) this year Last month, it was reported that PolicyBazaar was finalising bankers for its over $540 Mn IPO Online insurance aggregator PolicyBazaar has reportedly executed a secondary sale of shares worth about...

    • 23 hrs ago
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    Logistics Unicorn Delhivery Acquires Retail Tech Primaseller

    Primaseller allows small businesses to manage their inventory and orders across online and offline channels The acquisition will help Delhivery to become an operating system for commerce in India Delhivery is looking to go public this year to raise $800 Mn at a valuation of $3.2 Bn to $4 Bn Gurugram-based logistics unicorn Delhivery has acquired a software-as-a-service (SaaS) platform...

    • 23 hrs ago
  • News

    Nykaa Looks To Bring New Investors On Board In Run Up To IPO

    Nykaa is looking to raise $150 Mn in secondary financing round at a valuation of $2 Bn The company aims to hit a valuation of $3.5 Bn in the public market It was valued at $1.2 Bn in March 2020 when it raised a $25 Mn round led by Steadview Capital In the run up to going public by 2022, beauty and fashion ecommerce platform Nykaa is reportedly in talks to raise $50 Mn to $150 Mn at a...

    • yesterday
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    Zomato's Investors Won't Exit In $1 Bn IPO, Says Founder Deepinder Goyal

    The amount will be raised without any investor exiting or selling their shares in the company The company's cofounder and CEO Deepinder Goyal reportedly told employees this week that the IPO will most likely be a 100% primary offering Last month, the Gurugram-based food aggregator increased its paid-up capital by 3x in preparation for raising funds in the near future ...

    • yesterday

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