HEALTHKART FUNDING

The startups raised funds through 23 deals, compared to 28 in the year-ago period. This week, startups raised funds through 23 deals, compared to 28 deals in the year-ago period, when they raised a total of $69.5 million, according to data from data...

Health supplements startup Healthkart's existing investor, A91 Partners, and Neo Group also participated in the round. ET first reported on the impending deal at Healthkart with ChrysCapital in April. Peak XV Partners held around 27% stake in Health...

Healthkart has closed a secondary funding round that values the startup at $500 million. This and more in today’s ETtech Top 5.

ChrysCapital is finalizing a deal to acquire a 20% stake in HealthKart, valuing it at $450 million. Peak XV will sell their stake in the round, with ChrysCapital investing $90 million. HealthKart, a leading nutrition platform in India, has shown sig...

Venture capital firm Peak XV Partners, formerly Sequoia Capital India, has pared the size of its $2.85 billion fund by 16% more than a year after it split from Silicon Valley-based investor Sequoia Capital. Peak XV’s eighth India and Southeast Asia-...

Gurugram-based Oister Global has partnered with Tribe Capital India to launch a $500 million fund focused on secondary transactions in the Indian private market. This collaboration aims to capitalize on the growing trend of secondary stake sales in ...

Founded in 2017, Nutrabay operates as a D2C multi-brand retail store, offering products from over 100 brands alongside its own private label under the Nutrabay name. These products are sold on its D2C website, various e-commerce platforms, and in of...

Indian tech startups raised USD 4.1 billion in H1 2024, 4% higher than H2 2023, remaining fourth-highest funded country globally. Insights from Tracxn report highlighted funding trends and volumes in the Indian tech startup landscape.

Direct-to-consumer (D2C) skincare brand Foxtale has raised nearly Rs 150 crore in the latest funding round. It will use the capital mainly for expanding into newer categories, founder Romita Mazumdar told us. The company will foray into body care ca...

Singapore's Temasek and US-based Fidelity have invested $200 million in Lenskart through a secondary share sale. This and more in today’s ETtech Top 5.

Bengaluru-based Techno Sportswear raises $25 million from A91 Partners for its performance wear brand Technosport, marking its first fundraise.

Investors are going back to the same list of startups they have already backed to write bigger cheques leading to new unicorn sightings becoming rare. Only Perfios and Ola founder Bhavish Aggarwal’s Krutrim AI have become unicorns so far in 2024, an...

Big-ticket investments on horizon for companies that have emerged stronger after Covid. Indian startup sector witnesses a resurgence in big-ticket deals of $100 million or more. Firms like Lenskart and Purplle are in talks for significant investment...

However, the Gurugram-based company’s total expenses grew only 21.5% during the year to Rs 1,016.5 crore – pointing to an improvement in its unit economics.

The firm, which has backed startups including Zetwerk, Porter, Nazara Technologies and HealthKart, plans to invest in 20 companies through this fund.

While the fallout from Apple’s move is still playing out, there’s little doubt it has delivered a swift uppercut cut to Meta’s once-invincible ads business. The only consolation has been that Meta can still track its users’ activity within Facebook ...

Social media intermediaries such as Meta, Google and Twitter, which deal in large amounts of personal data on a day-to-day basis may also be asked to disclose the methods by which they process the data collected by them in specific cases.

HealthKart, in its current avatar, was formed in 2015 after the original brand HealthKart Plus saw its pharmaceuticals segment being hived off into 1mg, which is currently backed by the Tata Group. The company was originally founded in 2011 by Prash...

On Friday we reported that the National Payments Corporation of India (NPCI), which runs UPI, has decided to give dominant apps like PhonePe and Google Pay two more years to bring their market share under 30%. But how did these apps, and others like...