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India-based instant grocery delivery startup Zepto has raised USD 200 million in a new funding round and became India’s first unicorn in 2023.
funding, startup, Unicorn, investment
Standard Chartered has partnered with Indonesia-based ecommerce company Bukalapak to launch new offerings for digital banking, according to e27.co.
Standard Chartered, Indonesia, Bukalapak, ecommerce, digital banking
Postman, US, investment, Insight Partners, CRV, Nexus Venture Partners, API, developer, Product Development
Online payment company PayU is in the process of acquiring a controlling stake in PaySense, an Indian digital credit platform, for an equity valuation of USD 185 million.
PayU, acquisition, PaySense, lending, payments
The Chinese ecommerce Alibaba is reportedly considering to acquire ShopClues.com and might be looking to merge Paytm with ShopClues.
Alibaba, acquisition, ShopClues, India, China, ecommerce, payments , Paytm, mobile payments, Amazon, merger
Delhivery, an Indian logistics company, has raised a Series D round of USD 85 million led by Tiger Global Management, with participation from Multiples Alternate Asset Management, Nexus Venture Partners and Times Internet Limited investors.
Delhivery, funding round, Tiger Global, investment, hedge fund, logistics, delivery, shipment
Indian online marketplace Craftsvilla has raised USD 18 million in series B funding led by Sequoia Capital with participation from existing investors Lightspeed Venture Partners and Nexus Venture Partners, as well as Global Founders Capital.
Craftsvilla, online marketplace, Sequoia Capital, Investor, fundraise, expansion, merchants, Series B