Sequoia Capital Reduces Crypto Fund By 65% In Funding Winter
According to the Wall Street Journal reports, Leading VC firm Sequoia Capital has cut its crypto fund by 65% to about $200 million amid the...
Tag : Sequoia Capital
Cred Launches Peer-to-Peer UPI Transactions
Fintech unicorn Cred, which started as a credit card payments platform in 2018, has begun facilitating peer-to-peer Unified Payments Interface (UPI) transactions, the company said...
Sequoia-backed GoMechanic acquired by Lifelong Group 2 months after fraud
GoMechanic, a car servicing startup based in Gurugram, has been acquired by Servizzy, a consortium led by the Lifelong Group. The group is an Indian...
Rigi Raises Rs 100 Crore Funding from Elevation Capital, MS Dhoni and Others
Rigi, a community monetisation platform for content creators, has raised Rs 100 crore in a funding round led by venture capital firm Elevation Capital. Others...
Mad Street Den Raises $30 Million Led by Avatar Growth Capital
Artificial intelligence (AI)-based software company Mad Street Den has raised $30 million in Series C funding round led by Avatar Growth Capital, with participation from...
BharatPe Gets RBI’s In-Principle Approval for Payment Aggregator Licence
Fintech firm BharatPe said on Tuesday it had received in-principle approval from the Reserve Bank of India (RBI) to operate as a payments aggregator. The...
RBI Asks Razorpay to Pause Onboarding Merchants
Fintech giant Razorpay has been asked by the Reserve Bank of India (RBI) to pause the onboarding of new online payment merchants after the central...
Snapdeal to Shelve $152 Million IPO as Tech Stocks Plunge
SoftBank-backed Indian e-commerce firm Snapdeal has decided to terminate its $152 million initial public offering, the company told Reuters, making it the latest victim of...
Five Star Financial Expects Rs 7,000 Cr Assets Under Management by the end of FY23
Thirty-eight years after its inception, Five Star Financial was listed on the stock exchange on Monday, November 21, albeit at a 5% discount to its...
Sequoia Capital Writes Down Entire Value of Its FTX Stake
Sequoia Capital wrote down the entire value of its holdings in FTX, a sign that the venture capital firm believes there is no clear path...