Policy & Regulations

E-scooter startup Beam faces fraud probe in ANZ: Report

The firm has been accused of cheating local governments of thousands of dollars per day in revenue.

Analysis

Investors splash cash as young India’s beauty craze grows

Indian beauty startups have shown promising paths to exit such as acquisitions or IPOs.

Venture Capital

Indian wealth management platform Neo raises $48m led by MUFG, Euclidean Capital

Neo raised $35 million in October led by Peak XV Partners.

Deals

Data Vantage: 99 Group, Chope, Oatside, Chitose Bio Evolution and Thrixen in focus

Proptech firm 99 Group saw shares change hands last week.

Deals

Indian unicorn Zetwerk in talks with Alphabet’s CapitalG to raise funds

Talks surface as the company is looking to ramp up its exports and tap new markets such as the US.

Venture Capital

[Updated] Temasek-backed Partior bags Series B funding from Peak XV, others

The company has raised the new funding at a pre-money valuation of $109.8m.

Analysis

India Deal Review: Startup funding in June crosses $2b for first time in two years

June's proceeds of $2.2 billion marked a nearly 18% month-on-month growth.

Deals

Bluestone raises $12m debt funding from Neo Markets and other India deals worth $681m

The company had raised around $66 million from Ranjan Pai and others in September last year.

Venture Capital

India Digest: Test automation startup Testsigma, skincare firm CHOSEN secure funding

Testsigma has raised $8.2 million in a funding round led by MassMutual Ventures.

People

Piyush Gupta said to exit Peak XV to start new VC fund: report

Gupta is reportedly planning to launch a secondary-focused fund.