A16z in talks to back CoinSwitch Kuber in first India investment

A16z is inching closer to making its first investment in a startup in India, the world’s second largest internet market that has produced over two dozen unicorns this year. The Menlo Park-headquartered firm is in final stages of conversations to invest in Indian crypto trading startup CoinSwitch Kuber, three sources familiar with the matter told […]

Tiger Global-led $100M investment makes Apna India’s fastest unicorn

A 22-month-old startup that is helping millions of blue- and gray-collar workers in India learn new skills and find jobs has become the youngest firm to join the coveted unicorn status in the world’s second-largest internet market. Apna announced on Thursday that it has raised $100 million in a round led by Tiger Global. The […]

India’s Groww in talks to raise funds at a $3 billion valuation

Groww, an Indian startup that is helping millennials invest in mutual funds and stocks, is in advanced stages of talks to raise a new financing round at a $3 billion valuation, according to six people familiar with the matter. The Bangalore-based startup is negotiating to close a $250 million round, the people said, requesting anonymity […]

Locus Robotics just raised another $50M

Seems Locus Robotics is striking while the iron is hot. Seven months after raising a sizable $150 million Series E, Tiger Global is investing another $50 million in the Massachusetts firm. The last round made Locus a unicorn, and this one brings the company’s total funding to around $300 million. Locus specializes in warehouse and […]

Indonesian fintech Xendit is now a unicorn, with $150M in fresh funding led by Tiger Global

There’s a new entrant in Southeast Asia’s growing list of unicorns. Jakarta-based Xendit, best known for its digital payment infrastructure but also focused on other financial products, announced today it has raised $150 million in Series C funding, bumping its valuation to $1 billion. The round was led by Tiger Global Management, with participation from […]

Logistics robotics startup Ambi raises $26M

Five months ago, Ambi Robotics emerged from stealth with a $6 million raise. Today the Bay Area-based firm is back with several times that, announcing a $26 million Series A, led by Tiger Global. The new round also features participation from existing investors, including Bow Capital, Vertex Ventures US and The House Fund. The startup […]

Freshworks aims for nearly $9 billion valuation in US IPO

Freshworks disclosed on Monday that it is aiming for a valuation of up to $9 billion in its US initial public offering in which it is hoping to raise over $800 million. The California-based firm, which started its journey in India and rivals Salesforce, said it plans to sell 28.5 million shares at a price […]

Snyk snags another $530M as valuation rises to $8.4B

Snyk, the Boston-based late-stage startup that is trying to help developers deliver more secure code, announced another mega-round today. This one was for $530 million, with $300 million in new money and $230 million in secondary funding, the latter of which is to help employees and early investors cash in some of their stock options. […]

Indian crypto exchange CoinSwitch Kuber in talks to raise funds at unicorn valuation

Indian crypto exchange CoinSwitch Kuber is in advanced stages of talks to raise a new financing round at up to $2 billion in valuation, several sources familiar with the matter told TechCrunch. If the talks materialize in a deal, CoinSwitch Kuber will become the second crypto startup in the world’s second largest internet market to […]

For VCs, the game right now is musical chairs

In many ways, there has never been a better time to be a venture capitalist. Nearly everyone in the industry is raking in money, either through long-awaited exits or because more capital flooding into the industry has meant more money in management fees  — and sometimes both. Still, a growing number of early-stage investors are […]