May 29, 2023 23:58 (IST)
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US reaches debt ceiling deal amid a looming financial crisis | Turkey election: Erdogan declares victory in runoff voting | PM Modi unveils commemorative stamp and Rs 75 coin to mark the inauguration of new Parliament building | 'Rahul Gandhi can get ordinary passport for 3 years and not 10': Delhi court | Abhishek Banerjee's mass outreach programme faces violent protest by Kurmi community in Bengal's Salboni

Logistics company Delhivery Q4FY23 loss widens to Rs 159 cr

Mumbai: Logistics unicorn Delhivery recorded a wider net loss of Rs 159 crore in the fourth quarter ending March 2023.

PhonePe raises another $200 million in ongoing funding from largest shareholder Walmart

Bengaluru: Digital payments and financial services company PhonePe has raised an additional $200 million as part of its proposed $1 billion funding round from its largest shareholder, Walmart. The funding was secured at a pre-money valuation of $12 billion.

1mg becomes India's 21st unicorn in 2022 after internal funding round led by Tata Digital

Mumbai: Online pharmacy and healthcare services company 1mg turned unicorn following an internal funding round led by Tata Digital, media reports said.

Logistics startup Shiprocket enters unicorn club with Rs 259 cr fundraise

Mumbai: Zomato-backed logistics startup Shiprocket has raised Rs 259 crore in an extended Series E round at a post-money valuation of Rs 9,815 crore (around $1.2 billion), Moneycontrol reported citing company filings with the Ministry of Corporate Affairs (MCA).

Beauty etailer Purplle joins unicorn club after raising $33 million

Mumbai: Beauty etailer Purplle entered the unicorn circuit after raising $33 billion from Paramark Ventures at a valuation of $1.1 billion.

Edtech startup Physics Wallah enters unicorn club

Bengaluru: Edtech company Physics Wallah is the latest online education venture to enter the unicorn club after it raised $100 million in its first ever funding round led by WestBridge Capital and GSV Ventures, media reports said.