Last fortnight, DailyHunt was in the midst of closing its $30MM+ funding round to take it north of a $500MM valuation.
Last fortnight, BlackBuck reported it was planning to scale to a million drivers as it raised capital to be a unicorn.
Last fortnight, online insurance platform PolicyBazaar was looking to raise $300MM at a $1.5Bn valuation.
In 1996, Yashish Dahiya opted out of IIM Ahmedabad’s campus placements to give home tuitions.
He realised that tuitions would earn him a higher salary compared to a job for just 2 hours of work each day.
Last week, payment solutions startup Razorpay raised $75MM to deepen its neo-banking and lending product portfolio.
Shashank Kumar and Harshil Mathur, batchmates from engineering, decided to quit their post campus jobs to start something of their own.
The year was 2014, and the Indian startup ecosystem had begun to roar.
Last week, online eyewear upstart Lenskart was reported to be raising $350MM, propelling it to unicorn-dom.
After 4 years in the US for his undergraduate studies and a stint at Microsoft, PeyushBansal had an idea of starting a new business in India.
The startup would search for college-related needs on a listings portal.
Last week, fintech enabled lending firm InCred raised $100MM, marking a sizable Series A for a company that is 3 years old.
Big Bank Bucks
Like most startup founders, Mr Singh set out to disrupt an already existing market (education loans) with technology (data-driven creditworthiness).
Last week, Walmart-Flipkart announced PhonePe’s hiving off, allowing PhonePe to raise up to $1Bn of external capital.
Acquiring your Acqui-Hire
After spending 4 years at Flipkart, senior executives Sameer Nigam and Rahul Chari decided they would start off on their own again.