Скачать или смотреть Indian Startup News Ep 60: Nazara IPO, Log 9 Materials EVs & Oyo Closes Loss Making Ventures

This week in Indian Startup News, Nazara Technologies becomes India’s first company to IPO, Log 9 Materials launches EVs with their Rapid Charging Battery, Oyo shuts down some coliving and coworking business, Zomato enters dietary supplement market, Tata’s acquisition bid for BigBasket and Square Yards acquires PropVR.

In funding news, PolicyBazaaar raises $75 million, MyGlamm raises $24 million, Leap Finance raises $17 million, OZiva raises $12 million and YAP raises $10 million.

Huge funding rounds in the making, CRED expected to raise $200 million, Delhivery could raise up to $150 million ahead of IPO and Stanza Living in talks to raise $120 million.

00:00 Introduction
00:24 Nazara Technologies becomes India’s first company to IPO
02:15 Log 9 Materials launches EVs with their Rapid Charging Battery
03:54 Oyo shuts down some coliving and coworking business
04:52 Zomato enters the dietary supplement market
05:14 Tata’s acquisition bid for BigBasket
05:36 Square Yards acquires PropVR
06:02 PolicyBazaaar raises $75 million
06:18 MyGlamm raises $24 million
06:51 Leap Finance raises $17 million
07:15 OZiva raises $12 million
07:40 YAP raises $10 million
08:06 CRED expected to raise $200 million
08:20 Delhivery could raise up to $150 million ahead of IPO
08:30 Stanza Living in talks to raise $120 million

Nazara Technologies becomes India’s first company to IPO: Nazara Technologies finally launched its IPO on 17th March – making it the first Indian company ever to go public. The company has transformed itself from a telecom gaming subscription company to a full-fledged gaming company with fingers in every major segment from esports to gamified learning.

Log 9 Materials launches EVs with their Rapid Charging Battery: Log 9 Materials has announced the launch of their electric scooters and three-wheelers that come with their disruptive Rapid Charging Battery packs.

Oyo shuts down some coliving and coworking business: In a bid to focus on its core business, Oyo is checking out of its loss-making ventures – by shutting down some coliving and house rental business (Oyo Life) and some coworking spaces.

Zomato enters the dietary supplement market: Indian foodtech unicorn Zomato is looking to diversify by launching its own brand of dietary supplements ahead of its expected IPO this year.

Tata’s acquisition bid for BigBasket: Tata Digital is finally seeking approval of CCI to acquire 64% of BigBasket.

Square Yards acquires PropVR: Real estate startup Square Yards has acquired AI-based PropVR to turn 2D floor plans into interactive 3D walkthroughs in minutes.

PolicyBazaaar raises $75 million: PolicyBazaar has raised $75 million in a round led by Falcon Edge Capital.

MyGlamm raises $24 million: MyGlamm has raised $24 million in series C round led by Ascent Capital, Amazon and Wipro Consumer.

Leap Finance raises $17 million: Leap Finance has raised $17 million series C led by Jungle Ventures.

OZiva raises $12 million: OZiva has raised $12 million in series B led by Jungle Ventures.

YAP raises $10 million: YAP has raised $10 million in series B led by Flourish Ventures and Omidyar Network.

CRED expected to raise $200 million: CRED is expected to raise $200 million in fresh funding at a $2 billion valuation – that would make it India’s fastest unicorn.

Delhivery could raise up to $150 million ahead of IPO: Delhivery is reportedly in talks to raise up to $1450 million ahead of its IPO.

Stanza Living in talks to raise $120 million: Stanza Living is in final talks to secure a $120 million funding – doubling its valuation from $300 million to $600 million.

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