Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

UNBELIEVABLE: Ribbit capital | History Defined

Groww shares jump 6% even as Peak XV, two other US investors sell stake worth Rs 5,326 crore. What lies ahead?

Billionbrains Garage Ventures shares rebounded on Wednesday, recovering Tuesday’s losses triggered by a Rs 5,326 crore stake sale by Peak XV Partners, Ribbit Capital, and YC Holdings. The investors sold over 29.5 crore shares via bulk deals at an average price of Rs 180.43 apiece, a 1.5% discount to the…

The Economic Times

Groww investors reap bumper returns; Lightspeed’s India rethink

Groww investors reap bumper returns; Lightspeed’s India rethink

Happy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dispatch.

The Economic Times

Groww investors make bank; Mobikwik, Fractal's Q4 profits surge

Groww investors make bank; Mobikwik, Fractal's Q4 profits surge

Groww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.

The Economic Times

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Peak XV, YC and Ribbit pocket up to 94x returns from Groww stake sales as IPO lock-in ends

Groww's early investors have sold shares after their IPO lock-in period ended. This move has generated massive returns for firms like Peak XV, Ribbit Capital, and Y Combinator. The block deal involved millions of shares. Groww's stock has seen significant growth since its listing.

The Economic Times

Early Kalshi employees raising up to $35 million for a prediction market VC fund with backing from the CEOs of both Kalshi and Polymarket

Other investors include Marc Andreessen through the fund Moneta Luna and Micky Malka of the fintech investment firm Ribbit Capital.

Escape Velocity raises a $62 million fund to bet on ‘DePIN’ crypto networks for telescopes, solar energy, and more

The venture firm’s backers include founders of the VC firms Andreessen Horowitz and Ribbit Capital, as well as the fund of funds Cendana.

Crypto startup M0 raises $40 million to build out stablecoin network

Polychain and Ribbit Capital led the round, with participation from existing investors like Pantera and Bain Capital Crypto.

inkl

Read news from The Economist, FT, and more,
with one subscription

Telegram-Affiliated Toncoin Gets Coinbase Ventures' Backing

Coinbase Ventures, the investment division of cryptocurrency exchange Coinbase (NASDAQ:COIN), has taken a position in Toncoin, the native asset of The Open Network (CRYPTO: TON) blockchain, the platform underpinning Telegram's web3 infrastructure.

Telegram blockchain startup TOP raises $28.5 million as messaging platform expands crypto footprint

Telegram blockchain startup TOP raises $28.5 million as messaging platform expands crypto footprint

Ribbit Capital led the Series A fundraise, with participation from Pantera Capital.

Exclusive: Crypto wallet infrastructure company Privy raises $15 million in round led by Ribbit Capital

Exclusive: Crypto wallet infrastructure company Privy raises $15 million in round led by Ribbit Capital

The company will use the money to double the size of its team in the next 18 months.

Exclusive: Imprint, a co-branded credit card startup, closes $75 million Series C and boosts valuation to $600 million

Exclusive: Imprint, a co-branded credit card startup, closes $75 million Series C and boosts valuation to $600 million

Imprint has raised a $75 million Series C led by Khosla Ventures, Fortune has exclusively learned.

Tomo Raises $40M Series A, Putting It In Reach Of $1B Valuation

Tomo Raises $40M Series A, Putting It In Reach Of $1B Valuation

Tomo secured a $40 million Series A led by SVB Capital and doubled its valuation to $640 million. Round participants include Ribbit Capital, NFX, Telesoft, Zigg Capital and Parker89.

1

People

Nirmala Sitharaman

Marc Andreessen

Dara Khosrowshahi

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Organisations

Andreessen Horowitz

inkl

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

374,765 stories

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play