Harsh

Shaping takes at The Arc. @thearc_hq

[The Arc @thearc_hq]

🚨 Swiggy Vs Zomato: Decacorn Duel Heats Up

Swiggy raced ahead in food delivery from 2015 to 2020, but Zomato took the lead after.

Now, with Swiggy’s IPO on the horizon, both are prepping for a showdown in the public markets.

Our exclusive report -https://t.co/TxfaYulEGr

[The Arc @thearc_hq]

⚡️🛵 For Reliance Retail and JioMart, quick commerce has been a shoe that doesn’t quite fit.

The group attempted rapid delivery in Mumbai and Bengaluru with underwhelming results.

Reliance Retail has made little headway in quick commerce despite owning supermarket chains and stakes in delivery-focused startups like Dunzo and Grab.

In this In-Depth article, @AditiS90 digs into the operational and organisational hurdles complicating its ambitions.

https://t.co/uMjowPawyj

[Madhav Chanchani @madhavchanchani]

First, there was the Shark Tank drama, with Deepinder Goyal claiming he got booted because Swiggy is sponsoring the show 🦈

Now, Zomato has announced a new fundraising plan, just ahead of Swiggy’s IPO.

This rivalry is about to get even crazier 🍿

https://t.co/4eCyipl5cO

[Madhav Chanchani @madhavchanchani]

🚨 Peak XV's move to cut its fund size by 16% has caught the headlines.

But the bigger change was Peak XV reducing fees and profit share for seven of its funds 📉

This will mean hundreds of millions of dollars in additional payouts to its LPs 💰

https://t.co/4wyGNLoTbT

[The Arc @thearc_hq]

🚨 PhysicsWallah has raised $210 mn in funding led by Hornbill Capital along with Lightspeed Venture Partners

Valuation jumps 2.5x in 2 years - from $1.1 bn to $2.8 bn 📈

The new round includes $35 mn cash out for employees and founders 💰

https://t.co/7Fi5j9tKwn

[The Arc @thearc_hq]

🚨 BIG: Oyo is acquiring the US-based Motel 6 chain from Blackstone

Ritesh Agarwal-led startup is paying $525 million in cash to expand its presence in the US 🇮🇳➡️🇺🇸

More details👇

https://t.co/PmqHNxVk9a

[Madhav Chanchani @madhavchanchani]

📢 Super excited to announce that Soumya Gupta (@bytesofnews) has joined @thearchq 🚀

She’ll be crucial in deepening our coverage of India’s consumer economy and helping us expand our editorial team.

Thrilled to have her on board! 🙌

[Aditi Shrivastava @AditiS90]

🚨Exclusive🚨Nandan Nilekani’s Fundamentum is set to lead a $70 million round in Epimoney

Epimoney is a lender for small and medium businesses.

More details on company performance & new investors: https://t.co/0fmLuYxO6r

[The Arc @thearc_hq]

🚨 World Bank's arm IFC wants to invest $20 mn in taxi fleet management co Everest 🚖

This is a part of a larger $50 mn raise being done by Everest. It's backers include Uber 💰

https://t.co/3VTGmduGnQ

[The Arc @thearc_hq]

🚨 Investors vie for stake in discount broker Dhan 💰

Tiger Global, Left Lane and PE firms are looking to back the three and half year old startup

Valuation in 2021: $105 mn

Valuation in 2024: $1.5 bn

What's fuelling this growth❓ https://t.co/TD3nTA9j1R

[Madhav Chanchani @madhavchanchani]

🚨 A host India Inc bigwigs are sitting on good returns in Ola Electric's IPO

Ratan Tata's VC bet is expected to score 10x

Pawan Munjal also holds a stake in Ola Electric. His co Hero MotoCorp is the biggest shareholder in Ather

Details 👇

https://t.co/OIIFR8ZeRO

[Anuj Suvarna @AnujSuvarna2]

🏥 💊 Behind Medikabazaar's Troubles

Understand how Medikabazaar scaled its equipment business through a partnership with a Chinese equipment manufacturer, where it went wrong, and how investors are looking to get it back on track.

Details👇

https://t.co/mrPEEd6kWi

[Aditi Shrivastava @AditiS90]

🚨🚨China’s United Imaging, which produces CT and MRI machines, has been Medikabazaar's biggest partner in its medical equipment business.

This is also the largest business segment where Medikabazaar is suspected of overstating revenues.

https://t.co/nTxQGqAJUE

[Aditi Shrivastava @AditiS90]

🚨Acquisition🚨 Acko has acquired OneCare, a startup involved in chronic care management, in an all-cash deal.

OneCare founders Rakesh Shivran and Sagar Bhat will join Acko’s leadership.

https://t.co/fp2zB81nMl

[Aditi Shrivastava @AditiS90]

🚨BIG🚨 Qatar Investment Authority is going after promoter Byju Raveendran's personal assets valued up to $235 mn.

This is a rare instance, but also reflects the levels of depth of financial engineering undertaken by Raveendran.

https://t.co/8Wc19kqhuD

[Aditi Shrivastava @AditiS90]

🛑 Reliance Retail has had a sluggish quarter hurt by fashion biz 🛑

“..Retail growth has taken a breather as RIL is streamlining operations, including some store closures, to improve profitability,” BNP Paribas said.

More analyst commentary: https://t.co/SYYjgQ77rm

[Madhav Chanchani @madhavchanchani]

🚨 Ola Electric IPO coming in the first week of August

Company likely to be valued at $4.25-4.5 billion

That is over a 20% discount from its valuation of $5.4 billion in a round led by Singapore's GIC in 2023

https://t.co/KAhJHh4hzq

[Madhav Chanchani @madhavchanchani]

🚨 Former Premji Invest partners Atul Gupta and Rajesh Ramiah, along with IFC's Pravan Malhotra have launched a new fund

Trident is looking to raise over $200 mn

Second growth stage fund to come out of Premji Invest after Creagis

https://t.co/i3IVtlaZQJ

[Madhav Chanchani @madhavchanchani]

💰 Trident will focus on deals of $15-20 mn in consumer, tech & financial services startups

A big gap in the $15-25 mn growth stage funding as hedge funds disappeared

2022 - 115 deals in this range

2023 - 44 deals

Data: DC Advisory

[Madhav Chanchani @madhavchanchani]

🚨 World Bank's IFC to invest $20 mn in Innovaccer

This is part of the software company's bigger series F funding round of about $200 million

https://t.co/awhfRp46Aq