Bessemer Venture Partners

Food

Swiggy raises US $80 million in Series E funding led by Naspers

Indiaretailing Bureau -
Swiggy, India’s leading food ordering and delivery platform, has raised US $80 million in series-E funding. The deal was led by Naspers, a global Internet and entertainment group, and one of the world’s largest technology investors, with earlier investors...
Retail

Retrenchment in e-commerce industry not unique to India: Nirmala

IANS -
Commerce and Industry Minister Nirmala Sitharaman has said corporate downsizing and retrenchment in the country's e-commerce industry were not unique phenomena happening in India but were occurring globally. The minister's comments came a day after major layoffs were announced by...
Retail

Snapdeal founders to take 100 pc pay cut, firm commences layoffs

IANS -
E-commerce major Snapdeal on Wednesday reported that its founders have agreed to take a 100 per cent pay cut, even as the firm initiated a process to rationalise a part of its workforce to make the company profitable in...
Food

Swiggy raises US$ 15 million in fourth strategic round of funding

Indiaretailing Bureau -
Food ordering and delivery platform Swiggy has raised USD 15 million in a fourth strategic round of funding (Series D) from Bessemer Venture Partners, with existing investors also participating. The freshly raised funds is expected to fuel Swiggy's next growth...
INDIA FOOD FORUM - Food Services

US-based Bessemer Venture Partners to invest Rs 80 crore in Swiggy

Indiaretailing Bureau -
US-based venture capital firm Bessemer Venture Partners is in advanced talks to invest around Rs 80 crore or $12 million in food-delivery company Swiggy, according to two people aware of the negotiations. The deal, if it concludes, will value...
Retail

Snapdeal’s launches Capital Assist loan approval facility

IMAGES Retail Bureau -
With an assortment of 12 million+ products across 500+ diverse categories, online marketplace Snapdeal has now announced the launch of instant loan approval facility on its flagship seller financing platform – Capital Assist. It is going to be the...
Retail

Snapdeal.com raises US$ 100 million

IMAGES Retail Bureau -
Snapdeal announced  that it has completed a new round of equity financing of US$ 100 million. The investors in this financing include funds managed by Temasek, BlackRock, Myriad, Premji Invest and Tybourne. “We see this financing round as another endorsement...
Retail

Show US the Money!!

Manisha Bapna -
It is an indisputable fact that retailers need funds to expand operations, move to newer markets, renovate, increase brand effectiveness, meet working-capital needs, etc. For meeting these ends many retailers take the external funding route. In this story, we...
Retail

Snapdeal to strengthen its presence in 100 cities

Indiaretailing Bureau -
Online retailer, Snapdeal, recently raised $40 mn from global investors Bessemer Venture Partners (a private equity firm) along with existing investors Nexus Venture Partners and IndoUS Venture Partners has plans to use the funding raised for expansion in 100...
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Latest News

Food ServiceBhavishya Bir -

KFC opens restaurant in Punjab

The newly-opened KFC restaurant is located in Sangrur, Punjab New Delhi:Fast food restaurant chain KFC has launched a new outlet...
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