Dropbox, a cloud storage titan serving over 500 million users globally, began its journey as a modest two-person startup. Here’s a look at its remarkable rise to becoming a billion-dollar enterprise.
The Genesis of Dropbox
The inception of Dropbox can be traced back to 2007, when Drew Houston, the company’s founder, faced a frustrating moment on a bus ride. Houston, who had been coding since…
Tiger Global is known for making large wagers, yet this year it has also shown interest in making smaller wagers between $15-35 million. Small and medium endeavors (SMEs) centered insurance platform Plum and multi-brand car studio and spare parts firm GoMechanic raised early-stage assets from the central unicorn maker in India in the new past.
GoMechanic had raised $42 million in a new round drove…
Moglix, a Noida-based B2B mechanical merchandise internet business commercial center, on Monday reported that it has brought $120 million up in Series E round drove by Falcon Edge Capital and Harvard Management Company (HMC). Existing financial backers including Tiger Global, Sequoia Capital India and Venture Highway likewise partook in this round.
With this round, Moglix turns into the first…
Zomato recorded its Draft Red Herring Prospectus or DRHP for its IPO on Wednesday to raise $1 billion essential capital and as per the draft, seven of its partners have sold more than $319 million offers in an auxiliary exchange executed in February 2021.
The partners who halfway left from Zomato incorporate Alipay, Nexus Sunlight Fund, Sequoia Capital, Blume Ventures, and its fellow benefactors…
US-based Tiger Global Management is intending to contribute up to $100 million (Rs 747 crore) in vehicle administration and fix startup GoMechanic, two individuals told Mint.
The speculation may esteem the organization at up to $500 million (Rs 3,735 crore), they said.
Last June, the startup raised an undisclosed aggregate from Pawan Munjal, executive and overseeing overseer of Hero MotoCorp. The…
The ShopSe, which accomplices moneylenders and retailers to give EMI alternatives to clients at the place to checkout, has raised $5.5 million (Rs 40 crore) in financing drove by beginning phase investment supports Chiratae Ventures and Beenext.
The round likewise saw support from Pentathlon Ventures, Opus and existing private backer Abhishant Pant of Yatra Angel Network.
The startup will use the…
HR innovation stage DarwinBox has made sure about $15 million of every a round drove by Salesforce Ventures, the speculation arm of worldwide client relationship the board monster Salesforce. This is the first-historically speaking speculation by Salesforce Ventures in Quite a while and one of the first in the APAC area.
Existing speculators Sequoia Capital, Lightspeed India, Endiya Partners and…
Purpose of deals or PoS stage Pine Labs has dispatched another application that allows little vendors to acknowledge plastic-card based installments utilizing their NFC-empowered cell phone. For utilizing AllTap, Merchants won’t need any equipment and it is affirmed by the PCI Security Standards Council, RuPay, Visa, Mastercard and Amex.
AllTap is to a great extent situated at homepreneurs, road…
Around 40-45 worldwide just as homegrown financial specialists are required to introduce a rundown of key requests to the public authority in two separate shut entryway meetings as a component of Prarambh, a Startup India activity.
These incorporate empowering monetary establishments, for example, the Life Insurance Corporation of India (LIC) and the National Pension Scheme (NPS) to back…
