| Date | Title | Description |
| 07.06.2024 | HSBC Trims B2B Ecommerce Unicorn ElasticRun’s Valuation To $800 Mn | SUMMARY
HSBC has pegged ElasticRun at nearly half of the $1.5 Bn valuation at which the startup raised $300 Mn during its last funding round in 2022
ElasticRun’s net loss surged more than 72% to INR 618 Cr in FY23
Founded in 2016, the start... |
| 03.04.2024 | Indian startups’ income from VC cash lying in bank deposits, mutual funds jumps again | India’s top technology startups generated high non-operating revenue for the second year in a row during the 12 months through March 2023, albeit at a slower pace than before, according to a VCCircle study.
The study, which captured the fin... |
| 21.02.2022 | ElasticRun Raises $330M in Funding | ElasticRun, a Pune, India-based B2B eCommerce platform for rural India, raised $330M in funding.
The round was led by SoftBank Vision Fund 2 and Goldman Sachs Asset Management with participation from Chimera and Innoven along with long-term... |
| 17.02.2022 | ElasticRun, a B2B e-commerce start-up, raises $330 mn at $1.5-bn valuation | ElasticRun, a B2B e-commerce platform, has raised $330 million in a funding round led by SoftBank Vision Fund 2 and Goldman Sachs Asset Management. The current round (Series E) has valued the company at $1.5 billion. In the last round, Seri... |
| 17.02.2022 | ElasticRun raises $330 mn led by SoftBank, Prosus Ventures, Goldman Sachs | ETtech
Bengaluru: Business-to-business (B2B) e-commerce platform ElasticRun has closed a $330 million funding round led by SoftBank Vision Fund 2 and Goldman Sachs Asset Management.
Chimera and Innoven Capital as well as long-term investor ... |
| 08.02.2022 | ElasticRun becomes seventh unicorn this year after raising $300 mn from SoftBank, Goldman Sachs | Logistics and commerce startup ElasticRun's valuation has more than tripped to $1.5 billion after it raised $300 million from SoftBank and Goldman Sachs, as per regulatory filings.
ElasticRun, founded by Sandeep Deshmukh, Shitiz Bansal and ... |
| 08.02.2022 | ElasticRun raises over $300 Mn led by SoftBank at $1.4 Bn valuation | Kirana commerce platform ElasticRun has scooped up over $300 million in its Series E round led by SoftBank Vision Fund 2. Goldman Sachs and existing investor Prosus Ventures also participated in the new round.
According to the Pune-based st... |
| 08.02.2022 | India’s ElasticRun Becomes Unicorn With $300 Million Funding Round Led By SoftBank | Kirana shops in rural India which ElasticRun is targeting for collaboration with big brands and ... [+] e-commerce firms. getty |
| 07.02.2022 | SoftBank-led funding more than triples ElasticRun’s valuation to $1.5 billion | iStockElasticRun, a kirana-focused business-to-business ecommerce firm, has raised $300 million in a new funding round led by SoftBank Vision Fund II.
Bengaluru: ElasticRun, a kirana-focused business-to-business ecommerce firm, has raised $... |
| 08.07.2021 | High-Stakes: Kalaari Capital | High-Stakes is a unique series that focuses on dissecting the investments of venture capital and private equity firms to gain insights into the portfolio of companies they’ve invested in, industries they focus on, and their investment proce... |
| 02.06.2021 | Prosus to acquire Stack Overflow for $1.8 Billion | Congratulations to Stack Overflow, founders Joel Spolsky and Jeff Atwood, CEO Prashanth Chandrasekar and team on the company's acquisition by Prosus for $1.8bn.
A top 50 website globally, Stack Overflow is the go-to destination for develop... |
| 30.04.2021 | [Funding alert] Pune startup ElasticRun raises $75M from Kalaari Capital, others | Pune-based kirana commerce platform for rural areas ElasticRun on Thursday said it has raised $75 million (about Rs 550 crore) in a Series D round led by Avataar Ventures, Prosus Ventures, and Kalaari Capital.
In a statement, the startup sa... |
| 30.04.2021 | Kirana Commerce Platform ElasticRun Raises $75M In Series D Funding Round | ElasticRun, a Pune-based Kirana commerce platform for rural areas, has raised $75 million (about Rs 550 crore) in a Series D round led by Avataar Ventures, Prosus Ventures, and Kalaari Capital.
As per the startup, it will use the raised fun... |
| 29.04.2021 | Indian kirana commerce startup ElasticRun raises USD 75 million from existing backers | Pune-based ElasticRun that connects FMCG (fast-moving consumer goods) and e-commerce companies with mom-and-pop stores in India’s rural areas, has raised USD 75 million in a round co-led by existing investors Avataar Ventures and Prosus Ven... |
| 29.04.2021 | ElasticRun raises $75 million led by existing investors | ETtechIllustration: Rahul Awasthi
Corner-stores commerce platform ElasticRun has raised $75 million, led by existing investors Avataar Ventures and Prosus Ventures, and participation from Kalaari Capital.
The latest round values the company... |
| 28.04.2021 | India’s ElasticRun raises $75 million to grow its commerce platform for neighborhood stores | A startup that is helping over 125,000 neighborhood stores in India secure working capital, inventory from top brands, and work with e-commerce firms to boost revenues said on Thursday it has raised a new financing round as it looks to furt... |
| 30.10.2019 | Logistics startup ElasticRun raises $40 million to expand to new geographies | ElasticRun raised $40 million from Prosus Ventures, which was formerly called Naspers Ventures.
The startup is currently present in 200 cities in India.
This year, two logistics startups Delhivery and Rivigo have achieved unicorn status. Pu... |
| 30.10.2019 | Logistics start-up ElasticRun raises $40 million led by Prosus Ventures | ElasticRun to use the funds to expand its technology platform, expand into additional categories and upgrade its analytics and machine learning platforms
Logistics start-up ElasticRun has raised $40 million led by Prosus Ventures (formerly ... |
| 30.10.2019 | Naspers arm Prosus Ventures leads $40 mn Series C in logistics platform ElasticRun | Shashank Didmishe 30 Oct, 2019
ElasticRun, the digital logistics platform operated by Pune-based startup NTex Transportation Services, has raised $40 million in a Series C funding round led by Naspers-owned Prosus Ventures.
The round also s... |
| 30.10.2019 | Logistics startup ElasticRun raises $40 million to expand to new geographies | ElasticRun raised $40 million from Prosus Ventures, which was formerly called Naspers Ventures.
The startup is currently present in 200 cities in India.
This year, two logistics startups Delhivery and Rivigo have achieved unicorn status.
Ad... |
| 30.10.2019 | Prosus Ventures leads $40M investment in Indian logistics startup ElasticRun | Millions of neighborhood stores that dot large and small cities, towns and villages in India and have proven tough to beat for e-commerce giants and super-chain retailers are at the center of a new play in the country. A score of e-commerce... |
| 30.10.2019 | ElasticRun raises $40 million from Prosus Ventures to expand logistics network | ElasticRun was founded by Sandeep Deshmukh, Saurabh Nigam and Shitiz Bansal in 2016. Photo: iStock ElasticRun raises $40 million from Prosus Ventures to expand logistics network 1 min read . Updated: 30 Oct 2019, 02:26 PM IST Nandita Iyer
E... |
| 04.04.2017 | Logistics startup ElasticRun raises $7 mn from Kalaari Capital, Norwest Ventures | Pune-based Ntex Transportation Services Pvt Ltd has raised $7 million (Rs 45.5 crore) as part of a Series A round from Kalaari Capital Advisors Pvt Ltd and Norwest Venture Partners.
The company, which runs and operates transportation techno... |
| - | Kirana Commerce Platform ElasticRun Raises $75 Mn At $400 Mn Valuation | Kirana commerce platform ElasticRun has raised $75 Mn in a round led by existing investors Avataar Venture Partners and Prosus Ventures. Kalaari Capital also participated in the funding round.
With the latest funding, ElasticRun has a $400 ... |
| - | [Funding alert] ElasticRun becomes 7th unicorn of 2022, raises $300M from SoftBank at $1.5B valuation | ElasticRun, a B2B ecommerce startup that supplies goods to kiranas, has raised $300 million in its Series E funding round at a $1.5 billion valuation from investors such as SoftBank and Goldman Sachs, it said in a regulatory filing late Mo... |
| - | Here Are The Five Startups Showcased At Microsoft’s Tech Summit | At the Future Decoded Tech Summit in Bengaluru, Microsoft India, on Tuesday (February 25), showcased five startups which are using its cloud services and other Microsoft for Startups offerings. Microsoft CEO Satya Nadella, who is on a three... |
| - | Exclusive: ElasticRun Turns Unicorn With $300 Mn Funding From SoftBank, Goldman Sachs | Kirana commerce startup ElasticRun has raised $300 Mn in a fresh round of funding led by Masayoshi Son’s SoftBank. The new round makes it India’s 5th unicorn of 2022.
New round of funding also saw participation from New York-based Goldman S... |
| - | Funding Galore: Startup Fundings Of The Week [14 November – 19 November] | Naspers is planning to set up its venture capital arm in India to expedite its investments. Naspers Ventures’ strategy will be to back scalable technology startups, which leverage India’s consumption growth.
This week 15 startups raised ove... |
