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Udaan lays off 100 employees a week after raising $340 million

Homegrown B2B e-commerce platform Udaan, which raised $340 million last week, laid off more than 10…

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Udaan raises $340 mn with eye on listing in 12-18 months

India’s largest eB2B platform Udaan said on Thursday that it has raised $340 million in Series E fi…

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Udaan shipped over 1.7 billion products across 1,200 cities in 2022

E-commerce platform Udaan said that it shipped over 1.7 billion products catering to over 22 millio…

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Amid startup funding crunch, Udaan raises $120 million and plans IPO after a year

While the whole startup ecosystem is facing a funding crunch this year, this outlier startup …

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Indian startups raised $732 million across 107 deals in January

Indian startups have raised $732.7 million across 107 deals in January this year amid layoffs, shut…

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Electric-vehicle financing startup Vidyut raises $4 million in first round of funding

Vidyut Tech (VT), an Indian startup for EV financing has raised $4 million in a mix of equity and d…

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2023: The year that startups started to grow up

The year of 2023 was tough for many startups which had to survive without the VC funding bottle. Un…

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New India’s greatest wealth creators are 90s babies, born without a silver spoon

This millennium’s wealth creation story is written by startups — well mostly. According to a report…

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Firing at Byju’s backed WhiteHat Jr, Toppr and 10 others left 2,000 out of jobs in June

Indian startups have laid off a little over 11,600 people in the last six months as the flow of cap…

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Top 10 loss making startups in India in 2021 – from Oyo to PhonePe and Paytm, here’s the list

India crossed a century of unicorns earlier this month, but the list also includes several startups…

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Unicorn health check: 30 will be IPO ready next year but future bleak for 20

The next three years will be testing times for unicorns, says Redseer, which sees a bleak future fo…

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2 mins read

India’s retail system needs more Udaan-like models for the unorganised market

Multi-category eB2B platforms like Udaan have gained market share and have a distinct advantage ove…

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4 mins read

Angel tax changes to cheer investors, aid late-stage funding say experts

The Central Board of Direct Taxes (CBDT) in India has changed its rules relating to angel tax, a de…

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Indian B2B e-commerce startup udaan raises $280 million, valuation jumps to over $3 billion

Indian B2B e-commerce platform udaan has raised $280 million. The additional financing was led by t…

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Jewellery retail chain Joyalukkas withdraws ₹2,300 crore IPO

Kerala-based jewellery retail chain Joyalukkas India withdrew its ₹2,300 crore initial public offer…

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Udaan raises $120 mn in funding winter, plans IPO in 12-18 months

Business-to-business (B2B) e-commerce platform Udaan has raised $120 million in convertible notes a…

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3 mins read

Early-stage startups keen on hiring for mid and junior roles: FICCI-Randstad survey

A survey by industry body FICCI and HR services firm Randstad India says that early-stage startups …

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Over 23,000 techies lose jobs in nearly 82 Indian startups to date

As layoffs continue to deepen amid recession fears, more than 23,000 employees have been laid off b…

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EXCLUSIVE: The nearly $3 billion Udaan lays off thousands of its contract staff⁠— sales and delivery guys are now out of jobs

Indian unicorn startup Udaan has sacked half of its ground force, a source told Business Insider. T…

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4 mins read

From Byju Raveendran, Vijay Shekhar Sharma to Nithin Kamath and Udaan co-founders – Here are the richest entrepreneurs of India

India is the third-largest startup ecosystem in the world and is also home to some of the most valu…