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E-commerce startup Bolt wants to raise new money under aggressive terms that could make its once-ousted founder rich, reports say
Bolt founder Ryan Breslow proposes returning as CEO with a $2 million bonus and $1 million in back …
Shubhangi Goel
Meesho lays off 251 employees to 'achieve sustained profitability'
Meesho, a social commerce platform based in India, has laid off 15% of its workforce – 251 employee…
Former CEO of buzzy tech startup hit with prison time for fraud
Prosecutors said the sentence of ex-Headspin CEO Manish Lachwani is a warning to other "fake it til…
Grace Eliza Goodwin
As profitability takes priority, venture debt finds favour with startup founders: Strides report
71% of founders of early-stage companies plan to raise venture debt in 2023. 74% of VCs surveyed s…
Reddit's lost money for nearly 20 years. Turning a profit is going to be tricky.
Reddit has never made a profit. The company aims to make money from advertising, data licensing, an…
Theron Mohamed
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…
Wearables startup Ultrahuman raises $35 million to accelerate growth
Homegrown wearables startup Ultrahuman on Wednesday announced that it raised $35 million in a serie…
More unicorns focused on profitability now than just burning cash as funding winter sets in
More unicorns are turning a profit, with Molbio Diagnostics topping the charts with a profit of $46…
With the onset of funding winter, founders are now better behaved, says Mukul Gulati of Zephyr Peacock
With the go-go days of funding behind us, private equity players say that founders are no longer be…
Top 10 profitable startups in India – from Zerodha to Zoho and Firstcry, here’s the list
Here are the most profitable startups in India in 2021-22.
Startup founders focus on profitability, hope for higher valuations: InnoVen Capital report
A majority of Indian startup founders are optimistic about getting a higher valuation for their com…
Indian startup founders celebrate Paytm’s success as company posts first operating profit
Paytm said its revenue from operations rose 42% year-on-year to ₹2,062 crore in the October-Dece…
Paytm founder announces operating profitability, says free cash flow generation is next
Paytm, leading payments and financial services company, on Friday said it has achieved operating pr…
MoviePass had its first profitable year ever in 2023, its CEO says
The movie-theater-ticket app has surpassed 1 million films seen on its revamped platform.
Jason Guerrasio
A 'thaw in startup funding winter' as two unicorns emerge within a quarter
The year 2024 has been good for many startups, as deal activity is growing at a faster clip. While …
Fintech unicorn InCred reports 132% growth in profit in Q3 FY24
Fintech unicorn InCred on Wednesday reported 132 per cent growth in profit before tax to Rs 298 cro…
The sure shot ‘signs’ of a successful entrepreneur
It takes a lot of creativity, courage and determination to start and build a successful business. I…
Zephyr Peacock India looks to raise $200 mn in the midst of funding winter
Global investors are still interested in India’s private markets. New York-based global investment …
The fertility business is booming as startups go after big profits in a $54 billion market, even as other healthcare companies slump
Fertility companies like Kindbody and Progyny are thriving, with surging demand and big profits.
Rebecca Torrence
Tough times will make startups go for ‘hero teams’, slash ad budgets and focus on profits
The anticipation of a rough funding winter may make Indian startups more conscious about their spen…