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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   


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1 min read

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…

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1 min read

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   


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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…

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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   


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3 mins read

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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1 min read

Wearables startup Ultrahuman raises $35 million to accelerate growth

Homegrown wearables startup Ultrahuman on Wednesday announced that it raised $35 million in a serie…

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3 mins read

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…

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5 mins read

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…

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3 mins read

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…

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2 mins read

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…

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1 min read

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…

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1 min read

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   


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5 mins read

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 …

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1 min read

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…

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5 mins read

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…

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3 mins read

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 …

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5 mins read

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   


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4 mins read

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…