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Amazon aggregator Thrasio will invest half a billion dollars in buying Indian brands

Thrasio started its Indian innings with acquiring Lifelong Online, a leading domestic online con…

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1 min read

A wave of layoffs is sweeping the US. Here are firms that have announced cuts so far, from Compass to Coinbase.

Peloton has already laid off thousands of employees this year. Online car dealer Carvana slashed 12…

Avery Hartmans   


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1 min read

A wave of layoffs is sweeping the US. Here are firms that have announced cuts so far, from Peloton to Wells Fargo.

The reason, broadly, is twofold: Business growth is slowing, while labor costs are increasing. The …

Ben Gilbert   


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Former Myntra CEO started Mensa Brand in May ⁠and it’s already worth a billion dollars

A unicorn, in the startup purlance, is a company valued at over billion dollars. Mensa brand…

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1 min read

New e-commerce software company helmed by former Thrasio CTO launches with a capital-as-a-service acquisition after raising $12 million

Swiftline purchased Yardline from Thrasio as it moves to enter the e-commerce space and work closel…

Julie Peck   


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4 mins read

We aspire to clock Rs 500 crore in net revenue in the next 2 years: Deepak Gupta, Bombay Shaving Company

The brand plans to scale up innovation in product development and ramp up its offline presence from…

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2 mins read

Revenue-based financing startup Klub raises $20 million in seed round

Klub, a fintech startup that provides revenue-based financing, has raised a seed funding of $20 mil…

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A start-up that’s on the hunt to buy third-party Amazon sellers is offering Tesla Model Ys and $50,000 cash prizes for referrals

"If we acquire a business that you refer us, we will buy you a Tesla," e-commerce aggregator Acquco…

Anna Cooban   


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Thrasio, the giant firm buying up Amazon 3rd-party sellers, adds JCPenney exec as CFO and $100 million in new funding

Thrasio, a company dedicated to buying up Amazon brands, also announced that it's raised $1.35 bill…

Áine Cain   


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GlobalBees, a Thrasio-style startup launched by FirstCry and Edelweiss execs, raises $150 million in few months of launch

GlobalBees, a Thrasio-style investment platform, has raised $150 million in a mix of equity and deb…

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3 mins read

10 Things in Tech: Amazon's AI scramble

In today's edition: Amazon is rushing to respond to ChatGPT, Sam Altman is losing sleep, and SpaceX…

Hallam Bullock   


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5 mins read

Birla has the best wedding suits stacked up and he wants them displayed on your phone

The company has said that the new entity will build “a portfolio of distinct, new-age, digital b…

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3 mins read

So you've been laid off from a tech company. What's next?

The biggest story in tech right now is what to do after being laid off. We're sharing firms that ar…

Jordan Parker Erb   


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10 Things in Tech: Meet the top seed investors

We're unveiling our list of the country's top seed investors, and introducing a metaverse landlord …

Jordan Parker Erb   


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2 mins read

10 things in tech you need to know today

Facebook just launched its smart glasses, and Amazon offered to pay for workers' college degrees: 1…

Jordan Parker Erb   


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1 min read

Three out of every four COVID-19 deaths in Delhi are unvaccinated patients

"On Thursday, the national capital had recorded 28,867 new Covid cases, the highest ever single-…

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India is home to 81 unicorns now as Mamaearth, Globalbees make it to the list

The company runs on a Thras.io model, which is a New York-based e-commerce player that acquire…

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Brookfield-backed Tower Infrastructure Trust to acquire Space Teleinfra for ₹900 crore

Brookfield-backed Tower Infrastructure Trust has acquired Space Teleinfra Private Limited (STIPL) f…

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3 mins read

10 Things in Tech: Leaked startup data

In today's edition: Privately held startups are watching their valuations plunge, and a $59 million…

Jordan Parker Erb   


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2 mins read

PolicyBazaar plans to raise close to $870 million through its IPO at a likely valuation of $3.5 billion

PolicyBazaar’s parent company PB Fintech is planning to raise ₹6,500 crore (around $871 million) IP…