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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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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…

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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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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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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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A flurry of Indian A-list entrepreneurs buyout Chinese investor Shunwei Capital’s stake in Koo – the microblogging site that’s taking on Twitter

Bombinate Technologies, the parent company of Vokal and Koo, has shown the door to one of its early…

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Udaan raises a whopping $585 million to hit a valuation of $2.8 billion

Indian B2B e-commerce platform udaan has raised a whopping $585 million from Tencent, Altimeter, Fo…

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EV startup Vidyut raises $10 mn to build full-stack ecosystem

EV startup Vidyut on Tuesday said it has raised $10 million in its Series A fundraise (a mix of equ…

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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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Former Flipkart SVP's online shopping platform Flash raises $5.8 million in seed round

The seed round was led by global funds like Global Founders Capital (GFC), White Venture Capital, P…

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4 mins read

BYJU’s, Zomato, Dream11 among India’s most valuable PE/VC-funded companies as per Hurun

The second edition of the Burgundy Private Hurun India 500 report featured India’s 500 most valuabl…

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Google, Microsoft backed VerSe Innovation sacks 150 employees, cuts pay for employees earning ₹10 lakh or more

VerSe Innovation, the parent company of short video platform Josh and news aggregator Dailyhunt, ha…

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Akasa Air begins service in UP

Akasa Air is commencing its air service from Lucknow on Sunday.

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In the funding winter, only four companies turn unicorns in the June quarter

The ongoing funding winter has already caused a slowdown in the unicorn creation trend of India. On…

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Ahead of its electric three-wheeler launch, EV startup Euler Motors raises ₹30 crore

The investment was led by the startup’s existing investors Inventus India and Jetty Ventures, an…

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8 mins read

11,000 and counting — that’s how bad startup job losses are after Ola, Byju’s & 22 others cut costs

Indian startups have laid off a little over 11,000 people in the last six months as the flow of cap…

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1 min read

Bypolls to one Lok Sabha and 56 assembly seats on November 3 and 7: Election Commission

While bypolls to 54 assembly seats will take place on November 3, by-elections for one Lok Sab…

PTI   


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Meet Bhavna Suresh ⁠— a serial entrepreneur who just raised $40 million in seed funding for her startup 10club

10club has closed its seed funding round at $40 million, which is one of the largest seed financ…

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Coinswitch Kuber raises $260 million, becomes the second cryptocurrency unicorn in India

In business parlance, a unicorn is a privately held startup company valued at over USD 1 billion…

PTI