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1 min read
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…
2 mins read
Jewellery retail chain Joyalukkas withdraws ₹2,300 crore IPO
Kerala-based jewellery retail chain Joyalukkas India withdrew its ₹2,300 crore initial public offer…
2 mins read
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 …
1 min read
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…
2 mins read
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…
3 mins read
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…
5 mins read
Four IPOs to raise over ₹4,600 crore this week
At a time when the stock market is on an upswing despite negative cues from global markets, the pri…
3 mins read
Tiger Global is now an investor in three of the five B2B ecommerce unicorns in India
OfBusiness, which allows businesses to purchase bulk orders from sellers online, has doubled its va…
2 mins read
Mazagon Dock Shipbuilders IPO fully subscribed on day one — led by robust retail demand
The state-owned Indian Naval shipbuilding firm Mazagon Dock Shipbuilders witnessed a stellar respon…
2 mins read
Here’s why Zomato is reportedly cutting a $300 million cheque for Grofers
Zomato had recently announced its $1.1 billion initial public offering plan, in which it had men…
2 mins read
Happiest Mind Tech IPO makes Ashok Soota one of India’s richest – marks his debut on Hurun Rich List 2020
The Bengaluru-based IT speciality company Happiest Minds Technologies’ ₹702 crore IPO, which concl…
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…
2 mins read
PharmEasy falls into difficult times, lays off employees for the second time this year
After delayed its plans to go for an IPO in August 2022, Mumbai-based healthtech startup PharmEasy …
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…
2 mins read
Over 150 million kids in Africa in the grip of poverty, climate disaster: Report
More than 150 million children across East and Southern Africa are gripped by grinding poverty and …
3 mins read
Sensex shrugs off weak global cues to hit 60,000
Indian benchmark indices opened in the green on Friday shrugging off negative cues from Asian and t…
2 mins read
Musk is now Twitter boss, fires Indian-origin CEO Agrawal, other top execs
Tesla CEO Elon Musk has finally taken over as Twitter boss and his first job was to reportedly fire…
4 mins read
Historic decision, red-letter day – BCCI’s pay equity decision wins hearts of Smriti Irani, Sachin Tendulkar, Mithali Raj and more
BCCI today announced that its centrally-contracted male and female cricketers will get equal match …
2 mins read
The Whole Truth, a ‘healthy’ packaged food brand, raises $6 million to enter new categories
Healthy packaged food startup The Whole Truth (TWT) has raised $6 million in its Series A round led…
5 mins read
Startups go physical from digital as pandemic boom ends
Now that the pandemic boom has faded, edtech startups like Byju’s, Unacademy, Vedantu or furnitu…