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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
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…
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…
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 f…
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 …
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
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
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…
2 mins read
Two-year-old Apna is among the fastest unicorns of India, despite making no revenue
Apna, a job platform for blue collar workers, has been valued at $1.1 billion merely two years afte…
2 mins read
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
2 mins read
EXCLUSIVE: The nearly $3 billion Udaan lays off thousands of its contract staff— sales and delivery guys are now out of jobs
Indian unicorn startup Udaan has sacked half of its ground force, a source told Business Insider. T…
2 mins read
Unacademy announces ESOP buyback worth nearly ₹30 crore for its employees
India’s latest edtech unicorn Unacademy has announced ESOP (Employee Stock Ownership Plan) buyback …
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…
2 mins read
It’s a busy 2020 for Byju’s – $545 million in funds so far, acquisitions and overseas expansion
DST Global, which was founded by Israeli-Russian billionaire Yuri Milner, gets a 1.2% stake in t…
2 mins read
Unacademy enters the unicorn club with a $150 million funding from SoftBank
It’s been quite the year for Unacademy. The five-year old startup has entered the unicorn club with…
2 mins read
These are the hottest startup sectors of the decade
Over the decade, Indian startups have grown and how. Not only did they bring in innovative ideas an…
3 mins read
India’s unicorn backers are shoring up their funds as they hunt for the next big startup
The biggest crises lead the way for the biggest of opportunities. At least, that’s what India’s Ven…
1 min read
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…
2 mins read
These are the 25 most sought after startups in India: Report
While the list is extensive, there is no set trend to what sector of startups people prefe…
1 min read
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…