Joseph Rai - Author at VCCircle
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Joseph Rai

Unacademy moves to monthly vesting of ESOPS

TMT

23 May, 2022

Unacademy moves to monthly vesting of ESOPS

Edtech unicorn Unacademy has moved to monthly vesting of its employee stock option plans (ESOPs), tweeted Co-Founder and Chief Executive ......

Startup co-founded by ex-Twitter India head may shut just months after raising VC money

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23 May, 2022

Startup co-founded by ex-Twitter India head may shut just months after raising VC money

Edtech startup Invact Metaversity, founded by former Twitter India chief Manish Maheshwari and senior software engineer at Microsoft, Tanay Pratap, ......

NextBillion.ai secures $21 mn in Series B funding led by Mirae, existing investors

TMT

23 May, 2022

NextBillion.ai secures $21 mn in Series B funding led by Mirae, existing investors

NextBillion.ai, which operates an artificial intelligence (AI)-based enterprise platform focused on hyperlocal solutions, on Monday said it has raised $21 million (around ......

Digital health startup MFine lays off staff

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22 May, 2022

Digital health startup MFine lays off staff

Digital health platform MFine has become the lastest venture capital backed startup to lay off its staff due to a ......

Wakefit posts 50% jump in revenue in FY22; aims to achieve break-even in FY24

Consumer

21 May, 2022

Wakefit posts 50% jump in revenue in FY22; aims to achieve break-even in FY24

Mattress maker and home solutions company, Wakefit Innovations Pvt. Ltd has posted over a 50% jump in its revenue to ......

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Deals Digest: Companies raise $528 mn this week; No. of deals at 30 versus 41 last week

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20 May, 2022

Deals Digest: Companies raise $528 mn this week; No. of deals at 30 versus 41 last week

Companies raised $528 million in venture capital (VC) and private equity (PE) funding this week, nearly half than the $1.04 ......

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UAE-based Foundation Holdings mulls an evergreen fund

Consumer

19 May, 2022

UAE-based Foundation Holdings mulls an evergreen fund

UAE-based multi-family office investment firm, Foundation Holdings is planning to launch an evergreen fund in the next 1 year, a ......

Fintech unicorn Slice launches UPI payments feature

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19 May, 2022

Fintech unicorn Slice launches UPI payments feature

With an aim to become a payments-first company from being a credit-only company, fintech unicorn Slice, operated by GaragePreneurs Pvt. Ltd, has ......

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Hospitals back on Eight Roads' radar of interest, senior partner says

Healthcare

18 May, 2022

Hospitals back on Eight Roads' radar of interest, senior partner says

Venture capitalist Eight Roads Ventures, earlier this week, announced the launch of its first India-dedicated life sciences and healthcare fund ......

Vedantu lays off 7% of its staff

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18 May, 2022

Vedantu lays off 7% of its staff

Vedantu Innovation Pvt. Ltd, which operates a live tutoring platform, is laying off 424, or 7% of its total workforce ......