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MassMutual leads $7.5 mn round in Scrut Automation

TMT

21 February, 2023

MassMutual leads $7.5 mn round in Scrut Automation

Riversys Technologies Private Limited, which runs software-as-a-service startup Scrut Automation, has raised $7.5 million (around Rs 62.09 crore) in a ......

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Unicorn upGrad eyes EBITDA profitability next fiscal

Finance

21 February, 2023

Unicorn upGrad eyes EBITDA profitability next fiscal

Ronnie Screwvala-led upskilling unicorn upGrad is aiming to turn operationally profitable in the next fiscal even as the company looks ......

NxtWave raises $33 mn in fresh funding

TMT

21 February, 2023

NxtWave raises $33 mn in fresh funding

Hyderabad-based edtech startup NxtWave on Tuesday said it has raised $33 million in a Series A funding round, led by ......

NimbleS2P gets fresh infusion from Inflection Point Ventures, others

TMT

21 February, 2023

NimbleS2P gets fresh infusion from Inflection Point Ventures, others

Software-as-a-Service (SaaS) firm NimbleS2P on Tuesday said it has secured pre-Series A funding of $483,383 (around Rs 4 crore) led ......

Why PhysicsWallah backer GSV Ventures still finds Indian edtech attractive

TMT

21 February, 2023

Why PhysicsWallah backer GSV Ventures still finds Indian edtech attractive

India is still one of the world's most exciting markets for education technology investors, says venture capital firm GSV Ventures, ......

AdmitKard raises Rs 50 cr in Series A

TMT

20 February, 2023

AdmitKard raises Rs 50 cr in Series A

College admissions startup AdmitKard has raised Rs 50 crore ($6 million) in Series A funding, led by global edtech investor ......

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Sequoia, Accel may co-lead investment in ApnaMart

Finance

21 February, 2023

Sequoia, Accel may co-lead investment in ApnaMart

Neighbourhood supermart chain ApnaMart, run by Fleet Labs Technologies Pvt. Ltd, is looking to raise $17-20 million in a Series ......

IPO-bound BharatPe taps former SBI Cards exec as chief risk officer

People

20 February, 2023

IPO-bound BharatPe taps former SBI Cards exec as chief risk officer

Sequoia-backed BharatPe on Monday announced that it has appointed Aparna Kuppuswamy as its chief risk officer as the fintech unicorn ......

Shobitam makes maiden bet with House of Blouse

Consumer

20 February, 2023

Shobitam makes maiden bet with House of Blouse

Ethnic wear brand Shobitam has marked its first acquisition with apparel brand House of Blouse to strengthen its product offerings.  However, ......

Twitter continues layoffs, this time across sales: Report

TMT

20 February, 2023

Twitter continues layoffs, this time across sales: Report

Microblogging platform Twitter has sacked more employees in a fresh round of layoff, reported a news website The Information. To ......