Startup
TMT
Acquisition by Physicswallah will help us accelerate growth: Knowledge Planet co-founder
UAE-based test prep startup Knowledge Planet was recently acquired by Indian unicorn Physicswallah, which aims to expand into the Middle ......
TMT
Cloud-based firm CometChat raises $5 mn; Sequoia's Surge, others back Metastable Materials
Cloud-based communication platform CometChat and deeptech startup Metastable Materials have secured early-stage funding, the companies said on Monday. CometChat Mumbai and Denver-based ......
Finance
VC-backed fintechs' credit card play gets second shocker as key issuer pulls the plug
SBM Bank India, the wholly-owned subsidiary of foreign lender State Bank of Mauritius (SBM), has blocked the corporate credit cards ......
Finance
Rabo, others back Avanti Finance with $24 mn cheque
Technology-led non-bank finance company (NBFC) Avanti Finance raised $24 million (about ₹197 crore) in funding from Rabo Partnerships, a wholly-owned ......
Finance
Oyo slashes issue size as it refiles for IPO
Softbank-backed hotel aggregator Oyo has submitted a confidential "pre-filing" document for a likely slimmed-down initial public offering, a source told ......
TMT
Two investors knock down Byju's valuation to less than half
At least two investors of edtech major Byju’s have significantly marked down the value of their stake in the company, ......
TMT
Gulf startups Vuz, Telfaz11, Madark raise funding
Startup funding activity in the Middle East entered slow lane in the last week of March following an action-packed first ......
TMT
SoftBank-backed Unacademy to lay off 12% of staff
Indian edtech startup Unacademy is laying off 12% of its workforce, citing a funding winter and pressure to turn profitable, ......
TMT
Upskilling platform Scaler eyes fresh funding but may miss unicorn valuation
Upskilling focussed digital learning platform Scaler Academy, which is backed by the likes of bulge bracket asset managers including Tiger Global and ......
TMT
Yulu seeing FY24 as turnaround year, sights major expansion
Bengaluru-based electric mobility provider, Yulu Bikes Pvt. Ltd, which has garnered interest particularly among e-commerce delivery executives in metro cities ......
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