Startup
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 ......
TMT
DesignCafé gets a top-up from WestBridge; Vitraya, EazyDiner, others raise funding
Home interior services platform DesignCafé, insurtech firm Vitraya Technologies, healthcare startup Serigen Mediproducts, restaurant table reservation startup EazyDiner and superfood ......
TMT
Temasek injects fresh capital into upGrad
UpGrad Education Pvt Ltd, which runs the edtech platform upGrad, has raised Rs 300 crore (around $36.4 million) in an ......
TMT
LifeLong-led consortium acquires GoMechanic in slump sale
A consortium led by auto component maker Lifelong India Pvt. Ltd has bought beleaguered car care platform GoMechanic in a ......
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