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Sequoia backs SquareX; Castler, Agrizy, Soptle raise early-stage funding

TMT

10 May, 2023

Sequoia backs SquareX; Castler, Agrizy, Soptle raise early-stage funding

Cybersecurity startup SquareX, fintech platform Castler, agritech firm Agrizy and Software-as-a-service (SaaS) marketplace Soptle have secured early-stage funding, the companies ......

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Exclusive: Now, Ola gets a reality check as investor knocks down valuation ahead of planned IPO

TMT

09 May, 2023

Exclusive: Now, Ola gets a reality check as investor knocks down valuation ahead of planned IPO

An Ola investor, which had slashed its estimate of the ride-hailing company’s valuation by more than half over a 15-month ......

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Eruditus' Damera on scrapping $350 mn funding, breaking even and more

TMT

09 May, 2023

Eruditus' Damera on scrapping $350 mn funding, breaking even and more

The past few months have seen edtech companies shift focus towards profitability, rationalization of spending, slowing growth projections, and a ......

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Decoding Infinity Learn's M&A thesis after three edtech acquisitions

TMT

09 May, 2023

Decoding Infinity Learn's M&A thesis after three edtech acquisitions

Infinity Learn, part of the Hyderabad-based group Sri Chaitanya Educational Institutions, is looking to acquire fledgling edtech startups to strengthen ......

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Invesco trims Swiggy's valuation in ‘March' again after slashing it to $5.5 bn

TMT

08 May, 2023

Invesco trims Swiggy's valuation in ‘March' again after slashing it to $5.5 bn

US-based Invesco has knocked down the value of its stake in foodtech unicorn Swiggy held through one of its investment ......

Early-stage startups Fundly, Sugar Watchers, Meet7 raise funding

TMT

08 May, 2023

Early-stage startups Fundly, Sugar Watchers, Meet7 raise funding

Fintech startup Fundly.ai, fast-moving consumer goods (FMCG) brand Sugar Watchers and dating application Meet7 have secured early-stage funding, the companies ......

Tiger Global-backed Groyyo nears $200 mn revenue rate, hits breakeven

Manufacturing

08 May, 2023

Tiger Global-backed Groyyo nears $200 mn revenue rate, hits breakeven

Business-to-business (B2B) manufacturing and automation startup Groyyo is nearing a $200 million revenue rate, closing last financial year (FY) at ......

Sequoia-backed Cuemath fires 100 employees; founder returns as CEO

TMT

08 May, 2023

Sequoia-backed Cuemath fires 100 employees; founder returns as CEO

Online math tutoring platform Cuemath has laid off 100 employees or nearly 12.5% of its 800-strong staff, becoming the latest ......

Proptech startup PropertyPistol secures Series A funding round

TMT

05 May, 2023

Proptech startup PropertyPistol secures Series A funding round

Proptech startup PropertyPistol said Friday it has secured $5.5 million (Rs 45 crore) in a Series A funding round from ......

Gulf Digest: e& buys Beehive; Tarabut, Squatwolf, Snoonu get VC funding

TMT

05 May, 2023

Gulf Digest: e& buys Beehive; Tarabut, Squatwolf, Snoonu get VC funding

Funding activity in the Gulf region accelerated in the first week of May after a subdued April, led by a ......