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‘Angel tax ends pref treatment of foreigners'

Finance

03 February, 2023

‘Angel tax ends pref treatment of foreigners'

The return of angel tax is nothing but an attempt to level the playing field for domestic investors which is ......

Byju's lays off 1,500 employees to focus on outsourcing some operations

TMT

02 February, 2023

Byju's lays off 1,500 employees to focus on outsourcing some operations

Tiger Global-backed Byju’s has fired about 1,500 employees, including senior executives, in the second layoff exercise by India’s most valuable ......

Syngene rakes in $131 mn from Singapore's GIC

Healthcare

02 February, 2023

Syngene rakes in $131 mn from Singapore's GIC

Singapore’s sovereign wealth fund GIC on Wednesday invested Rs 1,075.2 crore (around $131 million) in drug research company Syngene International ......

Classplus backs test prep app Abhinay Maths

TMT

02 February, 2023

Classplus backs test prep app Abhinay Maths

Test preparation app Abhinay Maths has raised an undisclosed capital from edtech platform Classplus. Noida-based Abhinay Maths plans to  use the ......

Sequoia, Alteria, others invest $12 mn in Freightify

TMT

02 February, 2023

Sequoia, Alteria, others invest $12 mn in Freightify

Software-as-a-service (SaaS) startup Freightify on Thursday said it has secured $12 million (around Rs 98.3 crore) in a Series A ......

Mumbai Angels leads seed round in A Toddler Thing

TMT

02 February, 2023

Mumbai Angels leads seed round in A Toddler Thing

Baby focussed brand A Toddler Thing on Thursday said it has raised seed funding of $268,689 (around Rs 2.2 crore) ......

What the budget missed, according to investors

Finance

01 February, 2023

What the budget missed, according to investors

The alternative investment fund (AIF) and the startup industry was largely left disappointed with the proposed Finance Bill 2023,  which ......

FM proposes sops for Gift City to tap more entrepreneurs

TMT

01 February, 2023

FM proposes sops for Gift City to tap more entrepreneurs

Gift IFSC (International Financial Services Centres), a special economic zone in Gujarat being developed as a financial services hub, received ......

Ecosystem welcomes Govt's sustainability push in Budget 2023

Finance

01 February, 2023

Ecosystem welcomes Govt's sustainability push in Budget 2023

Finance minister Nirmala Sitharaman proposed a reduction in the basic customs duty for non-lithium and ion cell batteries utilized in ......

Budget 2023 fails to deliver for startups and investors

Finance

01 February, 2023

Budget 2023 fails to deliver for startups and investors

The Budget speech in India is as keenly followed by the public as any major sporting event. It even engenders ......