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SucSeed, Dholakia, others back IoT firm str8bat

TMT

17 January, 2023

SucSeed, Dholakia, others back IoT firm str8bat

Bengaluru-based internet of things platform str8bat has secured an undisclosed amount in a bridge round from SucSeed Indovation Fund, Dholakia ......

Fintech startup NeoGrowth raises $10 mn from MicroVest

Finance

17 January, 2023

Fintech startup NeoGrowth raises $10 mn from MicroVest

NeoGrowth, a non-banking finance company with a focus on micro, small and medium enterprises (MSMEs), on Tuesday said it has ......

Z3Partners marks final close of tech fund

TMT

17 January, 2023

Z3Partners marks final close of tech fund

Z3Partners, a venture capital fund focused on India’s tech startups, on Tuesday marked the final close of its Z3Partners Tech ......

Groyyo taps former ThreadSol executive as CTO

People

17 January, 2023

Groyyo taps former ThreadSol executive as CTO

Business-to-business (B2B) manufacturing and automation startup Groyyo on Tuesday said it has appointed Abhishek Srivastava as its chief technology officer.  With ......

Paytm can hit EBITDA profitability by March 2023: Goldman Sachs

Finance

17 January, 2023

Paytm can hit EBITDA profitability by March 2023: Goldman Sachs

Fintech major Paytm may hit adjusted Ebitda (earnings before interest, taxes, depreciation, and amortization) profitability by March 2023, six months ......

Shivanssh Holdings, others back D2C personal care brand Zlade

TMT

16 January, 2023

Shivanssh Holdings, others back D2C personal care brand Zlade

Pune-based direct-to-consumer personal care brand Zlade has secured $1.5 million (around Rs 12.3 crore) in a fresh fundraise from a ......

Sequoia-backed Rebel Foods fires 2% of workforce

Finance

16 January, 2023

Sequoia-backed Rebel Foods fires 2% of workforce

Cloud kitchen brand Rebel Foods which operates Faasos, Behrouz Biryani and Oven Story Pizza has sacked close to 2% of ......

Temasek-Kuenhe + Nagel JV invests in logistics startup Locad

TMT

16 January, 2023

Temasek-Kuenhe + Nagel JV invests in logistics startup Locad

Logistech Solutions Pte Ltd, which runs logistics startup Locad, on Monday said it has raised $11 million (Rs 90 crore) ......

Google-backed ShareChat lays off 20% staff

People

16 January, 2023

Google-backed ShareChat lays off 20% staff

Google and Temasek-backed Mohalla Tech Pvt. Ltd, which runs social media platform ShareChat and short video platform Moj, said on ......

Tata Capital Healthcare Fund invests in Series A round of Mumbai Oncocare Centre

Healthcare

16 January, 2023

Tata Capital Healthcare Fund invests in Series A round of Mumbai Oncocare Centre

Tata Capital Healthcare Fund, the healthcare-focused arm of private equity firm Tata Capital Ltd, has invested $10 million (around Rs ......