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Sequioa backed Klub extends credit to BluSmart, Hero Electric, others

Finance

16 January, 2023

Sequioa backed Klub extends credit to BluSmart, Hero Electric, others

Revenue-based financing platform Klub on Monday said it has extended credit up to Rs 50 crore (around $6 million) to ......

SaaS startups bank on Budget 2023 for economic boost

TMT

13 January, 2023

SaaS startups bank on Budget 2023 for economic boost

The Indian government is expected to use the upcoming budget to revive the Indian economy amid concerns of a global ......

Bombay HC asks Rapido to stall ops in Maharashtra

TMT

13 January, 2023

Bombay HC asks Rapido to stall ops in Maharashtra

Bombay High Court has directed bike taxi aggregator Rapido to stop operation in Maharashtra immediately owing to the fact that ......

Sequoia Capital cuts fees for new funds amid VC slowdown

TMT

13 January, 2023

Sequoia Capital cuts fees for new funds amid VC slowdown

Sequoia Capital has lowered management fees in its two recently-launched venture funds as it braces for a slower investment environment, ......

Ola sacks employees post restructuring

TMT

13 January, 2023

Ola sacks employees post restructuring

Bengaluru-based cab aggregator platform Ola Cabs has laid off employees from some of its verticals as part of a restructuring ......

Wakefit raises $40 mn led by Investcorp

TMT

13 January, 2023

Wakefit raises $40 mn led by Investcorp

Wakefit Innovations Pvt. Ltd on Thursday said it has raised ₹320 crore (about $40 million) in a round led by ......

iAngels, others back B2B procurement firm Badhaan

TMT

12 January, 2023

iAngels, others back B2B procurement firm Badhaan

Hyderabad-based business-to-business procurement startup Badhaan on Thursday said it has secured an undisclosed amount in a seed funding led by ......

NCLT approves PVR-Inox merger

TMT

12 January, 2023

NCLT approves PVR-Inox merger

The Bombay Bench of the National Company Law Tribunal (NCLT) on Thursday approved the merger between the country’s top two ......

Inflection Point, Faad Network, others back SuperCluster Pi

TMT

12 January, 2023

Inflection Point, Faad Network, others back SuperCluster Pi

House of brands player SuperCluster Pi has secured seed funding of $2 million (around Rs 17 crore) led by Bobby ......

Former BetterPlace exec joins Scaler to lead data science, ML ops

People

12 January, 2023

Former BetterPlace exec joins Scaler to lead data science, ML ops

Sequoia Capital-backed edtech firm Scaler on Thursday appointed Manish Pansari as the senior vice president to its data science and ......