Startups
Finance
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 ......
TMT
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 ......
TMT
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 ......
TMT
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, ......
TMT
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 ......
TMT
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 ......
TMT
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 ......
TMT
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 ......
TMT
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 ......
People
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 ......