Startups
TMT
Investment activity rebounds in first week of the year
The first week of 2023 saw funding activity on venture capital (VC) and private equity (PE) clocking over 2x as ......
Finance
Advent invests in KreditBee's $200 mn round
Fintech startup KreditBee, on Friday announced that it has raised $100 million more in an extension of its Series D ......
Finance
Kedaara, SoftBank, others eye part exit from Lenskart
Lenskart’s early backers, including Premji Invest, Kedaara Capital, TR Capital, and SoftBank, are seeking to sell a portion of their ......
People
Edtech firm Harappa fires 35% workforce
UpGrad-owned edtech platform Harappa Education has shown the door to around 70 employees or 35% of its 200-strong workforce, at ......
TMT
Tiger Global-backed Jupiter snags $12 mn
Amica Financial Technologies Pvt Ltd, which runs neobanking startup Jupiter, on Thursday said it has secured Rs 100 crore (around ......
Finance
Ambit Finvest acquires SME Corner to strengthen lending play
Ambit Finvest Pvt Ltd, a unit of Ambit Group, on Thursday said it has bought Mumbai-based fintech startup SME Corner ......
People
UpScalio sacks 15% staff
UpScalio, which manages several direct-to-customer (D2C) brands, has laid off 15% of its workforce or around 40 employees basis individual ......
Consumer
ElectricPe taps GFC, Blume Ventures, others in pre-Series A round
Wattapp Technologies Pvt Ltd, which runs electric vehicle charging startup ElectricPe, on Thursday said it has secured pre-Series A funding ......
People
Moglix lays off up to 3% workforce
Business-to-business (B2B) e-commerce unicorn Moglix has laid off 30-40 employees, joining a large group of Indian startups that have slashed ......
Consumer
Ola set to launch EV cab services
Cab aggregator Ola Cabs, run by ANI Technologies Pvt Ltd, is set to launch its first fleet of electric vehicles ......