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Former Krafton exec joins JetSynthesys' gaming vertical

People

31 October, 2022

Former Krafton exec joins JetSynthesys' gaming vertical

Gaming firm JetSynthesys Pvt. Ltd on Monday said it has roped in former Krafton India’s senior executive Anuj Tandon as ......

Indian startups slash quantum of hiring permanent staff, CXOs: Report

TMT

31 October, 2022

Indian startups slash quantum of hiring permanent staff, CXOs: Report

Indian startups have trimmed their quota of hiring permanent employees and top-level management sharply through last year, as a funding ......

SphitiCap makes second investment from maiden fund

TMT

31 October, 2022

SphitiCap makes second investment from maiden fund

Early-stage venture capital fund SphitiCap, on Monday announced an investment of $11.5 million (about Rs 94.7 crore) in fintech startup ......

Climate-focused Neev II Fund invests in Hygenco

TMT

31 October, 2022

Climate-focused Neev II Fund invests in Hygenco

Neev II Fund, a climate and sustainability-focused SME fund, on Monday announced an undisclosed amount of investment in Hygenco Green ......

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Startups opt for hybrid work models with exceptions as covid eases

TMT

31 October, 2022

Startups opt for hybrid work models with exceptions as covid eases

Most of India’s unicorn startups are allowing their employees to continue working from home, but with certain exceptions. This as ......

Myntra's losses widen 39%, revenues grow over Rs 3,500 cr

Finance

28 October, 2022

Myntra's losses widen 39%, revenues grow over Rs 3,500 cr

Flipkart-owned fashion etailer Myntra’s losses widened 39% to Rs 597.6 crore during financial year 2021-2022 (FY22) from Rs 429 crore ......

PayU's revenue jumps 51% in FY22, profit touches Rs 126 cr

Finance

28 October, 2022

PayU's revenue jumps 51% in FY22, profit touches Rs 126 cr

Prosus-owned PayU Payments Pvt Ltd on Friday reported a 51% rise in its revenue at Rs 2,130.3 crore for the financial year ......

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Deals Digest: Funding value drops to $332 mn this week

Finance

28 October, 2022

Deals Digest: Funding value drops to $332 mn this week

Investments by venture capital (VC) and private equity (PE) firms dropped to $332 million this week from last week’s $1.06 ......

Musk's Twitter takeover begins with firings, says ‘the bird is freed'

People

28 October, 2022

Musk's Twitter takeover begins with firings, says ‘the bird is freed'

Billionaire Elon Musk has taken ownership of Twitter with brutal efficiency, firing top executives immediately but providing little clarity over ......

Flipkart's loss widens 51% to Rs 4,362 cr in FY22

Finance

28 October, 2022

Flipkart's loss widens 51% to Rs 4,362 cr in FY22

Flipkart Internet Pvt. Ltd, which operates the e-commerce marketplace, recorded a 31% year-on-year jump in its revenues to Rs 10,659 ......