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