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Lightspeed-backed edtech unicorn PhysicsWallah sinks deeper into the red in FY24

TMT

08 November, 2024

Lightspeed-backed edtech unicorn PhysicsWallah sinks deeper into the red in FY24

Edtech unicorn PhysicsWallah reported a wider loss for the financial year through March 2023, primarily due to non-cash expenses, despite ......

Venture studio BrahmVeda acquires astrology platform Vedvaani

TMT

08 November, 2024

Venture studio BrahmVeda acquires astrology platform Vedvaani

Surat-based AI-focused startup venture studio BrahmVeda has completed the acquisition of astrology platform Vedvaani in a cash-cum-equity swap deal, marking ......

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MENA Digest: Saudi Arabia's Mush Social, UAE's Brand IO raise early-stage funds

TMT

08 November, 2024

MENA Digest: Saudi Arabia's Mush Social, UAE's Brand IO raise early-stage funds

Early-stage venture capital deals led startup investment activity in the Middle East and North Africa (MENA) region this week. Key ......

C2i Semiconductors, 30 Sundays, Exoticamp secure early-stage cheques

TMT

08 November, 2024

C2i Semiconductors, 30 Sundays, Exoticamp secure early-stage cheques

Chip design startup C2i Semiconductors, travel agent 30 Sundays and Exoticamp secured early-stage funding, the companies said.   C2i Semiconductors  Tech focussed early-stage ......

Enforcement Directorate raids offices of sellers using Amazon, Flipkart platforms

TMT

07 November, 2024

Enforcement Directorate raids offices of sellers using Amazon, Flipkart platforms

India's financial crime agency has raided offices of some sellers operating Amazon and Walmart-owned Flipkart in an investigation into alleged ......

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PE firm Turkven acquires cloud services provider in third bet of 2024

TMT

07 November, 2024

PE firm Turkven acquires cloud services provider in third bet of 2024

Turkven, a Turkish private equity firm that backs mid-sized companies and manages assets worth over $2 billion, has acquired a ......

Nexstem, India IVF & Pulse get early-stage cheques; Wealthzi gets snapped

Healthcare

07 November, 2024

Nexstem, India IVF & Pulse get early-stage cheques; Wealthzi gets snapped

Startups Nexstem, India IVF and Pulse have raised early-stage funding, the companies said on Thursday. Nexstem Deeptech startup Nexstem has raised $3.5 ......

Blackstone-owned Simplilearn's revenue growth slips in FY24, EBITDA loss narrows

TMT

07 November, 2024

Blackstone-owned Simplilearn's revenue growth slips in FY24, EBITDA loss narrows

Blackstone-owned edtech startup Simplilearn’s revenue growth slipped to barely touch double digits in the financial year through March 2024, but the ......

Freshworks raises annual results forecast, to lay off 13% of staff

TMT

07 November, 2024

Freshworks raises annual results forecast, to lay off 13% of staff

Freshworks raised its annual revenue and profit forecasts on Wednesday after upbeat third-quarter results, helped by demand for its AI-driven ......

Truecaller names insider Rishit Jhunjhunwala as CEO

People

07 November, 2024

Truecaller names insider Rishit Jhunjhunwala as CEO

Swedish software company Truecaller said on Wednesday it has appointed Rishit Jhunjhunwala, the current chief of products as its new ......