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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 ......
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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
Early-stage venture capital deals led startup investment activity in the Middle East and North Africa (MENA) region this week. Key ......
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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 ......
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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
Turkven, a Turkish private equity firm that backs mid-sized companies and manages assets worth over $2 billion, has acquired a ......
Healthcare
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 ......
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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 ......
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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 ......
People
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 ......