Tiger Global
Finance
Sequoia-backed fintech ProgCap adding another lending layer; hits breakeven
Digital lending platform ProgCap, which counts among its backers Sequoia Capital, Tiger Global and Google and has been operating a ......
TMT
Deals Digest: Deal volume halves as funding slumps this week
Deal volume nearly halved as venture capital and private equity funding activity saw a slight dip this week. Besides, mergers ......
Finance
PhonePe raises additional $100 mn as part of $1 bn round
Walmart-owned digital payments platform PhonePe said it raised an additional $100 million in primary capital from Tiger Global, Ribbit Capital ......
TMT
Vedantu's losses widen on rising costs
Edtech unicorn Vedantu Innovation Pvt Ltd has widened its losses as the revenues jumped by 80%. The company’s losses increased ......
TMT
Nexus leads $7 mn Series A round in B2B firm CapGrid
Business-to-business (B2B) startup CapGrid Solutions Pvt Ltd on Monday said it has raised Series A funding of $7 million (around ......
TMT
Dealshare fires 6% staff amid structural rejig
Joining the long list of Indian startups that have been trimming their headcount to cut costs, grocery-focussed social commerce startup ......
Finance
BharatPe FY22 loss soars due to exceptional item
Fintech unicorn BharatPe posted a net loss of Rs 5,610.7 crore in the last fiscal, rising nearly 3.4x from the ......
TMT
Sequoia-backed SirionLabs cuts 130 jobs to realign biz
SirionLabs has fired nearly 130 employees globally, becoming the latest in a series of technology companies to trim their workforce ......
Infrastructure
Porter offers second ESOP liquidation worth $6 mn
Intra-city logistics provider Porter has announced its second employee stock option (ESOP) liquidity plan worth Rs 50 crore (around $6.1 ......
TMT
Tiger Global, Mubadala-backed unicorn Innovaccer fires 15% staff
Healthtech startup Innovaccer Inc, on Tuesday said it has laid off 245 employees or about 15% of its workforce, becoming ......
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