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Sequoia-backed fintech ProgCap adding another lending layer; hits breakeven

Finance

22 February, 2023

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 ......

Zomato presses for home-style meals in a revival push

TMT

22 February, 2023

Zomato presses for home-style meals in a revival push

Zomato on Wednesday rolled out a new offering under which the food aggregator will deliver its users affordable and home-cooked ......

Bike taxis continue to ply in Delhi, despite ban

TMT

22 February, 2023

Bike taxis continue to ply in Delhi, despite ban

Even as Delhi government’s transport department has asked app-based aggregators Ola, Uber and Rapido to stop their operation of motorbike ......

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How investors from smaller cities are jumping in to back startups

TMT

22 February, 2023

How investors from smaller cities are jumping in to back startups

Three years ago, Kanpur-based Aakash Goenka, who runs spices and masala company Shubham Goldiee Masale, was searching for anti-counterfeiting solutions ......

Accel, Square Peg, others back SaaS firm Chronicle

TMT

21 February, 2023

Accel, Square Peg, others back SaaS firm Chronicle

ChronicleHQ Inc, which operates software-as-a-service (SaaS) presentation platform Chronicle, has raised $7.5 million (around Rs 62.09 crore) in a seed ......

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Unicorn upGrad eyes EBITDA profitability next fiscal

Finance

21 February, 2023

Unicorn upGrad eyes EBITDA profitability next fiscal

Ronnie Screwvala-led upskilling unicorn upGrad is aiming to turn operationally profitable in the next fiscal even as the company looks ......

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Sequoia, Accel may co-lead investment in ApnaMart

Finance

21 February, 2023

Sequoia, Accel may co-lead investment in ApnaMart

Neighbourhood supermart chain ApnaMart, run by Fleet Labs Technologies Pvt. Ltd, is looking to raise $17-20 million in a Series ......

AdmitKard raises Rs 50 cr in Series A

TMT

20 February, 2023

AdmitKard raises Rs 50 cr in Series A

College admissions startup AdmitKard has raised Rs 50 crore ($6 million) in Series A funding, led by global edtech investor ......

Shobitam makes maiden bet with House of Blouse

Consumer

20 February, 2023

Shobitam makes maiden bet with House of Blouse

Ethnic wear brand Shobitam has marked its first acquisition with apparel brand House of Blouse to strengthen its product offerings.  However, ......

Twitter continues layoffs, this time across sales: Report

TMT

20 February, 2023

Twitter continues layoffs, this time across sales: Report

Microblogging platform Twitter has sacked more employees in a fresh round of layoff, reported a news website The Information. To ......