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Startups, tech firms cut 20,000 jobs in six months

Infrastructure

10 February, 2023

Startups, tech firms cut 20,000 jobs in six months

Tech and startup companies continue to lay off employees citing over-hiring, cost pressures and funding challenges. Over the next six ......

Cred's Kunal Shah lays out medium-term roadmap as losses mount

TMT

10 February, 2023

Cred's Kunal Shah lays out medium-term roadmap as losses mount

Fintech unicorn Cred is focusing on improving monetization from its existing users as its losses accumulated to over Rs 1,279.6 ......

Acceldata snags $50 mn from March Capital, others

TMT

09 February, 2023

Acceldata snags $50 mn from March Capital, others

Data observability platform Acceldata on Thursday said it has secured Series C funding of $50 million (around Rs 400 crore) ......

Turno raises $13.8 mn from B Capital, Quona, others

TMT

09 February, 2023

Turno raises $13.8 mn from B Capital, Quona, others

Commercial electric vehicle startup Turno on Thursday said it has secured Series A funding of $13.8 million (around Rs 112 ......

Flipkart gets interim HC relief over ₹1,100 cr tax demand

TMT

08 February, 2023

Flipkart gets interim HC relief over ₹1,100 cr tax demand

Walmart Inc-backed Flipkart on Wednesday won interim relief over a tax demand of more than ₹1,100 crore for assessment years ......

Paytm's loan distribution business jumps four-fold in Jan

Finance

08 February, 2023

Paytm's loan distribution business jumps four-fold in Jan

Fintech startup Paytm on Wednesday said its loan distribution business witnessed four-fold growth in January over the same period last ......

TenderCuts' new venture seeks to tap local meat shops

TMT

08 February, 2023

TenderCuts' new venture seeks to tap local meat shops

Chennai-based GFM Retail Pvt Ltd, which runs meat and seafood startup TenderCuts, has launched its new venture HappyChops to enable ......

Lendingkart acquires Upwards for retail foray

Finance

08 February, 2023

Lendingkart acquires Upwards for retail foray

Fintech startup Lendingkart Technologies Pvt. Ltd has acquired retail lender Upwards Fintech to offer personal loans to small businesses. The deal, ......

Creator tech firm Animeta taps media execs

TMT

08 February, 2023

Creator tech firm Animeta taps media execs

Rajesh Kamat, managing director of KKR-backed Emerald Media, and Den Networks founder and serial media entrepreneur Sameer Manchanda, have invested ......

Bessemer, SIG co-lead $25 mn investment in Entropik

TMT

08 February, 2023

Bessemer, SIG co-lead $25 mn investment in Entropik

Software-as-a-service platform Entropik Technologies Pvt Ltd has raised Series B funding of $25 million (around Rs 207 crore) co-led by ......