Startup
TMT
Two investors knock down Byju's valuation to less than half
At least two investors of edtech major Byju’s have significantly marked down the value of their stake in the company, ......
TMT
How top Indian startups raked it in from VC money parked in mutual funds, banks
Indian technology startups generated high non-operating revenue, or income from investment of surplus cash pumped in by investors in the ......
TMT
India's top startups doubled revenue but lost $5 bn last year
Indian tech startups, which reined in their cash burn in 2020-21 as the Covid-19 pandemic disrupted businesses and forced companies ......
TMT
Deals Digest: SaaS steals the show as deal activity rebounds after losing steam
Startup funding activity gained ground in the last five days with small-sized companies pulling in the maximum number of cheques, ......
TMT
Mathew Cyriac's Florintree bets on fantasy sports startup
Florintree Advisors, a private investment firm floated by former Blackstone executive Mathew Cyriac, has invested in a fantasy sports platform ......
TMT
Startups hit by winter blizzard in February as deals sink to nine-year low
Angel investments and venture capital funding in the Indian startup ecosystem plummeted to a nine-year low last month, with one ......
TMT
Deals Digest: Mid, small cheques shine in tepid funding week
Even as the week saw mid and small-sized startups securing bulk of cheques, but there has been a slump in ......
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
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 ......
Finance
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 ......