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More pink slips at Vedantu; 385 staff fired

People

07 December, 2022

More pink slips at Vedantu; 385 staff fired

Tiger Global-backed Vedantu has laid off 385 employees or 11.6% of its workforce in a fourth round of firings this ......

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Moglix in talks to raise $100-150 mn

Consumer

06 December, 2022

Moglix in talks to raise $100-150 mn

Moglix, a business-to-business (B2B) e-commerce platform, is in talks to raise $100-$150 million from new and existing investors, said three ......

BharatPe sees multiple CXO exits

Finance

28 November, 2022

BharatPe sees multiple CXO exits

Three senior executives have resigned from BharatPe, two people aware of the matter told Mint. Vijay Aggarwal, chief technology officer; ......

Koo fetches $6 million as a part ongoing round

TMT

25 November, 2022

Koo fetches $6 million as a part ongoing round

Indigenous microblogging platform Koo has received Rs 51.08 crore ($6.3 million) as a part of its ongoing round, according to ......

Groww FY22 profit rises 2.5x

Finance

10 November, 2022

Groww FY22 profit rises 2.5x

Online investing platform Groww posted over 2.5x growth in its net profit for the FY22 to Rs 6.8 crore from ......

Apna's growing costs offset jump in revenue for FY22

Finance

03 November, 2022

Apna's growing costs offset jump in revenue for FY22

Tiger Global-backed jobs platform Apna's net loss widened significantly even as the company reported a 2.7x jump in its revenue ......

Tiger Global-backed Chargebee lays off employees

TMT

03 November, 2022

Tiger Global-backed Chargebee lays off employees

Chargebee, which operates a software-as-a-service (Saas) based subscription management platform, has become the latest Indian unicorn to lay off employees ......

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Walmart will boost Flipkart with $3 bn to challenge rivals

TMT

26 October, 2022

Walmart will boost Flipkart with $3 bn to challenge rivals

Flipkart, the e-commerce platform operated by Walmart Inc., is considering raising $2-3 billion at a valuation of more than $40 ......

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Infra.Market to acquire building materials company by next quarter

TMT

18 October, 2022

Infra.Market to acquire building materials company by next quarter

Hella Infra Market Pvt. Ltd, which runs an on-demand construction materials marketplace Infra.Market, is acquiring a building materials company as ......

V-Mart Retail acquire Tiger Global-backed LimeRoad

TMT

17 October, 2022

V-Mart Retail acquire Tiger Global-backed LimeRoad

Mumbai-listed value retail chain V-Mart Retail Ltd has signed a definitive agreement to acquire LimeRoad, a social commerce platform, in ......