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Deals Digest: Startup funding value halves this week; M&A picks up pace

TMT

31 March, 2023

Deals Digest: Startup funding value halves this week; M&A picks up pace

The total value of private equity and venture capital deals in India almost halved this week from the previous five-day ......

Temasek injects fresh capital into upGrad

TMT

29 March, 2023

Temasek injects fresh capital into upGrad

UpGrad Education Pvt Ltd, which runs the edtech platform upGrad, has raised Rs 300 crore (around $36.4 million) in an ......

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How top Indian startups raked it in from VC money parked in mutual funds, banks

TMT

27 March, 2023

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 ......

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Temasek strikes 5x in India exit move

Consumer

21 March, 2023

Temasek strikes 5x in India exit move

Singapore state investment firm Temasek Holdings, which has been on a hectic investment as well as exit activity in India ......

Grapevine: PE fund, strategic buyers eye Birla Tyres; upGrad lays off staff at unit

General

06 March, 2023

Grapevine: PE fund, strategic buyers eye Birla Tyres; upGrad lays off staff at unit

Birla Tyres, a Kesoram Industries Ltd company, has received expressions of interest from at least five entities including the India ......

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Deals Digest: Mid, small cheques shine in tepid funding week

TMT

24 February, 2023

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 ......

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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 ......

Unacademy arm Relevel to cut 40 jobs as part of ops rejig

TMT

11 January, 2023

Unacademy arm Relevel to cut 40 jobs as part of ops rejig

Edtech unicorn Unacademy will be letting go of 20% workforce from its subsidiary Relevel as the parent entity plans to ......

Mohan quits as upGrad CEO amid edtech pain

People

10 January, 2023

Mohan quits as upGrad CEO amid edtech pain

Upskilling unicorn upGrad’s chief executive officer Arjun Mohan has resigned after a nearly three-year stint, underscoring growing stress on edtech ......

Mohan quits as upGrad CEO amid edtech pain

People

10 January, 2023

Mohan quits as upGrad CEO amid edtech pain

Upskilling unicorn upGrad’s chief executive officer Arjun Mohan has resigned after a nearly three-year stint, underscoring growing stress on edtech ......