Swiggy’s food delivery business turns profitable: CEO
New Delhi: Homegrown food aggregator Swiggy turned profitable as of March, paving way for food tech platforms that have for
Read More
Startups
BigBasket secures capex procurement ERP software from Zoho Corp
Technology company Zoho Corporation on Tuesday said it has implemented a custom-built capex procurement ERP software using Zoho Creator to
Read MoreTech startup Innovaccer cuts 245 global jobs, 50% in India
Health tech startup Innovaccer has sacked 245 employees globally, across departments, as it realigns the business and aims to increase efficiency,
Read More
IPO-bound PhonePe raises $350M at a valuation of $12B
Fintech giant PhonePe has raised $350 million in a new financing round led by General Atlantic at a pre-money valuation
Read More
GoMechanic founder admits to financial reporting errors, to lay off 70% of workforce
GoMechanic founder Amit Bhasin has admitted to financial reporting errors at the Sequoia-backed car repair startup and stated that the
Read More
Google-backed Dunzo lays off 3% of workforce in restructuring exercise
Groceries delivery player Dunzo is the latest to join the list of startups who are trimming their workforce, with the
Read More
Startup funding in India drops 33% to $24 bn in 2022: PwC India report
The funding for India’s startups dropped by 33 per cent to $24 billion in 2022 as compared to the previous
Read More
Startup Street: Energising work culture through offsites
The sheer novelty of new locations in an offsite and informal approach often help bring new thoughts, new angles to
Read More
Brick&Bolt raises $10 million in funding from Accel and Celesta Capital
Global venture capital firms Accel and Celesta Capital have led a $10-million funding round in Sequoia Capital-backed Brick&Bolt to fund the custom-build homes
Read More
BharatPe gets in-principle approval from RBI to operate as online payment aggregator
Fintech unicorn BharatPe has received an in-principle authorisation from the Reserve Bank of India (RBI) to operate as an online
Read More