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Spotlight: How funding delay, legal woes and layoffs are hampering UpScalio's growth story

TMT

08 May, 2023

Spotlight: How funding delay, legal woes and layoffs are hampering UpScalio's growth story

Sooner or later, every business faces a day of reckoning. For many consumer-focused startups, that day is now coming ......

Manufacturing

08 May, 2023

Tiger Global-backed Groyyo nears $200 mn revenue rate, hits breakeven

Business-to-business (B2B) manufacturing and automation startup Groyyo is nearing a $200 million revenue rate, closing ......

General

08 May, 2023

Grapevine: WestBridge invests in dairy brand; Blackstone to buy TPG stake in Care

Homegrown private equity firm WestBridge Capital, which has made some larger bets in the past including those in names ......

Infrastructure

08 May, 2023

Go First asks NCLT to urgently pass order on insolvency plea

Go Airlines (India) on Monday asked the country's company law tribunal to urgently pass an order on its insolvency ......

Infrastructure

05 May, 2023

Go First, lessors lock horns as bankruptcy hearings begin

Indian airline Go First's effort to start insolvency proceedings has become ensnared in a tussle with aircraft ......

General

05 May, 2023

Grapevine: Vedanta, Torrent eye Coastal Energen; Omega Seiki seeks PE funding

Power generation company Coastal Energen, which is undergoing an insolvency process, has attracted interests from a ......

TMT

05 May, 2023

SoftBank-backed Meesho trims 15% workforce

SoftBank-backed e-commerce platform Meesho has sacked 15% of its total workforce or nearly 251 employees, joining a long......

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Finance

04 May, 2023

Zydus promoters eye $200 mn from sale of private clinical research biz

Zydus Group is exploring the sale of its clinical research business, Cliantha Research Ltd, in a deal that could ......

General

03 May, 2023

JSW Steel USA plans to invest $145 mn to ramp-up US ops

JSW Steel Ltd on Wednesday said its subsidiary, JSW Steel USA, is set to invest $145 million in a series ......

Consumer

03 May, 2023

Bodhi Tree-backed Allen Institute hires former Marigold Park Capital exec as CEO

Test preparation centre Allen Career Institute, which counts Rupert Murdoch and Uday Shankar-backed Bodhi Tree Systems ......

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