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Paytm can hit EBITDA profitability by March 2023: Goldman Sachs

Finance

17 January, 2023

Paytm can hit EBITDA profitability by March 2023: Goldman Sachs

Fintech major Paytm may hit adjusted Ebitda (earnings before interest, taxes, depreciation, and amortization) ......

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GAW, CapitaLand eye majority stake in renewables firm CleanMax

Infrastructure

17 January, 2023

GAW, CapitaLand eye majority stake in renewables firm CleanMax

Hong Kong-based investor GAW Capital Partners and Singapore’s CapitaLand Investment Ltd, among others, are looking at ......

Microsoft picks up strategic stake in Darwinbox

TMT

17 January, 2023

Microsoft picks up strategic stake in Darwinbox

Technology giant Microsoft has picked a strategic stake in Darwinbox by investing an undisclosed sum in the Hyderabad-......

SheerDrive fetches funding in round led by Jito Angel Network

TMT

16 January, 2023

SheerDrive fetches funding in round led by Jito Angel Network

Used cars platform SheerDrive has raised an undisclosed amount in a pre-Series A round led by Jito Angel Network. The ......

Sequoia-backed Rebel Foods fires 2% of workforce

Finance

16 January, 2023

Sequoia-backed Rebel Foods fires 2% of workforce

Cloud kitchen brand Rebel Foods which operates Faasos, Behrouz Biryani and Oven Story Pizza has sacked close to 2% of ......

Google-backed Dunzo fires 3% staff

Consumer

16 January, 2023

Google-backed Dunzo fires 3% staff

Google-backed delivery platform Dunzo has laid off 3% of its workforce last week citing restructuring, joining the long ......

Lighthouse Canton marks 1st close of debt fund at ₹155 cr

Finance

16 January, 2023

Lighthouse Canton marks 1st close of debt fund at ₹155 cr

Singapore-based investor Lighthouse Canton has marked the first close of its maiden venture debt fund focused on Indian startups, at ......

Google-backed ShareChat lays off 20% staff

People

16 January, 2023

Google-backed ShareChat lays off 20% staff

ShareChat, a short video-sharing platform backed by Google and Temasek, said on Monday it let go of around 20% of ......

 Mt. K Kapital snags ₹350 cr from SBI, Rustomjee, others

Infrastructure

16 January, 2023

Mt. K Kapital snags ₹350 cr from SBI, Rustomjee, others

Real estate-focused fund management company Mt K Kapital has secured Rs 350 crore (around $44 million) from anchor ......

Sequioa backed Klub extends credit to BluSmart, Hero Electric, others

Finance

16 January, 2023

Sequioa backed Klub extends credit to BluSmart, Hero Electric, others

Revenue-based financing platform Klub on Monday said it has extended credit up to Rs 50 crore (around $6 million) to ......

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