Startups
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Mumbai Angels deploys Rs 100 cr across 56 bets; sees 18 exits in FY21-22
Investment platform Mumbai Angels Network, which has backed startups like Bambrew, BluSmart Mobility, Celsius, Legality and Jade...
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Behind Sequoia's alert to its portfolio firms on law firm Algo Legal
The unusual letter from venture capital major Sequoia India last week to its portfolio companies, severing business ties with...
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Edtech unicorn Eruditus follows Vedantu, Unacademy, sacks staff
Executive education platform Eruditus has laid off a section of its employee, joining other edtech unicorns such as Vedantu and...
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Fitch downgrades IPO-bound OYO's ratings over EBITDA profit uncertainty in FY23
Fitch Ratings has downgraded ratings of Oravel Stays Ltd, which owns and operates hospitality unicorn OYO Hotels and Homes to...
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Info Edge-backed Yojak lays off 60 full-time staff, shuts domestic biz
Bizcon Innovations Pvt. Ltd, which runs business-to-business (B2B) marketplace Yojak has shut down its India operations and laid...
People
Sequoia-backed Pankhuri elevates Pranay Shrivastava as CEO
Sequoia Capital-backed women-centric social community platform Pankhuri, owned and operated by RP Cube Pvt Ltd, has elevated Pranay...
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Live stream platform Eloelo fetches $13 mn in Series A round
Bengaluru-based Eloelo, a social commerce firm floated by former Flipkart executives, on Thursday said it has secured $13 million (around ......
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Israel-based startup Coralogix raises $142 mn, to expand India presence
Israel-based data software-as-a-service (SaaS) startup Coralogix, on Wednesday has raised $142 million in a Series D funding round...
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Dvara E-Dairy racks up pre-Series A capital from Axilor, Dvara Venture
Agri-fintech firm Dvara E-Dairy Solutions Pvt Ltd on Wednesday said it has raised pre-Series A funding of $2 million (around ......
TMT
Edtech firm Udayy shutters ops; to return funds to investors
Skorion Technologies Pvt Ltd, which runs learning platform Udayy, has shut down its operations and laid off entire workforce,...
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