TMT

Explore news, startup funding, sector trends, and policy updates transforming the technology, media, and telecom landscape in India.

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Eruditus' Damera on scrapping $350 mn funding, breaking even and more

TMT

09 May, 2023

Eruditus' Damera on scrapping $350 mn funding, breaking even and more

The past few months have seen edtech companies shift focus towards profitability, rationalization of spending, slowing ......

TMT

09 May, 2023

Early-stage startups Zyngo, GenWorks Health, Slick secure funding

Electric vehicle (EV) logistics firm Zyngo, medtech startup GenWorks Health and social media platform Slick have raised ......

Premium

TMT

09 May, 2023

Decoding Infinity Learn's M&A thesis after three edtech acquisitions

Infinity Learn, part of the Hyderabad-based group Sri Chaitanya Educational Institutions, is looking to acquire ......

TMT

08 May, 2023

Blackstone's delisting of R Systems fails amid low investor interest

Blackstone Inc's delisting offer for India's R Systems International Ltd was unsuccessful as the U.S. investment......

Premium

TMT

08 May, 2023

Invesco trims Swiggy's valuation in ‘March' again after slashing it to $5.5 bn

US-based Invesco has knocked down the value of its stake in foodtech unicorn Swiggy held through one of its investment ......

Premium

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 ......

TMT

08 May, 2023

Early-stage startups Fundly, Sugar Watchers, Meet7 raise funding

Fintech startup Fundly.ai, fast-moving consumer goods (FMCG) brand Sugar Watchers and dating application Meet7 have ......

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 ......

TMT

08 May, 2023

Sequoia-backed Cuemath fires 100 employees; founder returns as CEO

Online math tutoring platform Cuemath has laid off 100 employees or nearly 12.5% of its 800-strong staff, becoming the ......

TMT

05 May, 2023

Proptech startup PropertyPistol secures Series A funding round

Proptech startup PropertyPistol said Friday it has secured $5.5 million (Rs 45 crore) in a Series A funding round ...

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