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VC firms to slash bonuses, moderate salary hikes as deal flow slows

Finance

10 April, 2023

VC firms to slash bonuses, moderate salary hikes as deal flow slows

Venture capital funds are resorting to hefty cuts in bonuses and may offer annual salary hikes of no more than ......

Blume Ventures elevates two senior execs to investment partners

People

20 March, 2023

Blume Ventures elevates two senior execs to investment partners

Early-stage venture capital firm Blume Ventures, which has backed more than 150 startups including Spinny, Slice, Grey Orange, Turtlemint, Carbon ......

Turtlemint's arm snaps up Bengaluru insurtech firm in debut deal

Finance

24 February, 2023

Turtlemint's arm snaps up Bengaluru insurtech firm in debut deal

Turtlefin, the software-as-a-service (SaaS) platform of insurtech startup Turtlemint, on Friday inked its maiden deal by acquiring a Bengaluru-based insurtech ......

‘Fintech stays among top-funded sectors despite investment dip'

TMT

19 January, 2023

‘Fintech stays among top-funded sectors despite investment dip'

Funding across India’s fintech space almost halved in 2022 due to decline in late-stage funding activity throughout the year. However, ......

A91-backed Exotel lays off employees

TMT

19 January, 2023

A91-backed Exotel lays off employees

Exotel, a business-to-business (B2B) customer engagement platform, has laid off employees joining a list of domestic and global companies that ......

B2B wholesale firm ApnaKlub marks final close of Series A round at $16 mn

TMT

12 January, 2023

B2B wholesale firm ApnaKlub marks final close of Series A round at $16 mn

Octopolis Technologies Pvt Ltd, which runs business-to-business (B2B) wholesale platform Apnaklub, on Thursday said it has marked the final close ......

Blume backs healthcare-focused startup Virohan in pre-Series B1

Consumer

09 January, 2023

Blume backs healthcare-focused startup Virohan in pre-Series B1

Virohan, a platform that offers healthcare-related educational courses and training, on Monday announced that it has raised $7 million (about ......

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Purplle looking at profitability in two years

TMT

09 January, 2023

Purplle looking at profitability in two years

Online beauty products retailer Purplle, run by Manash Lifestyle Pvt. Ltd, is aiming to become profitable in the next two ......

ElectricPe taps GFC, Blume Ventures, others in pre-Series A round

Consumer

05 January, 2023

ElectricPe taps GFC, Blume Ventures, others in pre-Series A round

Wattapp Technologies Pvt Ltd, which runs electric vehicle charging startup ElectricPe, on Thursday said it has secured pre-Series A funding ......

Uolo acquires edtech coding platform Tekie

TMT

04 January, 2023

Uolo acquires edtech coding platform Tekie

B2B edtech platform Uolo, on Wednesday announced the acquisition of coding tutoring platform Tekie for an undisclosed sum. The transaction ......