Dream11
TMT
How India's top-funded startups curbed cash burn as VC funding slowed
India’s top-funded startups reduced their average monthly cash burn rate in the financial year ended March 2023, as they reined ......
TMT
Indian startups' income from VC cash lying in bank deposits, mutual funds jumps again
India’s top technology startups generated high non-operating revenue for the second year in a row during the 12 months through ......
TMT
India's top-funded tech startups reined in FY23 losses as revenue growth slowed
India's top-funded technology startups, which went overboard with expenses to attract talent and customers in 2021-22 thanks to record venture ......
General
Grapevine: Oyo in talks with Apollo Global to refinance loan; Dream11 buys Sixer
Hospitality firm Oyo Hotels and Rooms, operated by Oravel Stays Pvt Ltd, is in discussions with a US-based alternative asset manager to refinance a $660-million loan, a ......
General
Grapevine: Tiger Global-backed Dream11 gets $3 bn tax notice; Akums plans IPO
The Directorate General of GST Intelligence has issued pre-show cause notices to several online real money gaming companies, including fantasy ......
TMT
How top Indian startups raked it in from VC money parked in mutual funds, banks
Indian technology startups generated high non-operating revenue, or income from investment of surplus cash pumped in by investors in the ......
TMT
Jatin Paranjape's journey from cricket to scaling a sports startup
Even as a cricketer, Jatin Paranjape aspired to be a chartered accountant (CA). He believed he had a thing for numbers. ......
TMT
Indian gaming platforms sprint ahead despite regulatory, tax hurdles
A looming threat of bans and increased taxation may stem the growth of online gaming firms in India. These firms, ......
Finance
Deals Digest: Companies rack up $634 mn this week; CoinDCX, Rario fetch over $100 mn
Indian startups raised $634 million from VC and PE entities this week compared to $823 million in the preceding week, ......
TMT
Soonicorns: The 22 startups waiting in the wings to become unicorns in 2022
If last year saw India spawn 44 unicorns, or those startups with over $1 billion valuation, this year will see ......
