Moglix
TMT
Layoffs at startups continue in 2023 amid funding winter
Indian startups continued to lay off employees in 2023, with at least 11 tech startups firing 1,400 employees in the ......
TMT
Ola sacks employees post restructuring
Bengaluru-based cab aggregator platform Ola Cabs has laid off employees from some of its verticals as part of a ......
People
Moglix lays off up to 3% workforce
Business-to-business (B2B) e-commerce unicorn Moglix has laid off 30-40 employees, joining a large group of Indian ......
Consumer
Moglix in talks to raise $100-150 mn
Moglix, a business-to-business (B2B) e-commerce platform, is in talks to raise $100-$150 million from new and existing ......
TMT
Moglix acquires ADI's India distribution business
Tiger Global-backed industrial goods marketplace Moglix has acquired ADI Global Distribution’s India distribution ......
People
Accel will continue to make a third of fresh investments in Indian online marketplaces
Global venture capital firm Accel, an early investor in startups like Flipkart and Swiggy, will continue to place big ......
TMT
B2B platform Saveo raises funds at $50 mn valn
Bengaluru-based Saveo Healthtech Pvt Ltd, which operates a business-to-business e-commerce platform focused on ......
Finance
Moglix backer Jungle Ventures hits final close of fourth VC fund at $600 mn
Jungle Ventures, which counts Indian startup unicorns such as Moglix and Livspace as its investee companies, has marked the final...
TMT
Rocketship.vc sees no 'let up' in fintech deals; plans bets on space tech, Web3
Silicon Valley-based venture capital firm Rocketship.vc says it does not see any 'let up' in its interest around fintech...
TMT
B2B e-commerce unicorns may see rapid growth with rising demand from smaller towns, cities
India’s top four business-to-business (B2B) e-commerce marketplaces that registered robust revenue growth in the last financial...
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