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The rise and rise of quick commerce, but where's the profitability?

Finance

15 February, 2023

The rise and rise of quick commerce, but where's the profitability?

Addicted to laziness. That’s how Vidhi Maheshwari describes herself. It’s easy to see why. Recently, the digital media professional from ......

Venture Catalysts, TSM, others back education financier Lorien

TMT

14 February, 2023

Venture Catalysts, TSM, others back education financier Lorien

Education loan provider Lorien Finance has raised seed funding of $1.8 million (around Rs 14.8 crore) led by Venture Catalysts.  The ......

Lentra enters SE Asia to boost lending play

TMT

14 February, 2023

Lentra enters SE Asia to boost lending play

HDFC Bank-backed lending software provider Lentra has forayed into Southeast Asian markets with an aim to achieve annual recurring revenue ......

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HackerEarth lays off 8% workforce

TMT

13 February, 2023

HackerEarth lays off 8% workforce

HR tech startup HackerEarth has laid off close to 17 employees, or 8% of its base, while management is taking ......

Penta Esports parent gets infusion from nCore Games

TMT

13 February, 2023

Penta Esports parent gets infusion from nCore Games

Newgen Gaming, which runs esports brand Penta Esports, on Monday said it has secured $1 million (Rs 8.2 crore) from ......

President calls India third largest startup ecosystem in the World

TMT

13 February, 2023

President calls India third largest startup ecosystem in the World

India has the third largest startup ecosystem in the World and educational institutions, especially universities and technical educational institutions, should ......

IdeaForge files for IPO; Celesta, Qualcomm, Exim plan partial exit

Finance

13 February, 2023

IdeaForge files for IPO; Celesta, Qualcomm, Exim plan partial exit

Drone maker ideaForge has filed its draft red-herring prospectus (DRHP) with capital market regulator Securities and Exchange Board of India ......

SIG, Exfinity, others write $11 mn cheque to Rezolve

TMT

10 February, 2023

SIG, Exfinity, others write $11 mn cheque to Rezolve

Artificial intelligence-backed employee service desk platform Rezolve on Friday said it has secured Series A funding of $11 million (around ......

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Startups, tech firms cut 20,000 jobs in six months

Infrastructure

10 February, 2023

Startups, tech firms cut 20,000 jobs in six months

Tech and startup companies continue to lay off employees citing over-hiring, cost pressures and funding challenges. Over the next six ......

Cred's Kunal Shah lays out medium-term roadmap as losses mount

TMT

10 February, 2023

Cred's Kunal Shah lays out medium-term roadmap as losses mount

Fintech unicorn Cred is focusing on improving monetization from its existing users as its losses accumulated to over Rs 1,279.6 ......