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VC-backed Loantap makes key hires to beef up top management

Finance

28 June, 2022

VC-backed Loantap makes key hires to beef up top management

Digital lending platform Loantap, which offers loans and overdraft products to salaried professionals, has announced appointing...

Byju's-owned WhiteHat Jr lays off 300 employees to cut costs

People

28 June, 2022

Byju's-owned WhiteHat Jr lays off 300 employees to cut costs

Edtech giant Byju’s-owned kids-focused coding platform WhiteHat Jr has laid off around 300 employees globally as the industry...

Byju's gets 2-month extension to pay Aakash shareholders

TMT

28 June, 2022

Byju's gets 2-month extension to pay Aakash shareholders

Edtech decacorn Byju’s has sought and received a 2-month extension on some payments that were due to Blackstone and the...

Bertelsmann raises $500 mn for India, eyes early-stage investments

Finance

28 June, 2022

Bertelsmann raises $500 mn for India, eyes early-stage investments

Venture capital company Bertelsmann India Investments has announced an India-focused fund of $500 million.  Additionally,...

Crypto unicorn Coinswitch appoints new chief financial officer

Finance

28 June, 2022

Crypto unicorn Coinswitch appoints new chief financial officer

Crypto trading platform Coinswitch has appointed Ramesh Bafna as chief financial officer, in a bid to further bolster its senior...

Panthera Growth marks the first close of second $250 mn fund

TMT

28 June, 2022

Panthera Growth marks the first close of second $250 mn fund

Singapore-based Panthera Growth Partners (PGP) has announced the first close of its second fund after securing more than half...

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Sanjay Mehta-led 100X.VC to double down on early-stage bets this year

TMT

28 June, 2022

Sanjay Mehta-led 100X.VC to double down on early-stage bets this year

Early-stage backer 100X.VC is looking to double down on its investments in the current market scenario by increasing its average...

Google joins Progcap as new investor in its $40 mn round

Finance

28 June, 2022

Google joins Progcap as new investor in its $40 mn round

Google became the latest investor in SME-focused fintech Progcap after participating in the company’s Series C funding round...

B2B player Udaan fires 180 employees

People

27 June, 2022

B2B player Udaan fires 180 employees

B2B unicorn Udaan has fired 180 executives as part of cost rationalisation, a person familiar with the development said.   The...

Japan's SBI Holdings bets on B2B MSME marketplace Solv

TMT

27 June, 2022

Japan's SBI Holdings bets on B2B MSME marketplace Solv

Solv, a business-to-business digital marketplace for micro, small and medium enterprises (MSMEs), has raised $40 million (Rs 300...

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