startups
TMT
Eruditus' Damera on scrapping $350 mn funding, breaking even and more
The past few months have seen edtech companies shift focus towards profitability, rationalization of spending, slowing ......
TMT
Decoding Infinity Learn's M&A thesis after three edtech acquisitions
Infinity Learn, part of the Hyderabad-based group Sri Chaitanya Educational Institutions, is looking to acquire ......
TMT
Invesco trims Swiggy's valuation in ‘March' again after slashing it to $5.5 bn
US-based Invesco has knocked down the value of its stake in foodtech unicorn Swiggy held through one of its investment ......
Manufacturing
Tiger Global-backed Groyyo nears $200 mn revenue rate, hits breakeven
Business-to-business (B2B) manufacturing and automation startup Groyyo is nearing a $200 million revenue rate, closing ......
TMT
Sequoia-backed Cuemath fires 100 employees; founder returns as CEO
Online math tutoring platform Cuemath has laid off 100 employees or nearly 12.5% of its 800-strong staff, becoming the ......
People
How this Jhunjhunwala pivoted Airpay, navigated a down round and turned a corner
A few months before the Covid-19 pandemic jolted businesses and economies worldwide in early 2020, Kunal Jhunjhunwala ......
TMT
Byju's CEO assures compliance after raids over alleged forex law violations
Indian education platform Byju's CEO is confident that the country's financial crime-fighting agency will find ......
TMT
How edtech startup ixamBee was valued in new funding round
Government jobs-focussed learning platform ixamBee, which counts Mumbai Angels and Jito Angel Network as its investors, ......
TMT
How Deepu Sebin co-created India's most profitable edtech venture
In 2018, a 21-year-old medical student, found out about an edtech platform from his seniors that they said helped them ......
TMT
Investcorp-backed FreshToHome explores acquisitions to expand scale
Meat and seafood delivery platform FreshToHome, which counts Amazon, Iron Pillar, and Investcorp as its investors, is ......