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Freshworks lays off around 2% staff

People

16 December, 2022

Freshworks lays off around 2% staff

Nasdaq-listed software-as-a-service (SaaS) company Freshworks Inc has laid off 90 employees globally, or around 2% ......

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Lendingkart looks to return to profitability after two years

Finance

15 December, 2022

Lendingkart looks to return to profitability after two years

Lendingkart Group, which comprises small and micro enterprise (SME) lender Lendingkart Finance Ltd and fintech platform ......

Ramkrishna Forgings acquires 51% stake in EV-based startup

TMT

15 December, 2022

Ramkrishna Forgings acquires 51% stake in EV-based startup

Ramkrishna Forgings on Thursday said its board has approved the acquisition of up to 51% stake in Tsuyo Manufacturing, a......

Fintech player NeoGrowth raises $36.2 mn from FMO, others

Finance

15 December, 2022

Fintech player NeoGrowth raises $36.2 mn from FMO, others

MSME-focused digital lender, NeoGrowth has raised Rs 160 crore (around $19.3 million) from Dutch development bank FMO in......

'Startups to make up 4-5% of India's GDP in the next five years'

TMT

15 December, 2022

'Startups to make up 4-5% of India's GDP in the next five years'

With over 60,000 registered startups in India, the ecosystem has the potential to make about 4-5% contribution to the ......

Spacetech startup GalaxEye raises seed funding

Finance

15 December, 2022

Spacetech startup GalaxEye raises seed funding

Spacetech startup GalaxEye Space has raised a $3.5 million in a seed round led by deeptech-focused venture capital firm......

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Chargebee's backers eye exit at $1.5 bn valuation

TMT

15 December, 2022

Chargebee's backers eye exit at $1.5 bn valuation

Early-stage investors in Chargebee, a fintech-focused software as a service (SaaS) provider, are seeking to sell a ......

Open's loss up by 155% in FY22 with new product spending

Finance

15 December, 2022

Open's loss up by 155% in FY22 with new product spending

Open Financial Technologies Pvt. Ltd saw its losses rise by 155% to ₹167.6 crore in the last fiscal year from ......

DSG, IDEO invest $7.5 mn in Deepika's self-care brand

TMT

14 December, 2022

DSG, IDEO invest $7.5 mn in Deepika's self-care brand

82°E, a self-care brand co-founded by actor Deepika Padukone, on Wednesday said it has secured seed funding of $7.5 ......

'Agritech can see 8-10 unicorns in five years'

Infrastructure

14 December, 2022

'Agritech can see 8-10 unicorns in five years'

India’s agritech sector is likely to grow in scale and have 8-10 startups with more than a billion dollars in ......

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