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Layoffs at startups continue in 2023 amid funding winter

TMT

18 January, 2023

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 ......

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Funding value drops as early-stage deals lead in ecosystem this week

Finance

13 January, 2023

Funding value drops as early-stage deals lead in ecosystem this week

Venture capital and private equity funding activity remained subdued in terms of value this week, as early-stage funding......

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Groww makes investment in fintech startup Digio

Finance

12 January, 2023

Groww makes investment in fintech startup Digio

Online investing unicorn Groww has made a strategic investment in a software-as-a-service (SaaS)-based fintech startup, ......

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Early backers look to sell stakes in Byju's

Finance

10 January, 2023

Early backers look to sell stakes in Byju's

Byju’s early investors, including Lightspeed Investment Partners and Chan Zuckerberg, are seeking buyers for their ......

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‘Chiratae Ventures to bet on startups with potential to grow globally'

TMT

10 January, 2023

‘Chiratae Ventures to bet on startups with potential to grow globally'

Chiratae Ventures India, an early backer of Lenskart, Myntra and FirstCry, aims to focus on deeptech startups and which ......

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Startups primary choice for job hunters despite 'winter'

People

09 January, 2023

Startups primary choice for job hunters despite 'winter'

The startup sector remains the top draw for job-hunting candidates despite the recent turmoil. High pay packages, stock ......

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Gaming firm Fantasy Akhada to sell majority stake in GMR Sports

TMT

05 January, 2023

Gaming firm Fantasy Akhada to sell majority stake in GMR Sports

Fantasy gaming startup Fantasy Akhada is in talks to sell a significant stake to GMR Sports, a GMR Group entity, ......

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SarvaGram seeks to raise up to $40 mn in fresh fundraise

TMT

03 January, 2023

SarvaGram seeks to raise up to $40 mn in fresh fundraise

Maharashtra-based lender SarvaGram Fincare Pvt. Ltd, which caters to credit requirements of rural households, is raising......

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Stakeholders sight new startup sector after geospatial policy

TMT

02 January, 2023

Stakeholders sight new startup sector after geospatial policy

The National Geospatial Policy, 2022, notified last week, can help India develop a private startup ecosystem, industry ......

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Focus on profitability, consolidation to continue in 2023, VCs say

People

01 January, 2023

Focus on profitability, consolidation to continue in 2023, VCs say

The pains for startups, after a tumultuous 2022, are expected to get worse as we hop into the new year.  In ......

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