startups
TMT
Urban Company turns operationally profitable, set to cross Rs 1,000 crore revenue in FY25
Prosus-backed Urban Company, which provides homes services, said Wednesday it turned operationally profitable in the quarter ended June 30, 2024. Urban ......
Economy
Budget 2024: Startups get a boost as govt scraps angel tax
Finance Minister Nirmala Sitharaman on Tuesday proposed to abolish angel tax for investors in the Union Budget for 2024-25, addressing ......
TMT
Byju's founder Raveendran faces reckoning as startup implodes
Byju Raveendran, an Indian mathematics whiz who soared from teacher to startup billionaire before his education-technology company imploded this year, ......
TMT
Byju's faces total shutdown if insolvency proceeds, says founder Byju Raveendran
Insolvency proceedings against ed-tech giant Byju's, once India's biggest startup valued at $22 billion, will likely force thousands of employees ......
TMT
Swiggy investor keeps valuation unchanged ahead of IPO as Zomato retains rich tag
Food delivery firm Swiggy, which is set to file for a potential public offering after re-entering the decacorn club of startups earlier this ......
Finance
Excitel co-founder, others float J&K-focused startup fund
Internet services provider Excitel’s co-founder Vivek Raina along with six other startup executives have floated an early-stage incubator fund, which ......
Manufacturing
OTT platform Planet Marathi, two others raise early-stage funding
OTT platform Planet Marathi, consumer electronics maker Circuit House Technologies and proptech startup Jugyah raised early-stage funding, the companies said ......
Consumer
The Sleep Company's topline doubles in FY24, aims at EBITDA breakeven this fiscal
Omnichannel mattress company The Sleep Company more than doubled its net sales in the last fiscal, ending the year with ......
TMT
BlackBuck gets a valuation markdown ahead of IPO as it divests key revenue generator
BlackBuck, which entered the haloed club of technology unicorns (startups valued at $1 billion or more) during 2021 when venture ......
TMT
Tiger Global-backed Koo to shut down after partnership talks fail
Indian social media platform Koo is discontinuing its services, its top boss said in a social media post. "Our partnership talks ......