Swiggy
TMT
More than half of startups plan a pivot to weather coronavirus crisis: Nasscom
More than half of the startups in the country are looking to pivot their businesses as they face unprecedented challenges ......
TMT
Swiggy lays off 1,100 employees as lockdown saps food delivery business
Food delivery company Swiggy said on Monday it is laying off 1,100 employees as the coronavirus pandemic and a nationwide ......
Markets
Sensex, Nifty plunge amid more signs of economic damage
Indian shares slipped on Monday as investors were unimpressed by the government's economic relief measures and coronavirus...
TMT
Zomato to lay off 13% staff, cuts pay as lockdown hurts delivery biz
Zomato Media Pvt. Ltd will lay off 13% of its workforce and slash the salaries of all its employees, as ......
TMT
Startups get creative as coronavirus crisis fuels funding crunch
Samik Sarkar was managing to eke a profit out of his online apparel store before the coronavirus crisis hit India, ......
TMT
Zomato targets push into alcohol deliveries to cash in on lockdown
Indian food delivery company Zomato aims to branch out into delivering alcohol, according to a document seen by Reuters, as ......
Finance
Fund Scan: How Norwest scored $1 bn in India exits as it readies new game plan
Last year, Norwest Venture Partners sealed a rare deal in India’s venture capital industry. The six-decade-old venture and...
TMT
How govt's curbs on takeovers will impact startup investments from China
Indian startups, which have received a heavy dose of capital from Chinese firms such as Alibaba, Tencent, Fosun and Shunwei ......
Consumer
Fingerlix bags fresh funding from existing investors in Series C round
Ready-to-cook food startup Fingerlix has raised nearly Rs 14 crore ($1.85 million at current exchange rates) in a fresh funding...
TMT
Swiggy, Zomato raise fresh funding as lockdown disrupts food delivery ops
Indian food delivery rivals Swiggy and Zomato have received fresh capital with the former raising as much as $43 million ......