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Brace for more layoffs, recruiters say

TMT

17 May, 2022

Brace for more layoffs, recruiters say

The startup sector could let go of about 5,000 employees over the next couple of quarters as they face pressure ......

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Deals Digest: Companies raise $1.04 bn led by PE deals in healthcare & pharma

Finance

13 May, 2022

Deals Digest: Companies raise $1.04 bn led by PE deals in healthcare & pharma

Companies raised $1.04 billion in venture capital (VC) and private equity (PE) funding this week, nearly 54% higher than the ......

Swiggy to buy Times Internet-owned Dineout

TMT

13 May, 2022

Swiggy to buy Times Internet-owned Dineout

SoftBank-backed Swiggy agreed to acquire Times Internet-owned table booking platform Dineout in a deal valued at about $150 million, said ......

Swiggy's Supr Daily suspends operations in 5 cities

TMT

10 May, 2022

Swiggy's Supr Daily suspends operations in 5 cities

Food delivery platform Swiggy Tuesday said it is suspending operations of its subscription-based grocery delivery service, Supr Daily, in five ......

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Bessemer adds Web3 as new 'roadmap' for India investments

TMT

25 April, 2022

Bessemer adds Web3 as new 'roadmap' for India investments

Bessemer Venture Partners, which floated its first India-dedicated fund late last year after investing in the country for over a ......

BigBasket expands quick commerce to scale up 10-20 minutes delivery

Consumer

21 April, 2022

BigBasket expands quick commerce to scale up 10-20 minutes delivery

Joining the competition with the likes of Swiggy, Dunzo, Blinkit & Zepto, Tata Group-owned BigBasket is rapidly scaling up the quick commerce ......

Swiggy, Zomato, others invest $24 mn in Sequoia-backed UrbanPiper

TMT

18 April, 2022

Swiggy, Zomato, others invest $24 mn in Sequoia-backed UrbanPiper

UrbanPiper Technologies Pvt Ltd, a restaurant management platform, on Monday said it has racked up $24 million (around Rs 182.4 ......

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Deals Digest: Companies rack up $823 mn this week; Swiggy leads Rapido's $180 mn round

Finance

15 April, 2022

Deals Digest: Companies rack up $823 mn this week; Swiggy leads Rapido's $180 mn round

Companies raised $823 million funding from venture capital (VC) and private equity (PE) this week, as more than half of ......

Swiggy leads $180 mn round in bike taxi startup Rapido

TMT

15 April, 2022

Swiggy leads $180 mn round in bike taxi startup Rapido

Roppen Transportation Services Pvt Ltd, which operates bike taxi app Rapido, has secured $180 million in Series D funding round ......

Elevation Capital raises $670 mn for fifth India-focussed fund

TMT

08 April, 2022

Elevation Capital raises $670 mn for fifth India-focussed fund

Venture capital and growth-equity investment firm Elevation Capital(formerly SAIF Partners) has raised  $670 million (Rs 5,080 crore) for its fifth ......