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Tiger Global

Sequoia-backed SirionLabs cuts 130 jobs to realign biz

TMT

26 January, 2023

Sequoia-backed SirionLabs cuts 130 jobs to realign biz

SirionLabs has fired nearly 130 employees globally, becoming the latest in a series of technology companies to trim their workforce ......

Porter offers second ESOP liquidation worth $6 mn

Infrastructure

25 January, 2023

Porter offers second ESOP liquidation worth $6 mn

Intra-city logistics provider Porter has announced its second employee stock option (ESOP) liquidity plan worth Rs 50 crore (around $6.1 ......

Tiger Global, Mubadala-backed unicorn Innovaccer fires 15% staff

TMT

24 January, 2023

Tiger Global, Mubadala-backed unicorn Innovaccer fires 15% staff

Healthtech startup Innovaccer Inc, on Tuesday said it has laid off 245 employees or about 15% of its workforce, becoming ......

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‘We will likely double revenue this fiscal year'

Infrastructure

19 January, 2023

‘We will likely double revenue this fiscal year'

Moglix, a business-to-business (B2B) marketplace for industrial goods, aims to double its revenue this financial year as it continues to ......

Former BetterPlace exec joins Scaler to lead data science, ML ops

People

12 January, 2023

Former BetterPlace exec joins Scaler to lead data science, ML ops

Sequoia Capital-backed edtech firm Scaler on Thursday appointed Manish Pansari as the senior vice president to its data science and ......

BharatPe gets nod to become online payment aggregator

Finance

10 January, 2023

BharatPe gets nod to become online payment aggregator

Fintech unicorn BharatPe has received an in-principle approval from the Reserve Bank of India (RBI) to operate as a payment ......

Moglix lays off up to 3% workforce

People

05 January, 2023

Moglix lays off up to 3% workforce

Business-to-business (B2B) e-commerce unicorn Moglix has laid off 30-40 employees, joining a large group of Indian startups that have slashed ......

Byju's to expand tuition centres with eye on profitability in 2023

TMT

30 December, 2022

Byju's to expand tuition centres with eye on profitability in 2023

Edtech decacorn Byju’s will ramp up and open over 250 new tuition centres on setting up more physical tuition centres ......

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Amid funding winter, Sequoia, Accel lead VC investments

Finance

26 December, 2022

Amid funding winter, Sequoia, Accel lead VC investments

Sequoia Capital led venture capital investments in India in 2022, completing 71 deals as of November, although it was 30% ......

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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 portion of their ......