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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 ......

More pink slips at Vedantu; 385 staff fired

People

07 December, 2022

More pink slips at Vedantu; 385 staff fired

Tiger Global-backed Vedantu has laid off 385 employees or 11.6% of its workforce in a fourth round of firings this ......

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Moglix in talks to raise $100-150 mn

Consumer

06 December, 2022

Moglix in talks to raise $100-150 mn

Moglix, a business-to-business (B2B) e-commerce platform, is in talks to raise $100-$150 million from new and existing investors, said three ......

BharatPe sees multiple CXO exits

Finance

28 November, 2022

BharatPe sees multiple CXO exits

Three senior executives have resigned from BharatPe, two people aware of the matter told Mint. Vijay Aggarwal, chief technology officer; ......

Koo fetches $6 million as a part ongoing round

TMT

25 November, 2022

Koo fetches $6 million as a part ongoing round

Indigenous microblogging platform Koo has received Rs 51.08 crore ($6.3 million) as a part of its ongoing round, according to ......

Groww FY22 profit rises 2.5x

Finance

10 November, 2022

Groww FY22 profit rises 2.5x

Online investing platform Groww posted over 2.5x growth in its net profit for the FY22 to Rs 6.8 crore from ......