Unicorn
Consumer
Lenskart snaps up Japanese brand in its debut global M&A deal
Leading eyewear unicorn Lenskart has picked up a controlling stake in Japanese direct-to-consumer (D2C) eyewear brand Owndays,...
TMT
Byju's fires Toppr staff to cut costs, integrate units
Edtech decacorn Byju’s has asked around 300 employees to resign, as it finds ways to cut costs and streamline its ......
Finance
Razorpay elevates co-founder, ropes in Amazon exec as new CTO
Digital payments and financial services provider Razorpay on Tuesday announced a new role for co-founder Shashank Kumar as the...
TMT
Byju's gets 2-month extension to pay Aakash shareholders
Edtech decacorn Byju’s has sought and received a 2-month extension on some payments that were due to Blackstone and the...
Finance
Crypto unicorn Coinswitch appoints new chief financial officer
Crypto trading platform Coinswitch has appointed Ramesh Bafna as chief financial officer, in a bid to further bolster its senior...
People
B2B player Udaan fires 180 employees
B2B unicorn Udaan has fired 180 executives as part of cost rationalisation, a person familiar with the development said. The...
Consumer
Zomato to acquire Blinkit for $569 mn
Online food aggregator and delivery platform Zomato on Friday said its board has agreed to acquire quick commerce startup Blinkit...
Finance
Deals Digest: Companies raise $802 mn this week; LeadSquared enters unicorn club
Companies raised $802 million in venture capital (VC) and private equity (PE) funding this week, nearly 27% more than last ......
Finance
Byju's, Oyo-backer Lightspeed gears up to raise 4th India-focused fund
Lightspeed, known for its bets on Byju’s, Oyo Rooms and ShareChat, has kickstarted the process to raise its new India-focused...
Finance
Cashify raises $90 mn from NewQuest, Prosus and others
Online used-phone seller Cashify has raised $90 million (₹702 crore) in its Series E funding round led by new investors ......