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Fairfax-backed Digit Insurance mulls raising $500 mn via IPO, eyeing valn of $5 bn

Finance

25 May, 2022

Fairfax-backed Digit Insurance mulls raising $500 mn via IPO, eyeing valn of $5 bn

Go Digit General Insurance-operated Digit Insurance, backed by Canadian billionaire Prem Watsa's Fairfax Group, is considering...

Edtech startup Jovian raises capital from Y Combinator, others

TMT

24 May, 2022

Edtech startup Jovian raises capital from Y Combinator, others

SwiftAce Inc, which runs the data science and machine learning-focused ed-tech startup Jovian, on Tuesday said it has raised...

Zomato's net loss widens in Q4, gross order value at record high

Finance

23 May, 2022

Zomato's net loss widens in Q4, gross order value at record high

Ant Group-backed food aggregator Zomato Ltd reported a net loss of Rs 359.7 crore for the quarter-ended March versus a ......

Unacademy moves to monthly vesting of ESOPS

TMT

23 May, 2022

Unacademy moves to monthly vesting of ESOPS

Edtech unicorn Unacademy has moved to monthly vesting of its employee stock option plans (ESOPs), tweeted Co-Founder and Chief...

Skincare brand RAS Luxury Oils raises fresh capital from Sixth Sense Ventures

Consumer

23 May, 2022

Skincare brand RAS Luxury Oils raises fresh capital from Sixth Sense Ventures

Ras Beauty Pvt. Ltd, which operates beauty and personal care (BPC) brand RAS Luxury Oils, on Monday said it has ......

After Vedantu, now used cars platform Cars24 asks 600 employees to go

TMT

19 May, 2022

After Vedantu, now used cars platform Cars24 asks 600 employees to go

Cars24 Services Ltd has asked 600 employees to leave, a person familiar with the development said, even as the used ......

Fintech unicorn Slice launches UPI payments feature

TMT

19 May, 2022

Fintech unicorn Slice launches UPI payments feature

With an aim to become a payments-first company from being a credit-only company, fintech unicorn Slice, operated by GaragePreneurs Pvt....

BharatPe launches new investment platform for merchants

Finance

18 May, 2022

BharatPe launches new investment platform for merchants

Fintech unicorn BharatPe has launched an investment platform for its merchant partners which will enable RBI-regulated entities...

Analysis: Zombie unicorns - Indian startups go from feast to famine

Finance

18 May, 2022

Analysis: Zombie unicorns - Indian startups go from feast to famine

The valuation of Meesho, the Indian e-commerce rival of retail giant Amazon, more than doubled last year to $5 billion, ......

Vedantu lays off 7% of its staff

TMT

18 May, 2022

Vedantu lays off 7% of its staff

Vedantu Innovation Pvt. Ltd, which operates a live tutoring platform, is laying off 424, or 7% of its total workforce ......

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