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Ola's Bhavish Aggarwal to focus more on product, GR Arun to head routine ops

People

12 April, 2022

Ola's Bhavish Aggarwal to focus more on product, GR Arun to head routine ops

Bhavish Aggarwal, Founder and Group Chief Executive Officer of cab aggregator platform Ola, operated by ANI Technologies Pvt Ltd,...

Indian startups raised over $10 bn for third straight quarter: Report

TMT

11 April, 2022

Indian startups raised over $10 bn for third straight quarter: Report

Indian startups have raised over $10 billion for three consecutive quarters now, with the world’s third-largest startup...

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Startups find offshore, venture debt cheaper as volatility in equity fundraising increases

Finance

11 April, 2022

Startups find offshore, venture debt cheaper as volatility in equity fundraising increases

India’s cash guzzling startups, treading on high valuations following two consecutive years of aggressive equity fundraising,...

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Employees get jittery as BharatPe feud prolongs

Finance

08 April, 2022

Employees get jittery as BharatPe feud prolongs

There appears to be no end to the unsavoury slanging match between BharatPe's former managing director and founder Ashneer...

Ashneer Grover asks BharatPe board to send CEO Suhail Sameer on leave

People

08 April, 2022

Ashneer Grover asks BharatPe board to send CEO Suhail Sameer on leave

BharatPe co-founder Ashneer Grover has written a letter to the fintech startup's board asking for CEO Suhail Sameer to be...

Softbank-backed Unacademy axes 600 staff in cost-cutting drive

People

07 April, 2022

Softbank-backed Unacademy axes 600 staff in cost-cutting drive

Even as edtech startup valuations have been soaring with a surge in demand for remote learning over the last two ......

Walmart's Flipkart raises IPO valuation target to $60-70 bln, eyes 2023 listing-sources

Consumer

07 April, 2022

Walmart's Flipkart raises IPO valuation target to $60-70 bln, eyes 2023 listing-sources

Walmart's Indian e-commerce company Flipkart has internally raised its IPO valuation target by around a third to $60-70 billion,...

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GIC to lead fresh $200 mn round in Cred at over $6.5 bn valuation

Finance

07 April, 2022

GIC to lead fresh $200 mn round in Cred at over $6.5 bn valuation

Singapore sovereign wealth fund GIC is leading a fresh funding round in Kunal Shah-founded Dreamplug Technologies Pvt Ltd, which...

Paytm Sharma's shares to vest only after market cap tops IPO level

Finance

06 April, 2022

Paytm Sharma's shares to vest only after market cap tops IPO level

Paytm Founder and Chief Executive Officer (CEO) Vijay Shekhar Sharma, in a letter to shareholders on Wednesday said that his ......

Dailyhunt parent raises $805 mn at $5 bn valn; aims to achieve profitability in 3 yrs

TMT

06 April, 2022

Dailyhunt parent raises $805 mn at $5 bn valn; aims to achieve profitability in 3 yrs

VerSe Innovation Pvt Ltd, which operates technology platforms like news and content aggregator Dailyhunt and short video editor...

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