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Layoffs at startups continue in 2023 amid funding winter

TMT

Layoffs at startups continue in 2023 amid funding winter

Indian startups continued to lay off employees in 2023, with at least 11 tech startups firing 1,400 ...

Inflection Point, Faad Network, others back SuperCluster Pi

TMT

Inflection Point, Faad Network, others back SuperCluster Pi

House of brands player SuperCluster Pi has secured seed funding of $2 million (around Rs 17 crore) ...

UpScalio sacks 15% staff

People

UpScalio sacks 15% staff

UpScalio, which manages several direct-to-customer (D2C) brands, has laid off 15% of its workforce ...

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Thrasio-styled UpScalio in talks to raise $30-50 mn

TMT

Thrasio-styled UpScalio in talks to raise $30-50 mn

UpScalio, a Thrasio-style venture that finances e-commerce brands, is looking to make its ...

Mensa Brands acquires smart wearables brand Pebble

Consumer

Mensa Brands acquires smart wearables brand Pebble

Alpha Wave Global-backed D2C unicorn Mensa Brands has acquired Noida-based consumer electronics ...

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Deals Digest: Companies raise $875 mn this week, Amagi turns unicorn

Finance

Deals Digest: Companies raise $875 mn this week, Amagi turns unicorn

Companies raised $875 million in venture capital (VC) and private equity (PE) funding this week, and...

Presight Capital-backed UpScalio snags $15 mn led by Gulf Islamic Investments

Consumer

Presight Capital-backed UpScalio snags $15 mn led by Gulf Islamic Investments

UpScalio, a venture that funds and manages e-commerce brands, on Tuesday said it has secured pre-...

UpScalio invests in four consumer brands

TMT

UpScalio invests in four consumer brands

UpScalio, a venture that funds and manages e-commerce brands, on Monday said it has invested an ...

Thrasio-style startup UpScalio invests in gardening brand Truphe

Consumer

Thrasio-style startup UpScalio invests in gardening brand Truphe

UpScalio, a Thrasio-style venture that finances e-commerce brands, on Monday said it has invested an...

India Inc records 199 deals worth $3.5 bn in November; volumes increase 34%

General

India Inc records 199 deals worth $3.5 bn in November; volumes increase 34%

India Inc witnessed 199 deals worth $3.5 billion in November, an 34% increase compared to November ...