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Spotlight: How funding delay, legal woes and layoffs are hampering UpScalio's growth story

TMT

08 May, 2023

Spotlight: How funding delay, legal woes and layoffs are hampering UpScalio's growth story

Sooner or later, every business faces a day of reckoning. For many consumer-focused startups, that day is now coming closer ......

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Layoffs at startups continue in 2023 amid funding winter

TMT

18 January, 2023

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 employees in the ......

Inflection Point, Faad Network, others back SuperCluster Pi

TMT

12 January, 2023

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) led by Bobby ......

UpScalio sacks 15% staff

People

05 January, 2023

UpScalio sacks 15% staff

UpScalio, which manages several direct-to-customer (D2C) brands, has laid off 15% of its workforce or around 40 employees basis individual ......

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

TMT

09 September, 2022

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 investments across sports and fitness, baby and ......

Mensa Brands acquires smart wearables brand Pebble

Consumer

14 June, 2022

Mensa Brands acquires smart wearables brand Pebble

Alpha Wave Global-backed D2C unicorn Mensa Brands has acquired Noida-based consumer electronics brand Pebble, marking its debut deal in smart ......

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

Finance

17 March, 2022

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 media software-as-a-service (SaaS) business ......

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

Consumer

15 March, 2022

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-Series B funding of $15 ......

UpScalio invests in four consumer brands

TMT

28 February, 2022

UpScalio invests in four consumer brands

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

Thrasio-style startup UpScalio invests in gardening brand Truphe

Consumer

31 January, 2022

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 undisclosed sum in NCR-based home ......