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    1. Business News
    2. Authors
    3. salman sh

    Salman SH

    Byju’s, fundraising round, investors, Byju Raveendran, liquidation, startup, interest payment, financial accounts, debt agreement, debt crisis, cash reserves
    ED searches Byju’s premises

    The Directorate of Enforcement (ED) on Saturday searched the premises of Think & Learn Private Ltd, which owns and operates…

    By Salman SH
    April 30, 2023 05:30 IST
    swiggy, industry news
    Swiggy starts ‘platform fee’ of Rs 2 per order

    Foodtech unicorn Swiggy has begun charging users a ‘platform fee’ of Rs 2 per order, which is presumably aimed at…

    By Salman SH
    April 29, 2023 02:50 IST
    oyo, industry news
    Oyo turns cash flow positive in Q4, eyes profitability next

    Travel tech firm Oyo turned cash flow positive during the fourth quarter of FY23, the company informed its employees in…

    By Salman SH
    April 28, 2023 06:15 IST
    Ankiti Bose, Ankiti Bose news, Ankiti Bose latest news, VC firm Burda Investments, Zilingo
    Zilingo investors mulls legal action against ex-CEO Ankiti Bose

    In a statement released on Wednesday, Burda Principal Investments alleged that “significant irregularities in reporting to investors” were to blame…

    By Salman SH
    Updated: April 27, 2023 22:26 IST
    venture capital, private equity, global sovereign funds
    Domestic VCs continue to raise record funds

    Attributed to LPs gaining confidence in Indian startups

    By Salman SH
    April 27, 2023 02:45 IST
    Thrive, swiggy, zomato, food delivery,
    Thrive looks to disrupt food delivery with SaaS play

    Thrive’s pitch as a SaaS enabler for restaurants has attracted strategic investors from the food and beverages space, something which…

    By Salman SH
    April 26, 2023 06:00 IST
    industry, industry news
    OPEN lays off 47 employees, founders take 50% pay cut

    Neobank OPEN has laid off 47 of its employees based on performance evaluations, the company said in a statement on…

    By Salman SH
    April 21, 2023 01:00 IST
    FMCG, El Nino, monsoon, consumer demand, rural areas, revenue growth, price hike, inflation, raw material, rural spending, gross margins, demand recovery, slowdown, volume recovery
    B2B kirana supply startup Sorted wants to disrupt the industry through franchise model

    This market, which is worth $600 billion and is dominated by approximately 15-20 million kirana and small mom-and-pop stores, accounts…

    By Salman SH
    April 20, 2023 06:05 IST
    private equity, private equity investment, venture capital,
    Indian PE-VC investments exceed $60 bn across 2,000 deals in CY22

    Normalises from peak value of $69.8 billion in 2021

    By Salman SH
    April 20, 2023 02:45 IST
    oyo, industry news
    OYO to add more hotels to US portfolio

    IPO-bound hotel aggregator OYO plans to expand its market presence in the US with an addition of over 100 hotels…

    By Salman SH
    April 15, 2023 01:15 IST
    fintech, fintech sector
    Fintech funding hits $1.2 bn in Q1 2023, shows early signs of recovery

    Among Indian cities, fintech companies in Bengaluru took the lead, raising $796 million in the first quarter of 2023. T

    By Salman SH
    April 14, 2023 02:00 IST
    phonepe, industry news
    PhonePe raises additional $100 mn from General Atlantic

    With the latest capital infusion, PhonePe’s total fundraising has touched $750 million in just three months despite the ongoing funding…

    By Salman SH
    April 13, 2023 02:50 IST
    pi Ventures, funds
    pi Ventures raises Rs 100 crore from Sidbi’s startup fund

    With the commitment out of Sidbi’s fund of funds, pi Ventures is on track to do its final close in…

    By Salman SH
    April 13, 2023 02:40 IST
    byju, india
    Fixing Byju’s financial reporting key challenge for new CFO

    In a late-night announcement on Monday, the company said Goel, former CFO of Vedanta Group, has been appointed its new…

    By Salman SH
    Updated: April 5, 2023 07:26 IST
    Byju's, industry news
    Byju’s raises $700 mn in fresh funding round

    Edtech major Byju’s has raised $700 million at a flat valuation of $22 billion, involving two separate deals of equity…

    By Salman SH
    April 4, 2023 06:20 IST
    Oyo, IPO, Sebi, Market, Investment
    Oyo may cut IPO size, pre-files papers for IPO

    Under the confidential route option, filing is available at the initial stage only to the market regulator.

    By Salman SH
    April 1, 2023 06:00 IST
    Byju’s, Swiggy
    Investors slash Byju’s, Swiggy valuation

    Valuation markdowns of unicorn startups continue through 2023, with both Swiggy and Byju’s investors marking down the value of their…

    By Salman SH
    April 1, 2023 05:45 IST
    Unacademy appoints Anurag Tiwari as national academic director for Unacademy Centres
    Senior Unacademy execs to take up to 25% pay cut

    Gaurav Munjal, Unacademy’s co-founder and CEO, informed all employees via an internal note on Slack that the extent of the…

    By Salman SH
    April 1, 2023 02:00 IST
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