In an internal email to employees, Unacademy CEO and co-founder Gaurav Munjal said that 12% of the total employees, totalling…
Sources said the company is also considering hiving off or shutting down more subsidiaries, particularly to protect its cash runway…
As reported earlier, GoMechanic has been on the block since the last month or so with multiple competitors, including CarTrade,…
M&As in growth and late stages on the cards to exit investments.
While the Finance Bill passed by Lok Sabha on Friday did not provide any relaxation to investors despite requests from…
Total funds raised by late-stage startups falls over 50% in CY22, show Tracxn data
Food delivery platform Swiggy has launched a new initiative, Swiggy Launchpad, where new restaurant partners will not have to pay…
Dukaan is a mobile-based storefront app that helps SMBs digitise their operations. The app offers features such as online storefronts,…
On an average, early-stage startups had cash balances of up to $2-3 million in US bank accounts, while larger startups…
The company also stated that it is working with its customers and vendors who were using its SVB account to…
Digital gaming publisher Nazara Technologies has announced that two of its step-down subsidiaries, Kiddopia Inc and Mediawrkz Inc, hold cash…
Founded in 2016, GoMechanic was run by Amit Bhasin, Kushal Karwa, Nitin Rana and Rishabh Karwa.
The convertible notes will have a discount of 20% on the listing price for incoming investors.
CY2021 was an anomaly for both Indian and global startups which raised record funding with some quarters breaching the $10-billion…
Quick commerce startup Zepto is planning a larger foray into the instant food delivery market as it looks to expand…
UpGrad spokesperson and Impartus co-founder Amit Mahensaria did not respond to an email query sent early last week.
Delhi-based Recur Club enables companies with recurring revenues to raise non-dilutive growth capital in a short time.
The VC firm pointed out in its statement that the pandemic has accelerated digital adoption worldwide across enterprises and consumers.
