Udaan’s Valuation Falls By 45% In Major Down Round
Thus far, most of the valuation cuts that Indian startups were facing were only on paper — investors had been updating downwards the…
Category: Startups
Flipkart, InMobi, Others To Cut Jobs In India Amid Global Layoffs
2023 had seen dozens of Indian unicorns lay off thousands of employees, and 2024 appears to have gotten off to a similar start….
Byju’s Now Valued At Just $1 Billion, 95% Below Peak Valuation
In March 2018, Byju’s had become India’s 11th unicorn when it had touched a valuation of $1 billion. Six years, a pandemic, massive…
Ola Ridesharing Had Bought 12,000 Electric Scooters From Ola Electric Last Year
Ola Electric has quickly become the largest electric two wheeler manufacturer in India, but there’s more to its growing market share than meets…
Ola Reports Revenue Of Rs. 2,800 Crore, Loss Of Rs. 772 Crore In FY23
Ride hailing companies have been a part of urban India’s daily fabric for over a decade now, but they’re still struggling to make…
EaseMyTrip Highlights MakeMyTrip’s Chinese Ownership In Nationalism Play
All’s fair in love and war — and business. EaseMyTrip has been highlighting the Chinese ownership of its biggest competitor MakeMyTrip since the…
EaseMyTrip Suspends Flight Bookings To Maldives Amid Lakshadweep Row, Stock Jumps 5%
Indian companies are now deftly using global geopolitics to help build their brands — and raise their profile. Indian Travel booking portal EaseMyTrip…
Flipkart Co-Founder Binny Bansal Launches New Startup OppDoor
It’s hard to get rid of the entrepreneurial itch, even if you’ve already scored the biggest exit in India’s startup ecosystem. Flipkart co-founder…
Growth In Hotel Bookings In Ayodhya Greater Than In Goa, Nainital: Oyo Rooms CEO
India’s established domestic tourism destinations are already seeing record numbers of visitors, but some new tourism hotspots are also being created along the…