PharmEasy To Raise Funds At 90% Lower Valuation To Pay Off Loans: Report
India’s unicorn train has not only ground to a standstill — the country has produced no new unicorns in the last eight months…
Category: Startups
The Byju Family Has Sold Rs. 3000 Crore Of Byju’s Shares Since 2015: Report
Byju’s might be currently on the radar of investigative agencies, laying off thousands of employees, and seeing its valuation slashed by investors, but…
VCs And Founders Equally To Blame For Startup Scams: Zerodha CEO Nithin Kamath
Several Indian founders have been pilloried on social media for the scams that were unearthed at their companies, but the CEO of one…
Big Basket’s Revenue Rises By 5%, But Loss Rises By 89% To Rs. 1,535 Crore
A bevy of new companies have descended on the hyperlocal delivery space in the last few years, but the oldest player in the…
Zomato Has Zoomed Ahead Of Swiggy In The Food Ordering Race
Food ordering in India is widely thought to be a duopoly, but there are movements within this duopoly all the same. Zomato has…
Swiggy’s Food Delivery Revenue Grows By 26%, But Losses Rise 80%
Swiggy was already India’s highest-loss making startup, and it appears that it could continue to hold the top spot for a while longer….
Byju’s Hasn’t Been Regularly Depositing Employee PF Payments With Govt: Report
The list of Byjus’ woes keeps getting longer and longer. After having three of its board members and its statutory auditor resign last…
After 3 Board Members, Byju’s Auditor Deloitte Also Resigns
India’s most valuable startup seems to be imploding in real time. An hour after it emerged that three of Byju’s most prominent investors…
Three Key Byju’s Board Members Resign In Latest Jolt To Ed-tech Unicorn
Byju’s has been in the news for all the wrong reasons over the last year, but its story appears now to be well…