PhonePe Raises Funds At $12 Billion Valuation, Is Now Worth Nearly Thrice As Much As Paytm
Most of India’s startup ecosystem might be grappling with a funding winter, and employees might be getting laid off everywhere, but a firm…
Category: Startups
GoMechanic Admits To Financial Irregularities, Lays Off 70% Employees
India’s startups have been struggling with an unfavourable funding environment in recent months, but more serious issues are now coming to light. GoMechanic…
These Are The Profits And Losses Of The Companies Run By Shark Tank Judges
Entrepreneurs appearing on the hit TV show Shark Tank India are subject to the greatest scrutiny by the “sharks” — they are probed…
Dunzo, Sharechat And Faasos Lay Off Employees As Startup Layoffs Pile Up In 2023
2022 had been billed the year of startup layoffs, but 2023 — in just a fortnight — is already making it look tame…
Adani Group Launches AdaniOne Platform To Let Users Book Flights And Airport Cabs
The Adani Group is already the biggest airport operator in India, but it is now looking to grab a slice of the consumer-facing…
Ola, Unacademy, Lead School And CoinDCX Lay Off Employees In Brutal Week For Indian Startups
2022 had already been billed as the year of Indian startup layoffs, but it now appears it was simply a prelude for the…
Home Decor Brand Chumbak Sold To Goat Labs In Reported Slump Sale
One of India’s earliest and best known design startups has also bowed down to the brand-of-brands onslaught. Home decor brand Chumbak, which made…
Zerodha’s Net Profit Doubles To Rs. 2094 Crore In FY22
The funding winter might be here, and most startups might be laying off employees, but the Zerodha juggernaut seems to roll merrily on….
These Were India’s Top-Selling Electric Two Wheeler Companies In 2022
India’s EV revolution has now been simmering for a while, but 2022 was the year when it finally came of age. In 2021,…