Paytm Is Now Worth Less Than The Funding It Had Raised When It Was A Startup
Paytm has had a terrible run since its IPO a year ago, but it’s still hard to appreciate how disastrous its tenure as…
Category: Startups
Paytm’s Stock Crashes 11% In Trade, Creates New Record Low
They say there’s light at the end of the tunnel, but the tunnel for Paytm investors seems to be interminably long — and…
95% Of Indian Startups Will Not Be Able To Grow Into Their High Valuations: Flipkart CEO
India had produced a record 43 unicorns in 2021, but one of the biggest voices in the Indian tech ecosystem says that most…
After 3 High-Level Exits In A Month, Zomato To Lay Off 3% Of Its Workforce
Global tech companies have been laying off employees for a while — Meta, Amazon, Twitter and Cisco have all terminated thousands of workers…
Startup Skyroot Successfully Launches India’s First Private Rocket Into Space
Today was a small launch for a rocket, but a giant leap for India’s space program. Hyderabad-based startup Skyroot Aerospace has successfully launched…
Paytm’s Shares Tumble 10% After Softbank Offloads $200 Million Stake
Paytm’s stock has had a torrid time at the bourses since it was listed in November last year, and as its one-year lock…
Indian Startup Agnikul Successfully Tests World’s First 3D-Printed Single-Piece Rocket Engine
Even as one Indian space-tech startup is readying to send the country’s first private rocket into space, another has notched a world-first to…
Lenskart Slips Back Into Losses After Being Profitable For 2 Years, Posts Rs. 102 Crore Loss
India’s short list of unicorn startups that actually make money has gotten even shorter. Eyewear company Lenskart, which had been reporting profits for…
Space Startup Skyroot To Launch India’s First Private Rocket Into Space This Month
Even as Elon Musk has been focusing his energies on Twitter over the last few months, an Indian startup is quietly looking to…