Unacademy’s Loss Rises 6x To Rs. 1,474 Crore, Vedantu’s Loss Rises 4x To Rs. 604 Crore
India’s top ed-tech companies had been firing employees en masse in recent months, and the reasons for the alacrity in cutting costs is…
Category: Startups
Ola Shuts Down Used Car Business Ola Cars & Grocery Service Ola Dash
Ola’s forays into sectors outside of ride hailing aren’t going quite as planned. Ola has decided to shut down its used car business…
Zomato Acquires Blinkit For $568 Million In All-Stock Deal
One of India’s top food delivery companies has officially acquired one its top grocery delivery players. Zomato has acquired Blinkit for $568 million…
EV Fires Will Happen, Says Ola CEO Bhavish Aggarwal After Tata Nexon Catches Fire In Mumbai
Amidst growing cases of electric vehicles catching fire, Ola’s CEO appears to be hinting that these incidents aren’t a bug — they might…
India’s ONDC Platform Working To End “Monopolization” Of Zomato, Swiggy: Report
India’s ambitious ONDC platform isn’t just looking to level the playing field for e-commerce — the food delivery industry appears to be on…
LeadSquared Becomes India’s Latest Unicorn Startup, Now Valued At $1.1 Billion
Tech stocks around the world might be getting pummeled, the crypto markets might be imploding, and there might be a recession on the…
After Unacademy Launches In Kota, Allen Announces New Online Arm Named Allen Digital
In business, like in football, the best form of defense could well be offence. Days after ed-tech startup Unacademy launched in Kota and…
Allen Co-founder Warns Teachers Against Leaving In Dramatic Video As Unacademy Launches In Kota
Incumbents don’t take kindly to outsiders taking over their turf, be they mafia bosses or mild-mannered coaching center owners. Brajesh Maheshwari, the co-founder…
Cred’s Valuation Jumps 60% In 8 Months, Now Valued At $6.4 Billion
India might be going through a funding winter, its losses might be growing, and there might be no clarity on how it will…