Meta Deal Values Cred At $4 Billion, Below Its Peak 2022 Valuation Of $6.4 Billion
Cred now has the backing of Meta, but it’s at a significantly depressed valuation to its valuation from four years ago. The company…
Category: Startups
Kunal Shah Steps Aside As CRED CEO, Joins Meta As Global WhatsApp Head
Kunal Shah had the unique distinction of founding two massively well-funded startups in India, and now he’s set his sights on international shores….
Ola Cabs’ Valuation Falls 99% From Peak, Now Valued At Just $70 Million By Vanguard
Ola had at one point been one of India’s most valuable startups, but things have changed dramatically in the last few years. US…
IIT Delhi-Incubated BotLab Dynamics Lights Up Skies With Lord Shiva Themed Drone Show During IPL Final
The spectacular drone show at yesterday’s IPL final was performed by a Make-In-India success story. As cricket fans packed the stadium and 3.4…
Byju’s Founder Byju Raveendran Sentenced To Six Months In Jail In Singapore Court
Byju’s, which had once been India’s most valuable startup, had imploded spectacularly over the last few years, and it appears that its story…
Delhi-Based Startup Carryman Provides Workers To Carry Your Shopping Bags While Shopping
India’s unicorn story might have slowed down in recent years, but that hasn’t stopped startups from looking to solve some pretty interesting new…
Indian Startup Agnikul Cosmos Says It Has Successfully Test-fired Cluster Of 4 Semi-Cryogenic 3D-Printed Rocket Engines
India’s space startups are continuing to break new ground at rapid pace. Chennai-based Agnikul Cosmos has announced that it successfully test-fired four semi-cryogenic…
Rapido Triples Valuation To $3 Billion In New Fundraise
Rapido is cementing its place as a sizable competitor to the Uber-Ola duopoly in India. The Bengaluru-based mobility platform has announced that it…
Lovable Introduces Program That Gives Each Employee A 10% Raise On Their First Work Anniversary
Even as there are layoffs across tech companies, some startups are working hard to retain the employees that they deem to be valuable…