Indian Startup Organizes Africa’s Largest Ever Drone Show For Djibouti’s Independence Day
Over the last decade, Indian startups have been criticized for either being copycat apps from the west, or apps that try to find…
Category: Startups
Lenskart Acquires Majority Stake In Japanese Eyewear Brand Owndays
Indian startups aren’t only creating massive brands in India, but they’re confidently striding into developed markets to grow their businesses. Lenskart has picked…
Byju’s Fires 2,500 Employees Across Toppr, WhiteHat Jr And Its Core Business: Report
The ed-tech winter had already affected several unicorn startups — both Vedantu and Unacademy have fired hundreds of employees in recent weeks —…
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…
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…