Investors Sequoia Capital, Y-Combinator Warn Startup Companies Of Upcoming Downturn
Startup investors make most of their money from being able to spot trends early, and they now seem to be in unison about…
Category: Startups
Logistics Startup Delhivery Goes Public, Shares Rise 10% On Opening Day
India’s startups might have had a torrid few months at the stock markets, but new IPO from a freshly-minted unicorn appears to have…
Zomato’s Revenue Rises 75% In Q4, But Losses Triple
Many of India’s tech startups are now public companies, but they seem no closer to making profits than they’d been when they were…
HealthTech Startup MFine Lays Off More Than 500 Employees After Reportedly Running Short Of Funds
What had begun as a trickle of layoffs in India’s startup ecosystem is quickly turning into a deluge. Health-tech startup MFine has laid…
Zilingo Fires Cofounder & CEO Ankiti Bose Over “Serious Financial Irregularities”
It’s not just employees who’re being laid off from startups in recent weeks — founders too are feeling the heat. Fashion platform Zilingo…
Vedantu Lays Off 424 Employees, Cars24 Fires 600
India’s two-year-long startup party appears to finally be coming to an end — and the hangovers aren’t looking pretty. Two startups which were…
Sachin Bansal’s Bid To Acquire A Banking Licence Declined By RBI
There’s many things that money can buy, but in India, a banking licence isn’t one of them. Flipkart co-founder Sachin Bansal’s bid to…
Paytm Mall’s Valuation Has Fallen From Rs. 21,000 Crore To Rs. 100 Crore In 3 Years
While wins in high-stakes business moves can often yield some eye-popping results, the failures can be just as dramatic. Paytm Mall’s valuation has…
Swiggy Acquires Restaurant Booking Platform Dineout In Estimated $200 Million Deal
Swiggy has finally followed Zomato into the physical dining space. Swiggy has announced that it is acquiring Times Internet-owned Dineout. While the terms…