While the hospitality industry takes a beating due to the ongoing coronavirus…
Airbnb announces $1 billion debt+equity fundraise, to focus on ‘Experiences’ and long-term stays
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Swiggy lands $43 Million as a part of Series I round from a group of Korean investors
Ever since India imposed a nationwide lockdown, e-commerce companies have found it…
Apple acquires AI speech recognition startup Voysis
Apple is making yet another acquisition, making it the second within this…
OYO invokes “force majeure” clause, ceases all payments to partner hotels: Report
After OYO raised concerns over declining business last week, asking its partner…
India’s MyLab lands fresh investment to ramp up COVID-19 test kit production to 2 million units a week
COVID-19 cases have started to see an exponential rise in India, with…
upGrad appoints former BYJU’s exec Arjun Mohan as India CEO
Upgrad, the online learning platform focusing on short/medium term higher education courses,…
Tiger Global was on a share purchase spree in TikTok parent Bytedance since 2018, current valuation at around $90Bn: Report
In a testament to TikTok’s (and perhaps the short format video) popularity,…
Cancer diagnostics startup ‘SaScan’ raises undisclosed amount from Unicorn India Ventures
In tandem with its fund-raising announcement, Unicorn India is also announcing the…
Unicorn India Ventures announces first close of its ₹400 crore equity fund
In a positive news to the otherwise grim overall investment scene, India-based…
Softbank-backed satellite internet startup OneWeb files for bankruptcy
In a not-so-proud-to-be first for Softbank, one of its star portfolio companies,…
Ola CEO forgoes annual salary, company to put in ₹20 crores (~$2.6M) to support driver partners
Ola, India’s biggest ride hailing platform, has come up with another plan…
Marquee VC firms in India creating joint investment platform to bail out portfolio startups impacted by Coronavirus: Report
In a move aimed at bailing out some of India’s top venture…
OYO warns partner hotels of disruption in payment cycle due to Coronavirus outbreak
It is no hidden truth, that the impact of ongoing COVID 19…
Streaming platform Hooq has filed for liquidation due to restricted growth
Hooq, a Singapore based streaming platform backed by Singapore Telecommunications limited, has…
Swiggy ready to use idle fleet for delivering essential commodities, COO Vivek Sundar says
Swiggy, one of the two Indian food delivery unicorns, has been having…
Ola seeks government relaxations for its drivers in the form of interest free loans and tax free ‘holiday’ periods
Ola, India’s biggest ride hailing service, wants the government to step in…
Flipkart is resuming grocery services after government clarification on functioning of ecommerce during lockdown
Flipkart, after suspending all of its operations earlier, is set to resume delivery…
SoftBank close to investing $300 million in Didi Chuxing’s self driven vehicle unit
Softbank is looking to continue on its mega financing spree, despite significant…
CoinDCX bags $3 million in funding as India opens regulatory gates to cryptocurrency trading
Less than 3 weeks after Supreme Court of India’s historic judgement to…
Ola announces financial relief for coronavirus affected drivers in India, Australia, but more needs to be done
India-HQed ride hailing giant Ola, has announced setting up of a dedicated…
Fresh amendment to India’s securities law to benefit startups during public listing
The Securities and Exchange Board of India has brought about a significant…
