News Startups Venture Capital Byju’s valuation gets a 62% mark down from Blackrock, now valued at $8.4Bn In a sign of the intensifying funding winter and challenging macroeconomic conditions,… Soumyadeep SarkarMay 30, 20232 minute read
News Startups Venture Capital Fidelity marks-down value of its Meesho investment by 10% In a global economic scenario where tech unicorn valuations are bearing the… Global Staff @ The Tech PortalMay 30, 20232 minute read
News Startups Transportation Ola announces ‘Prime Plus’, comes with ‘top cars’ and ‘no cancellations’ Ola, the other major cab aggregator in India apart from Uber, is… Soumyadeep SarkarMay 29, 20233 minute read
News Startups After Housing, Info Edge writes off its entire investment in Bijnis With the Indian startup ecosystem, starting to show signs of devaluations amid… Soumyadeep SarkarMay 27, 20233 minute read
News Startups Chalo nabs $45 million in Series D as it looks to expand its public transport offering Transport-tech startup Chalo has bagged a total of $45 million in a… Soumyadeep SarkarMay 23, 20232 minute read
News Startups Byju’s Alpha sued, faces accusations of hiding $500Mn in funds, Byju’s denies In a dramatic turn of events, Byju’s Alpha has found itself embroiled… Soumyadeep SarkarMay 19, 20233 minute read
Business News Startups Zomato says it turned EBITDA positive in Q4 FY23, narrows loss to ₹188 crores Amid the current largely depressed global macro-economic scenario, tech startups are facing… Soumyadeep SarkarMay 19, 20233 minute read
News Startups Zomato launches its own UPI platform for in-app payments, others expected to follow suit Leveraging the fintech phenomena that India’s UPI has come to be known… Soumyadeep SarkarMay 16, 20233 minute read
News Startups Venture Capital Vanguard marks down ride-hailing giant Ola’s valuation by 35% Vanguard, one of the lead backers behind Indian ride-hailing giant Ola, has… Global Staff @ The Tech PortalMay 10, 20232 minute read
News Startups Venture Capital Invesco cuts Swiggy’s valuation by nearly half to $5.5 Billion US-based fund manager Invesco slashed the valuation of food delivery aggregator Swiggy.… Soumyadeep SarkarMay 9, 20232 minute read
News Startups Pando raises $30Mn in Series B for its AI-powered logistics platform that eases supply chain disruptions Global supply chains, across sectors, across industries, haven’t remained the same in… Staff@The Tech PortalMay 3, 20232 minute read
News Startups Xpressbees gets $40Mn from Malaysian sovereign wealth fund Khazanah Nasional Logistics firm Xpressbees has nabbed $40 million after Malaysian sovereign wealth fund,… Soumyadeep SarkarApril 28, 20233 minute read
Business News Startups IPO-bound OYO reportedly turned cashflow profitable in Q4 2023 Hospitality major OYO turned cash flow positive for the first time, noted… Soumyadeep SarkarApril 27, 20232 minute read
News Startups OfficeBanao, a platform that helps design office spaces, nabs $6 million in fresh fundraise Workspace interiors startup OfficeBanao has secured $6 million in all-equity seed funding.… Soumyadeep SarkarApril 11, 20232 minute read
Culture & Policy News Startups Swiggy CTO Dale Vaz resigns, to be succeeded by Madhusudhan Rao Marking the second exit in its senior management within the course of… Soumyadeep SarkarApril 3, 20232 minute read
Business News Startups Oyo slashes IPO size by half, files a revised ‘pre-filing’ document with SEBI: Report Oravel Stays, the parent firm of Softbank-backed hospitality decacorn Oyo, has pre-filed… Soumyadeep SarkarApril 3, 20232 minute read
Culture & Policy News Startups Unacademy slashes workforce by 12% in fresh layoffs Online learning platform, which has been struggling off late on the business… Soumyadeep SarkarMarch 31, 20232 minute read
News Startups Flipkart-parent Walmart puts $200Mn in digital payments major PhonePe Fintech major PhonePe has secured an additional $200 million from its parent… Soumyadeep SarkarMarch 18, 20232 minute read
Global News Startups Stripe’s latest $6.5Bn fundraise puts valuation at $50Bn Digital payments giant Stripe announced on Wednesday, that it has signed agreements… Soumyadeep SarkarMarch 16, 20233 minute read
Internet News Startups Lenskart raises $500Mn from Abu Dhabi Investment Authority (ADIA) Confirming reports from last week, Lenskart has confirmed raising a $500Mn round… Staff@The Tech PortalMarch 16, 20232 minute read
Internet News Startups Venture Capital Y Combinator cuts jobs by 20%, to cut down on late-stage investments Startup-accelerator Y Combinator is joining the layoff brigade if the latest development… Soumyadeep SarkarMarch 14, 20232 minute read
Business Global News Startups HSBC is acquiring Silicon Valley Bank UK, says customers can bank as usual, all deposits safe In what is a last-minute deal of relief for a large chunk… Global Staff @ The Tech PortalMarch 13, 20232 minute read
Culture & Policy News Startups Venture Capital VCs step up to provide financial support to startups in the midst of SVB collapse The world of entrepreneurship is often associated with risk-taking and uncertainty, but… Soumyadeep SarkarMarch 13, 20233 minute read
News Startups Zomato tries hand at affordable daily meals delivery through ‘Zomato Everyday’ Zomato is looking to try its hand at a brand new delivery… Staff@The Tech PortalFebruary 22, 20232 minute read
News Startups PhonePe lands another $100Mn as a part of its $12Bn valued ongoing round Indian fintech major PhonePe has secured an additional $100 million in primary… Soumyadeep SarkarFebruary 14, 20232 minute read
