Gaming News Startups Venture Capital Krafton to invest $150 million in India in next 2-3 years as BGMI gets trial approval Krafton, the South Korean gaming company that gave us Battlegrounds Mobile India… Soumyadeep SarkarAugust 10, 20233 minute read
Culture & Policy News Startups Pepperfry co-founder and CEO Ambareesh Murty suffers cardiac arrest, passes away at 51 Ambareesh Murty, co-founder of the online furniture store Pepperfry, is no more.… Soumyadeep SarkarAugust 9, 20232 minute read
Gaming News Startups MPL lays off 350 employees as economics re-align post 28% online gaming tax Mobile Premier League (MPL), one of the only two esports and online… Soumyadeep SarkarAugust 9, 20232 minute read
Business News Startups Zomato reports first quarterly profit, revenue jumps 54% YoY to reach ₹2786 crore Zomato reported its Q1’24 earnings today, with the headline being the company… Staff@The Tech PortalAugust 3, 20232 minute read
Culture & Policy News Startups Tiger-Global backed used cars platform Spinny lays off 300 Spinny, the Tiger Global, ADQ backed used cars platform, is laying off… Staff@The Tech PortalAugust 3, 20232 minute read
News Startups Social commerce platform Dealshare CEO steps down, will retain board position Vineet Rao, co-founder and CEO of social commerce platform DealShare, has decided… Soumyadeep SarkarJuly 31, 20232 minute read
News Startups Telecom startup Wiom scoops up $17Mn to expand in more cities, invest in talent and delivery architecture Wiom, a New Delhi-based telecom startup, has scooped up a total of… Soumyadeep SarkarJuly 27, 20232 minute read
Culture & Policy News Startups Prosus, a major investor in Byju’s, says the company “regularly disregarded advice” despite repeated efforts The Byju’s corporate (mis)governance saga is getting an important chapter added to… Soumyadeep SarkarJuly 25, 20232 minute read
Culture & Policy News Startups Byju’s to rework its loan agreement with lenders for its $1.2 billion Term B loan: Report Embattled edtech major Byju’s, which has been fighting one crisis after another… Soumyadeep SarkarJuly 24, 20232 minute read
News Startups upGrad’s Mumbai offices visited by tax officials, company calls it “routine survey” Once again, an Indian high-value startup seems to have attracted the attention… Soumyadeep SarkarJuly 19, 20232 minute read
Culture & Policy News Startups Dunzo, the Reliance/Google-backed quick commerce app, delays employee salaries, announces further job cuts Cash-strapped quick-commerce firm Dunzo has deferred salary payouts for its employees once… Soumyadeep SarkarJuly 19, 20232 minute read
Acquisitions Business News Startups Swiggy acquires retail logistics startup LYNK in all-stock deal Swiggy has entered into a definitive agreement to acquire retail logistics startup… Soumyadeep SarkarJuly 13, 20232 minute read
Acquisitions News Startups CarTrade Tech to acquire OLX India’s auto business in $70Mn deal Popular online used cars platform CarTrade Tech is set to acquire the… Soumyadeep SarkarJuly 11, 20232 minute read
Business Culture & Policy News Startups Byju Raveendran proposes formation of committee to provide strategic guidance in EGM Byju Raveendran, founder of troubled edtech major Byju’s, in a recently held… Soumyadeep SarkarJuly 7, 20232 minute read
Business News Startups PharmEasy to raise ₹2500 crore from Manipal group, others, that includes a significant valuation drop PharmEasy, the health tech startup whose own financial health was pretty bleak… Soumyadeep SarkarJuly 5, 20232 minute read
News Startups Smartstaff raises $6.2Mn in Series A as it expands its blue collar workforce management platform Smartstaff, the Blume Ventures / Nexus VP-backed blue collar workforce management and… Staff@The Tech PortalJuly 4, 20232 minute read
News Startups Paytm ties up with NBFC Shriram Finance to offer small ticket loans to Paytm merchants Paytm, one of India’s largest and most valued fintechs, has now teamed… Soumyadeep SarkarJune 30, 20233 minute read
Global News Startups Inflection AI gets $1.3Bn from Microsoft, Nvidia to expand work on its ‘Inflection-1’ AI model The number and size of investments in startups may have waned in… Soumyadeep SarkarJune 30, 20233 minute read
Culture & Policy News Startups Byju’s Byju Raveendran addresses crisis at employee townhall, assures strong comeback Edtech major Byju’s is not having the best of times right now,… Soumyadeep SarkarJune 29, 20233 minute read
Electric News Startups Two-wheeler EV maker Oben Electric secures another $5Mn in pre-Series A round Bengaluru-based EV startup Oben Electric has raised a total of ₹40 crore… Soumyadeep SarkarJune 29, 20232 minute read
Acquisitions Global News Startups Visa acquires Brazilian payments startup Pismo in a staggering $1Bn all-cash deal In a groundbreaking move, fintech giant Visa has announced that it has… Soumyadeep SarkarJune 29, 20232 minute read
