Electric News Startups Oil & gas major Petronas backs Indian battery-tech startup Log9 in $40Mn Series B fundraise Petronas, the Malaysian oil & gas major, has backed Log9, an Indian… Staff@The Tech PortalJanuary 23, 20232 minute read
News Startups PhonePe gets $350Mn in latest round from General Atlantic, valued at nearly $12Bn Fundraising hasn’t been as bright as it was during 2021 for Indian… Staff@The Tech PortalJanuary 19, 20232 minute read
Health News Startups Breathe Well-being, a healthtech platform that helps cut down Type 2 Diabetes medication, gets $6Mn from General Catalyst, others India, for a significantly long time, has been among top 3 nations… Staff@The Tech PortalJanuary 19, 20232 minute read
News Startups Enterprise AI upstart Mad Street Den raises $30Mn led by Avatar Growth Capital Artificial intelligence (AI) and computer vision-focused startup Mad Street Den has scooped… Soumyadeep SarkarJanuary 18, 20232 minute read
Culture & Policy News Startups GoMechanic, the Sequoia India-backed auto services startup, lays off 70% employees amid financial misreporting In a story that would once again highlight the “growth at all… Staff@The Tech PortalJanuary 18, 20232 minute read
Microsoft News Startups Microsoft leads investment in cloud-based HR tech unicorn Darwinbox Microsoft has made an equity investment in Hyderabad-based HR tech unicorn Darwinbox.… Soumyadeep SarkarJanuary 17, 20232 minute read
Culture & Policy News Startups ShareChat lays off nearly 500 employees amid cost-cutting measures In the latest instance of employees finding themselves out of a job… Soumyadeep SarkarJanuary 16, 20233 minute read
Culture & Policy News Startups ‘Restructuring exercise’ results in Ola laying off 200 employees Whether it be 2022 or 2023, some things just do not seem… Soumyadeep SarkarJanuary 13, 20232 minute read
News Startups Qritive, which uses AI to improve digital cancer imaging, gets $7.5Mn to expand product line, add geographies Qritive, a healthtech platform that improves digital pathology for cancer diagnosis through… Soumyadeep SarkarJanuary 10, 20232 minute read
News Startups KreditBee adds another $100Mn to its Series D, valuation nears $700Mn KreditBee, the Indian fintech upstart that provides easy personal loans via its… Staff@The Tech PortalJanuary 6, 20232 minute read
Business News Startups STAGE, an OTT platform for local Indian dialects, gets ₹40 crore in fresh funding OTT platforms clocked an enviable rise in prominence during the pandemic, during… Soumyadeep SarkarJanuary 3, 20232 minute read
Culture & Policy News Startups BharatPe CEO Suhail Sameer steps down Fintech major BharatPe, ever so embroiled in controversy, seems to have carried… Soumyadeep SarkarJanuary 3, 20232 minute read
Business News Startups Swiggy revenue more than doubles to reach ₹5705 crore in FY22, but loss widens SoftBank-backed Swiggy witnessed its expenses surge during FY22, which in turn widened… Soumyadeep SarkarJanuary 3, 20232 minute read
News Startups Indian fintech Money View nabs $75Mn in Series E, valued at $900Mn New York-HQed Tiger Global has driven investments in yet another Indian startup… Soumyadeep SarkarDecember 27, 20222 minute read
Business News Startups Dream public market debut for drone upstart DroneAcharya, stock lists at 90% premium India’s Unmanned Aerial Vehicle (UAV) market is estimated to at $2.1 billion… Soumyadeep SarkarDecember 23, 20222 minute read
News Startups Razorpay, Cashfree asked by RBI to halt new merchant onboarding Razorpay and Cashfree Payments have been instructed by the Reserve Bank of… Soumyadeep SarkarDecember 17, 20222 minute read
Futurism News Startups GalaxEye lands $3.5Mn in seed for building its own constellation of earth imaging satellites With the ever increasing number of new-age space tech companies focused on… Staff@The Tech PortalDecember 15, 20222 minute read
Business News Startups Snapdeal scraps $152Mn IPO plans Snapdeal, the Indian ecommerce marketplace which saw a resurgence over the past… Staff@The Tech PortalDecember 9, 20222 minute read
News Startups Venture Capital Blume Ventures announces final close of latest India-focused fund at over $250 million Among the oldest early-stage VC firms in Indian startup ecosystem, Blume Ventures… Soumyadeep SarkarDecember 7, 20223 minute read
News Startups ‘Flash’, an e-commerce app focused on ‘power shoppers’ lands $5.8Mn in seed E-commerce, the sector that was one of the first to see rise… Soumyadeep SarkarDecember 3, 20222 minute read
News Startups KreditBee nabs $80Mn in Series D to diversify product portfolio, strengthen tech Fintech startup KreditBee has snagged $80 million in fresh funding. This Series… Soumyadeep SarkarDecember 2, 20222 minute read