Browsing Category

Startups

4439 posts
ShareChat Jeet11

Twitter-backed regional social media network ShareChat acquires meme sharing app Memer

If you thought making memes did not pay anything, you’d have to…

Vedantu grabs another $7 million as part of an extended Series C round

Edtech platforms have emerged as one of those rare sectors, which have…

Uber has disbursed COVID-19 grants to 55,000 drivers in India through its Uber Care Drivers Fund

Uber’s ‘Uber Care Driver Fund’, an INR12.5 crore (~$1.6Mn) COVID-19 relief fund…

Gojek has acquired Indonesian POS and payment services startup Moka in a $130M deal: Bloomberg

Fresh off from an industry-defying $1.2 Billion fundraise, Indonesia’s most valuable startup…
Oyo

OYO reportedly cutting salaries for all employees by 25%, internal memo reveals

Fresh from a lay-off, OYO has now reportedly announced 25% salary cuts…
Swiggy

Swiggy to lay off hundreds from its cloud kitchens business

The catastrophic economic impact of coronavirus pandemic has led to unprecedented layoffs…
Paytm

Paytm says its Payments Bank deposits have now crossed ₹1000 crores, introduces Direct transfer of subsidies

Paytm Payments Bank Ltd., a subsidiary of Indian digital payments giant Paytm,…

Y Combinator confirms a remote-only Summer 2020 batch

In what was already hinted a while back, Y Combinator has announced…

UK government sets up £250 million ‘Future Fund’ to bail-out coronavirus impacted startups using public money

The U.K. government today announced a bailout package for “high-growth” startups across…

India withdraws permission to ecommerce companies for delivering non-essential goods during coronavirus lockdown

In a move that could act as a body blow to some…

India’s new FDI policy requires govt. approval for all Chinese investment in Indian companies, including startups

In a move that is aimed at restricting “opportunistic investments” from Chinese…

Conversational AI startup Yellow Messenger lands $20 million in Series B

Bengaluru-based conversational AI startup Yellow Messenger has landed a $20 million funding…

Stripe lands an additional $600 million in Series G at a $36B valuation

It is a well established fact, that the global economy is in…
India, Economy

AI-powered logistics startup FarEye grabs $25 million in Series D to fuel overseas market growth

If you’ve ever wondered how the Dominos app predicts the time it…

Airbnb raises another $1 billion in debt

Days after announcing a $1 billion debt+equity round, Airbnb is announcing yet…
Paytm

Paytm subsidiaries could get listed soon, parent company IPO still far, says founder Vijay Shekhar Sharma

Paytm, unarguably, is one of those early Indian startups, which paved the…

Softbank projects Vision Fund losses at a staggering $24 Billion

In what seemed almost certain, Japanese tech behemoth Softbank announced today, that…

Digital lender Capital Float announces closure of its $15 million round from Amazon, Sequoia among others

One sector, that could see some surge in usage in the current…
sony

Sony invests $400 million in China’s Bilibili for a 5% stake

Sony has recently announced that it has invested $400 million in China…

SOSV’s MOX accelerator invests in India-based shortform video-only talent marketplace ‘Joynt’

The $700Mn US-HQed VC firm SOSV has announced an undisclosed investment into…