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Startups

4516 posts

PaisaBazaar lays off over half of its employees

PaisaBazaar, the digital lending unit of PolicyBazaar recently said that it has…

Beenext closes two new funds totaling $160 million, significant investments planned in India

Singapore based venture capital firm Beenext, has announced the closure of two…

Edvizo, a platform for students to compare and select coaching institutes, gets $150K in seed

Bangalore based edtech startup Edvizo, has raised $150k from Inflection Point Ventures…

API platform Postman scores $150 million in Series C at a whopping $2B valuation

Application program Interface, or API, is a set of protocols that dictates…

Anand Mahindra invests $1 million in blockchain based social media startup Hapramp

Billionaire Anand Mahindra, owner of multi-billion Indian business conglomerate Mahindra and Mahindra,…

Payments company Innoviti closes Series C round from FMO and Bessemer Venture Partners

Innoviti, the Bengaluru-based payments solution provider, is announcing the close of its…

Infibeam buys out corporate credit cards firm Cardpay in all-stock deal

Infibeam Avenues Ltd., the company that behind ecommerce platform ‘Infibeam.com’ and payment…

Now startups can issue ESOPs to employees till 10 years after joining

On February 19, the DPIIT extended the period during which a company…
Zomato

Zomato to scale down grocery as food delivery expects to make a comeback

Zomato will now return to its homebase, and put its weight behind…

CarTrade lands $42.5 million in Series H from Temasek and Warburg Pincus

Automotive classifieds company CarTrade has raised Rs 321 crore ($42.5 million) from…
UberEats

Slow recovery for Uber as rides starting to pick up amid easing lockdowns

In a virtual Bank of America conference, Uber CEO Dara Khosrowshahi said…
Ola Electric disputes sales, registration issues.

After CCI, NCLAT too dismisses plea asking for probe against Ola and Uber

The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea seeking…

Facebook and Paypal announce investment in Southeast Asian tech unicorn GoJek

Facebook and Paypal today announced, in their own separate press statements, an…

Fintech BankBazaar infused with ₹45 Crore ($6Mn) by existing investors in ongoing Series D round

BankBazaar, the online fintech platform that lets users browse and apply for…

Custom furniture startup “WoodenStreet” scores $3 million from IAN fund

Jaipur based startup WoodenStreet has raised $3 million in funding from IAN…
didi

Softbank leads $500Mn round in China’s Didi’s self-driving unit

Chinese ride-hailing giant Didi Chuxing has acquired $500 million for its autonomous…

Softbank attempts Paytm Mall-Grofers merger as additional startup capital dries up

With COVID-19 pandemic severely impacting all forms of economic activity, startups aren’t…
Apple

Apple buys Ontario based Inductiv for its tech that automates error corrections in ML input data feeds

Apple, the company that gave the world iPhones and Mac computers, has…
softbank

Softbank Vision Fund to lay off 10% of its workforce following historic losses

Following a $17.7 billion loss amid crumbling valuations of portfolio startups, Softbank…