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Startups

4516 posts

India based Spacetech startup Vesta Space lands $10 million from Next Capital

India has made major strides in the field of space exploration after…
Uber integrates metro ticketing via ONDC

Uber to lay off 3700 from its workforce to cut losses in wake of COVID 19 pandemic

Uber, the company that took the world by force and practically invented…

Airbnb lays off close to 25% of its workforce as COVID-19 continues to hit travel

With most of the countries being in lockdown, COVID-19 is continuing to…
Paytm logo on a tent roof

Paytm entices merchants with a new ₹100 crore loyalty program

With the onset of Reliance and Facebook-backed JioMart, India’s biggest ecommerce and…

Former WeWork CEO and founder Adam Neumann files lawsuit against Softbank’s tender offer withdrawal

Infamous WeWork Founder and ex-CEO Adam Neumann just added to the We…

Singapore logistics startup Ninja Van picks up $279M from B Capital among others

Ninja Van, the Singapore based logistics startup that specialises in express ecommerce…

Tokopedia, Indonesia’s largest ecommerce platform, probes alleged data leak of 91 million users

Indonesian e-commerce unicorn Tokopedia allegedly uncovered an attempt to breach of its…
UberEats

Uber Eats to discontinue operations in seven markets, transfers UAE ops to Careem

Uber has announced that it is completely ceasing operations of its food-delivery…

[UPDATE: Confirmed] Intel in talks to buy Israeli public transit app Moovit: Report

UPDATE: Intel has confirmed the acquisition. However, against the $1 Billion figure that…

Byju’s raising fresh capital at a $10B valuation: Report

One sector that has seen unprecedented surge in growth and usage during…

Chinese EV startup NIO announces $1Bn fundraise from a group of state-owned companies in China

NIO, the now embattled Chinese electric vehicles startup that was once considered…

VC funding in India barely passes the $2 billion mark in Q1 2020: KPMG report

It’s no secret that the world economy is reeling under coronavirus’ impact.…

Sequoia announces third cohort of its ‘Surge’ accelerator program, goes online only this time

Sequoia Capital has announced the third cohort of its India-based accelerator program,…
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 logo on a tent roof

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…