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Startups

4548 posts

Swiggy to lay off 1100 employees as COVID-19 blunts hospitality

Covid 19 has crippled the foundation of the economical world as it…

Accenture acquires India’s Byte Prophecy for its AI powered business insights and data analytics solution

IT major Accenture has announced the acquisition of Byte Prophecy, a little…
Zomato

Zomato to lay off 13% staff as hospitality sector bears the brunt of COVID-19’s economic fallout

“We need to make sure that we preserve as much cash as…

SaaS startup SirionLabs lands $44 million in latest round led by Tiger Global and Avatar Group

With VC funding in India taking a dive because of coronavirus, fresh…

Taiwan-based M17 grabs $26.5Mn in Series D to take its interactive streaming platforms to Japan, U.S.

M17 Entertainment, the Taiwan based startup that runs a slew of popular…

Validus lands $20Mn in fresh capital for its SE Asia focused SME lending platform

Singapore based Validus, a Fintech startup that helps SME access easy financing…

Logistics aggregator Shiprocket lands $13Mn to ease ecommerce delivery for small and medium enterprises

Shiprocket, a logistics aggregator platform that helps small and medium sized retailers…

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…