Business Culture & Policy News Startups Byju Raveendran proposes formation of committee to provide strategic guidance in EGM Byju Raveendran, founder of troubled edtech major Byju’s, in a recently held… Soumyadeep SarkarJuly 7, 20232 minute read
Business News Startups PharmEasy to raise ₹2500 crore from Manipal group, others, that includes a significant valuation drop PharmEasy, the health tech startup whose own financial health was pretty bleak… Soumyadeep SarkarJuly 5, 20232 minute read
News Startups Smartstaff raises $6.2Mn in Series A as it expands its blue collar workforce management platform Smartstaff, the Blume Ventures / Nexus VP-backed blue collar workforce management and… Staff@The Tech PortalJuly 4, 20232 minute read
News Startups Paytm ties up with NBFC Shriram Finance to offer small ticket loans to Paytm merchants Paytm, one of India’s largest and most valued fintechs, has now teamed… Soumyadeep SarkarJune 30, 20233 minute read
Global News Startups Inflection AI gets $1.3Bn from Microsoft, Nvidia to expand work on its ‘Inflection-1’ AI model The number and size of investments in startups may have waned in… Soumyadeep SarkarJune 30, 20233 minute read
Culture & Policy News Startups Byju’s Byju Raveendran addresses crisis at employee townhall, assures strong comeback Edtech major Byju’s is not having the best of times right now,… Soumyadeep SarkarJune 29, 20233 minute read
Electric News Startups Two-wheeler EV maker Oben Electric secures another $5Mn in pre-Series A round Bengaluru-based EV startup Oben Electric has raised a total of ₹40 crore… Soumyadeep SarkarJune 29, 20232 minute read
Acquisitions Global News Startups Visa acquires Brazilian payments startup Pismo in a staggering $1Bn all-cash deal In a groundbreaking move, fintech giant Visa has announced that it has… Soumyadeep SarkarJune 29, 20232 minute read
Gadgetry News Startups Carl Pei’s ‘Nothing’ gets $96Mn ahead of Phone (2) launch Carl Pei’s Nothing – the London-based consumer tech brand founded by former… Soumyadeep SarkarJune 28, 20233 minute read
News Startups Venture Capital Arkam Ventures targets $180 million for its second fund Early-stage VC firm Arkam Ventures – portfolio of whom houses companies such… Soumyadeep SarkarJune 27, 20232 minute read
Business News Startups Byju’s tries to assure investors as it commits to file 2022 earnings by September: Report Last week, edtech decacorn Byju’s lost both it’s auditor – Deloitte –… Soumyadeep SarkarJune 26, 20232 minute read
Culture & Policy News Startups Deloitte resigns as Byju’s auditor, three board members quit Byju’s governance troubles have taken a turn for the worse. Media reports… Soumyadeep SarkarJune 22, 20232 minute read
Business News Startups Fresh round of layoffs come to Byju’s, set to impact over 1000 employees Edtech major Byju’s continues to downsize its workforce – according to media… Soumyadeep SarkarJune 19, 20232 minute read
News Startups Venture Capital Mojocare to downsize operations as investors uncover financial irregularities Amid growing demand for stronger corporate governance in India’s privaetly-funded startups, health-tech… Soumyadeep SarkarJune 19, 20232 minute read
Business News Startups Apple acquires AR headset startup Mira Days after announcing its ‘Vision Pro’ mixed reality headset, Apple has announced… Soumyadeep SarkarJune 7, 20232 minute read
Business News Startups Byju’s sues ‘hawkish, predatory’ lenders over $1.2B term loan, cancels any future payments till resolution EdTech giant Byju’s has recently filed a lawsuit against its lenders concerning… Staff@The Tech PortalJune 6, 20233 minute read
Business News Startups Byju’s says it will aim for an IPO for test-prep arm Aakash in 2024 Aakash, the offline test preparation giant that Byju’s acquired in 2021 for… Staff@The Tech PortalJune 5, 20232 minute read
News Startups Venture Capital T. Rowe Price slashes value of its stake in Canva by 67.6% Adding to the slew of tech startup valuation markdowns, global investment management… Soumyadeep SarkarJune 3, 20232 minute read
News Startups Venture Capital Byju’s valuation gets a 62% mark down from Blackrock, now valued at $8.4Bn In a sign of the intensifying funding winter and challenging macroeconomic conditions,… Soumyadeep SarkarMay 30, 20232 minute read
News Startups Venture Capital Fidelity marks-down value of its Meesho investment by 10% In a global economic scenario where tech unicorn valuations are bearing the… Global Staff @ The Tech PortalMay 30, 20232 minute read
News Startups Transportation Ola announces ‘Prime Plus’, comes with ‘top cars’ and ‘no cancellations’ Ola, the other major cab aggregator in India apart from Uber, is… Soumyadeep SarkarMay 29, 20233 minute read
