News Startups Venture Capital PharmEasy’s ₹3,500 crore rights issue oversubscribed, co-founder Siddharth Shah to have 3-year lock-in for remaining stake Fresh details are emerging from PharmEasy’s much sought after rights issue. The… Soumyadeep SarkarNovember 1, 20232 minute read
Business News Startups WeWork reportedly close to filing bankruptcy, stock hits rock bottom WeWork, yet another story of a startup riding high on valuation bubble… Soumyadeep SarkarNovember 1, 20233 minute read
News Startups Unacademy CFO Subramanian Ramachandran steps down The edtech industry in India, once characterized by rapid growth and high… Soumyadeep SarkarOctober 31, 20232 minute read
Business News Startups Mamaearth parent Honasa’s ₹1,701 crore IPO to launch on October 31 Honasa Consumer Ltd., the parent company of D2C upstart Mamaearth, has officially… Soumyadeep SarkarOctober 29, 20232 minute read
Electric News Startups Ola Electric raises ₹3,200 crore in equity and debt from SBI, Temasek, others Ola Electric is racing towards its gigafactory dream. In a groundbreaking fundraising… Soumyadeep SarkarOctober 26, 20233 minute read
News Startups Venture Capital Vijay Shekhar Sharma launches ₹30 crore ‘VSS Investments Fund’, focus on AI, EVs Vijay Shekhar Sharma, the founder and CEO of fintech major Paytm, has… Soumyadeep SarkarOctober 23, 20232 minute read
News Startups Showroom B2B gets $6.5Mn to ease supply chain bottlenecks in India’s $50Bn unbranded clothing industry While you would mostly hear people talking about how e-commerce has become… Deepanshu KhandelwalandStaff@The Tech PortalOctober 23, 20232 minute read
Business News Startups Paytm reports 32% surge in revenue, narrows loss in September quarter Paytm parent One97 has reported yet another decent financial quarter. The fintech… Soumyadeep SarkarOctober 20, 20232 minute read
News Startups PE firms show interest in potential stake in Byju’s owned Aakash More than two years after embattled edtech major Byju’s acquired tutorial chain… Soumyadeep SarkarOctober 20, 20233 minute read
News Startups Peak XV backs wealth management startup Neo with $35Mn Venture capital firm Peak XV Partners, formerly known as Sequoia Capital India,… Praneetha BandaruOctober 19, 20232 minute read
News Security Startups Fingerprint secures $33 million in Series C for its device intelligence and fraud prevention tech Fingerprint has announced raising of a new $33Mn Series C round, as… Praneetha BandaruOctober 18, 20233 minute read
News Startups Invesco is increasing Swiggy’s valuation by 42% to $7.85 billion In an otherwise dull tech startup fundraising environment, Swiggy is getting a… Soumyadeep SarkarOctober 18, 20232 minute read
News Startups InsuranceDekho gets $60Mn in latest Series B from MUFG, Goldman & others, its second fundraise this year InsuranceDekho, the insurtech platform that lets consumers compare and buy insurance in… Staff@The Tech PortalOctober 11, 20232 minute read
News Startups Fast-Fashion startup Virgio, valued at $160Mn in last fundraise, announces abrupt pivot, a year after launch When it had launched last year, it was expected that fashion platform… Soumyadeep SarkarOctober 9, 20232 minute read
News Startups B2B upstart Bizongo secures $50Mn in fresh capital Mumbai-based B2B vendor-digitisation platform Bizongo has successfully secured a fresh $50 million… Soumyadeep SarkarOctober 4, 20232 minute read
News Startups In a first, fintech unicorn Slice and North East Small Finance Bank announce merger, RBI approves In what is a first in India’s financial sector space, and could… Soumyadeep SarkarOctober 4, 20233 minute read
News Startups Venture Capital Greylock Partners launches $1Bn fund with focus on early-stage startups Greylock Partners has revealed its latest fund – Greylock 17 – which… Soumyadeep SarkarOctober 4, 20232 minute read
News Startups Dunzo co-founder Dalvir Suri, also head of B2B business, leaves firm amid restructuring Dunzo, the embattled quick commerce startup which has been in the news… Soumyadeep SarkarOctober 3, 20232 minute read
A.I. News Startups OpenAI mulls share sale, reportedly at a $80-90 Bn valuation If media reports are to go by, OpenAI the parent for the… Soumyadeep SarkarSeptember 27, 20232 minute read
Culture & Policy News Startups Byju’s plans 4k-5k job cuts in restructuring move: Reports Byju’s, once a shining beacon of success in the Indian startup ecosystem,… Soumyadeep SarkarSeptember 27, 20232 minute read
A.I. News Startups Amazon to invest up to $4 billion in AI upstart Anthropic Recent times have seen companies make moves to carve a large slice… Soumyadeep SarkarSeptember 25, 20232 minute read