Culture & Policy News Startups Unacademy slashes workforce by 12% in fresh layoffs Online learning platform, which has been struggling off late on the business… Soumyadeep SarkarMarch 31, 20232 minute read
News Startups Flipkart-parent Walmart puts $200Mn in digital payments major PhonePe Fintech major PhonePe has secured an additional $200 million from its parent… Soumyadeep SarkarMarch 18, 20232 minute read
Global News Startups Stripe’s latest $6.5Bn fundraise puts valuation at $50Bn Digital payments giant Stripe announced on Wednesday, that it has signed agreements… Soumyadeep SarkarMarch 16, 20233 minute read
Internet News Startups Lenskart raises $500Mn from Abu Dhabi Investment Authority (ADIA) Confirming reports from last week, Lenskart has confirmed raising a $500Mn round… Staff@The Tech PortalMarch 16, 20232 minute read
Internet News Startups Venture Capital Y Combinator cuts jobs by 20%, to cut down on late-stage investments Startup-accelerator Y Combinator is joining the layoff brigade if the latest development… Soumyadeep SarkarMarch 14, 20232 minute read
Business Global News Startups HSBC is acquiring Silicon Valley Bank UK, says customers can bank as usual, all deposits safe In what is a last-minute deal of relief for a large chunk… Global Staff @ The Tech PortalMarch 13, 20232 minute read
Culture & Policy News Startups Venture Capital VCs step up to provide financial support to startups in the midst of SVB collapse The world of entrepreneurship is often associated with risk-taking and uncertainty, but… Soumyadeep SarkarMarch 13, 20233 minute read
News Startups Zomato tries hand at affordable daily meals delivery through ‘Zomato Everyday’ Zomato is looking to try its hand at a brand new delivery… Staff@The Tech PortalFebruary 22, 20232 minute read
News Startups PhonePe lands another $100Mn as a part of its $12Bn valued ongoing round Indian fintech major PhonePe has secured an additional $100 million in primary… Soumyadeep SarkarFebruary 14, 20232 minute read
Business News Startups InsuranceDekho nabs $150Mn from Goldman Sachs, TVS Capital, plans expansion in Tier 3/4 towns across India At a time when the funding winter has made it difficult for… Soumyadeep SarkarFebruary 14, 20232 minute read
Business News Startups Drone upstart Garuda Aerospace gets $22Mn in Series A With the promising future of the Indian drone industry, it is unsurprising… Soumyadeep SarkarFebruary 14, 20232 minute read
Culture & Policy News Startups Byju’s fires more staff in fresh round of layoffs: Report The funding winter, which has been specially severe for India’s high profile… Soumyadeep SarkarFebruary 2, 20232 minute read
News Startups Zomato reintroduces Gold with free deliveries, VIP access, and more The streak of Zomato’s loyalty programme has been marred with discontinuations and… Soumyadeep SarkarJanuary 25, 20232 minute read
Electric News Startups Oil & gas major Petronas backs Indian battery-tech startup Log9 in $40Mn Series B fundraise Petronas, the Malaysian oil & gas major, has backed Log9, an Indian… Staff@The Tech PortalJanuary 23, 20232 minute read
News Startups PhonePe gets $350Mn in latest round from General Atlantic, valued at nearly $12Bn Fundraising hasn’t been as bright as it was during 2021 for Indian… Staff@The Tech PortalJanuary 19, 20232 minute read
Health News Startups Breathe Well-being, a healthtech platform that helps cut down Type 2 Diabetes medication, gets $6Mn from General Catalyst, others India, for a significantly long time, has been among top 3 nations… Staff@The Tech PortalJanuary 19, 20232 minute read
News Startups Enterprise AI upstart Mad Street Den raises $30Mn led by Avatar Growth Capital Artificial intelligence (AI) and computer vision-focused startup Mad Street Den has scooped… Soumyadeep SarkarJanuary 18, 20232 minute read
Culture & Policy News Startups GoMechanic, the Sequoia India-backed auto services startup, lays off 70% employees amid financial misreporting In a story that would once again highlight the “growth at all… Staff@The Tech PortalJanuary 18, 20232 minute read
Microsoft News Startups Microsoft leads investment in cloud-based HR tech unicorn Darwinbox Microsoft has made an equity investment in Hyderabad-based HR tech unicorn Darwinbox.… Soumyadeep SarkarJanuary 17, 20232 minute read
Culture & Policy News Startups ShareChat lays off nearly 500 employees amid cost-cutting measures In the latest instance of employees finding themselves out of a job… Soumyadeep SarkarJanuary 16, 20233 minute read
Culture & Policy News Startups ‘Restructuring exercise’ results in Ola laying off 200 employees Whether it be 2022 or 2023, some things just do not seem… Soumyadeep SarkarJanuary 13, 20232 minute read
