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Now Sequoia warns of “crucible moment” for startups, advises them to focus on profitability

This will not be a “V-shaped” recovery, and today’s monetary and fiscal policy tools, according to Sequoia, will force cuts in its portfolio and measures to conserve cash.
Upbit breach suspected to be tied to Lazarus

Despite crypto gloom, Andreessen Horowitz announces massive new web3 fund at $4.5Bn

Even after weeks of turbulence, the future of the crypto market continues…

Apple set to enforce in-app account deletion guideline from June 30th

Ahead of the WWDC 2022, Apple has sent app publishers on App…

Microsoft’s “Project Volterra” brings support for ARM-powered AI chips to Windows

At its Build 2022 annual developer conference, Microsoft has unveiled ‘Project Volterra’,…
Apple Google patch sophisticated zero-day attacks

Google Lens comes to Chrome on desktop, will let users search via images without opening a new tab

Google Lens has always been a feature that is a fan favourite…

Google celebrates Street View’s 15th birthday launch of historical imagery and more

With over 220 billion Street View images from over 100 countries and…

Logistics unicorn Delhivery lists at 1.7% premium, ends debut day 10% high despite bearish market

Delhivery, the unicorn upstarts that has made aggressive strides in India’s $200Bn…
Delhi-NCR tops Zomato 2025 orders

Zomato’s net loss and expenses increase in Q4 FY22, strong revenue growth too

Despite an underwhelming growth in Q3 FY22, Zomato CEO Deepinder Goyal believes…

1K Kirana raises $25Mn for its hyperlocal ‘kirana’ stores aggregation platform

1K Kirana, founded by Kumar Sangeetesh, Abhishek Halder and Sachin Sharma, primarily serves as a distribution network for local departmental stores in order to alleviate their struggles of acquiring inventory at the best price available.
Paytm settles SEBI case over ESOPs

Paytm releases Q4’22 results, revenue grows 89% YoY but losses widen

Paytm’s merchant base grew to 26.7 million merchants and its loss increased from ₹441.8 crores in the same quarter last year to ₹761.4 crores in Q4 FY 2022.

WhatsApp opens its Cloud API for all small businesses

With WhatsApp Cloud API, businesses will be able to build a customized dashboard to chat with customers quickly and offer customer services, and they can do all of this without having to pay a single penny.
CarTrade

Cars24 lets go of 600 employees citing “business as usual, performance linked exits”

Indian start-up land is facing layoffs from all directions. Online used car…
Netflix revenue up, forecast raised

Netflix struggling to maintain long term subscribers, says new report

Quite possibly the biggest issue, which could well be behind Netflix’s loss in long term subscription base, is the steady increase in its subscription price.

a16z launches inaugural $600Mn fund, dedicated to invest in the gaming industry

The new vertical $600 million fund, which a16z has been working on for nearly a decade, will be led by Andrew Chen, Jon Lai, and James Gwertzman, general partners at a16z.

Ola to scale down Ola Foods, some cloud kitchen brands to integrate with Ola Dash

In 2015, Ola made its first venture into the food delivery business with Ola Cafe, its 20-minute food delivery service. However, it did not take off and was soon shut down.

Amazon launches Smart Commerce to digitise small stores across India

Amazon’s goals for India have been well on pace for timely completion. India has already accounted for $5 Billion in exports via Amazon, and is on pace to reach $20 billion by the year 2025.

HappyLocate taps $1.1Mn in pre-Series A to help companies avoid employee relocation hassles

Let’s face it, relocation for a new job — both from your…