Thursday, May 26, 2022
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Startups

I don't know what metaverse stands for: Sridhar Vembu

I don't know what metaverse stands for: Sridhar Vembu

Running a profitable Zoho Corp since the day he founded it, CEO Sridhar Vembu always takes a close hard look at opportunities, opting for those he understands well. That, interestingly, explains why he has no plans to enter the metaverse universe

23 May 2022
PM Modi Meets Softbank Chief Masayoshi Son

PM Modi Meets Softbank Chief Masayoshi Son

The Prime Minister is in Japan on a two-day visit to attend a summit of the Quad leaders at the invitation of his Japanese counterpart Fumio Kishida.

23 May 2022

Sustainability Startups Get A Leg-Up From Legacy Firms

AB InBev, Coca-Cola, Unilever and Colgate-Palmolive emphasize the need to bridge the gap between sustainable production and sustainable consumption

CARS24 Lays Off Nearly 600 Employees Months After Announcing ESOPs

CARS24 Lays Off Nearly 600 Employees Months After Announcing ESOPs

It did not elaborate on what are the positions mostly affected by the latest job cuts as a result of its annual performance review that happens around...

19 May 2022

Five Indian Startups Among WEF's Tech Pioneers Community Top 100 List

The list has been announced days before the WEF's annual meeting in Swiss ski resort town Davos from May 22-26.

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10 May 2022
Will Kejriwal’s Gambit Pull Startups Out Of Bangalore? 

Will Kejriwal’s Gambit Pull Startups Out Of Bangalore? 

Arvind Kejriwal wants to make Delhi the startup capital of India and the world. Can the AAP government achieve this feat? 


02 May 2022
Zilingo Says Board Jointly Suspended CEO Ankiti Bose, Not Individual Investor

Zilingo Says Board Jointly Suspended CEO Ankiti Bose, Not Individual Investor

In a strongly-worded statement, the company said Bose made certain harassment-related allegations only after she was suspended on March 31 and no past or...


28 April 2022
PM Modi To Inaugurate Global Patidar Business Summit On Friday

PM Modi To Inaugurate Global Patidar Business Summit On Friday

Prime Minister Narendra Modi will inaugurate the Global Patidar Business Summit on Friday through video conferencing, the PMO said.


28 April 2022
Focus On Tier 2, Tier 3 Cities: DPIIT Secretary To Startups

Focus On Tier 2, Tier 3 Cities: DPIIT Secretary To Startups

Department for Promotion of Industry and Internal Trade (DPIIT) Secretary also called upon startups to look for sustainable solutions for the problems being...


25 April 2022
Zypp Electric Raises $1 Million In Funding Round From Northern Arc

Zypp Electric Raises $1 Million In Funding Round From Northern Arc

Zypp is growing its user base on Zypp rentals at 300 per cent month-on-month with the plans of expansion and investment on more scooters under its fleet.


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19 April 2022
Flipkart Acquires ANS Commerce To Strengthening E-commerce Ecosystem In India

Flipkart Acquires ANS Commerce To Strengthening E-commerce Ecosystem In India

Post the acquisition ANS Commerce will continue to operate as an independent e-commerce solutions platform under its existing leadership team.


16 April 2022
All You Need To Know About Ankiti Bose, Suspended CEO of Zilingo

All You Need To Know About Ankiti Bose, Suspended CEO of Zilingo

Zilingo suspended Bose after an effort to raise new funding led to questions about the company’s accounting


15 April 2022
Rapido Raises $180 Million In Funding Round Led By Swiggy

Rapido Raises $180 Million In Funding Round Led By Swiggy

The round also saw investment from TVS Motor Company, along with existing investors Westbridge, Shell Ventures and Nexus Ventures, the company said in a...


15 April 2022
Rapido Raises $180 Million In Series D Funding Round Led By Swiggy

Rapido Raises $180 Million In Series D Funding Round Led By Swiggy

The round also saw investment from TVS Motor Company, along with existing investors Westbridge, Shell Ventures and Nexus Ventures.


08 April 2022
Ed-tech Firm Unacademy Lays Off Hundreds Of Employees 

Ed-tech Firm Unacademy Lays Off Hundreds Of Employees 

Softbank-backed Unacademy offers a slew of educational products and services through its flagship Youtube channel.


05 April 2022
Spinny Launches Spinny Max To Sell Luxury Segment Pre-Owned Cars

Spinny Launches Spinny Max To Sell Luxury Segment Pre-Owned Cars

Spinny Max, which will operate pan-India with delivery service through 250 cities offering an assortment of over 500 cars.


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02 April 2022
Is The Great Indian Startup Funding Party Coming To An End?

Is The Great Indian Startup Funding Party Coming To An End?

Hammered markets, increased interest rates by the Fed, unabated war – reasons enough to develop cracks in the funding ecosystem for startups


25 March 2022
Number Of Recognised Startups Increases To 65,861: Govt Informs Parliament

Number Of Recognised Startups Increases To 65,861: Govt Informs Parliament

The government had launched 'Startup India' initiative on January 16, 2016, with an aim to build a stronger ecosystem for nurturing the startup culture


23 March 2022
Virat Kohli Invests In Startup Rage Coffee

Virat Kohli Invests In Startup Rage Coffee

The city-based startup, however, did not disclose the amount of investment made by Kohli


20 March 2022
IT Department Detects Rs 224 Crore Undisclosed Income By Start-Up Firm Infra.Market

IT Department Detects Rs 224 Crore Undisclosed Income By Start-Up Firm Infra.Market

The searches were launched on March 9 at the firm's 23 premises in Maharashtra, Karnataka, Andhra Pradesh, Uttar Pradesh and Madhya Pradesh.


20 March 2022
Startups Get Up To 10 Years For Converting Debt Investment Into Equity

Startups Get Up To 10 Years For Converting Debt Investment Into Equity

Earlier the option of changing convertible notes into equity shares was allowed for up to five years from the day when the initial convertible note was issued.


15 March 2022
Zomato-Blinkit Enter All Stock Merger Deal: Report

Zomato-Blinkit Enter All Stock Merger Deal: Report

Blinkit, which was earlier known as Grofers is currently undergoing a severe cash crunch and has shut down approximately 40 dark stores, and laid off its...


12 March 2022
Govt Launches Initiative To Push Start-Ups In Water Sector

Govt Launches Initiative To Push Start-Ups In Water Sector

“Start-ups are the flavour of the season, as the number of ‘unicorns’ in the country has jumped, by leaps and bounds,” the minister said.


12 March 2022
Why Indian Start-Ups Outlive Global Shocks Like Russia War Or US Fed Actions

Why Indian Start-Ups Outlive Global Shocks Like Russia War Or US Fed Actions

Emerging geopolitical equations and the strength of the start-up ecosystem in the country have made venture funds bullish on India. Their optimism may not be...


09 March 2022
IPO-Bound Mobikwik Posts First-Ever Profit In December Quarter, Says Upasana Taku

IPO-Bound Mobikwik Posts First-Ever Profit In December Quarter, Says Upasana Taku

The company recorded a profit of around Rs 7 crore in the third quarter of 2021-22, after losing money in the first and second quarters.


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