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Valar Ventures-backed Simpl lays off 100 employees, sets timeline to turn profitable

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08 May, 2024

Valar Ventures-backed Simpl lays off 100 employees, sets timeline to turn profitable

Valar Ventures-backed buy-now-pay-later platform Simpl has laid off nearly 100 employees across verticals as part of cost-cutting measures, people aware ......

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Ola gets a breather after sharp valuation cut ahead of planned IPO

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07 May, 2024

Ola gets a breather after sharp valuation cut ahead of planned IPO

An Ola investor that last year slashed the Indian company’s valuation to a level seen nearly a decade ago has ......

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Verlinvest's venture capital arm V3 eyes stake in local kitchenware startup

Consumer

07 May, 2024

Verlinvest's venture capital arm V3 eyes stake in local kitchenware startup

V3 Ventures, the venture capital arm of Belgian investment company Verlinvest and a backer of several homegrown direct-to-consumer brands, is ......

UK's BII leads $19 mn round for EV infra startup Charge Zone

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30 April, 2024

UK's BII leads $19 mn round for EV infra startup Charge Zone

Charge Zone, an electric vehicle (EV) charging startup, has raised $19 million (Rs 158 crore) in a funding round from ......

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Stakeboat-backed tech platform strikes first acquisition

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23 April, 2024

Stakeboat-backed tech platform strikes first acquisition

A technology investment platform created by mid-market private equity firm Stakeboat Capital to make acquisitions in engineering design and niche ......

Grey collar training, recruitment platform Beyond Odds raises $11 mn in seed round

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18 April, 2024

Grey collar training, recruitment platform Beyond Odds raises $11 mn in seed round

Grey-collar training and recruitment platform Beyond Odds has raised $11 million (Rs 91.5 crore) in a seed funding round.    The ......

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Peak XV-backed Skillmatics to increase focus on domestic sales amid tailwinds

Consumer

17 April, 2024

Peak XV-backed Skillmatics to increase focus on domestic sales amid tailwinds

Direct-to-consumer brand Skillmatics, which manufactures and retails educational games for children, is gearing up to boost its Indian story as ......

Ola to stop ride-hailing operations in international markets

TMT

09 April, 2024

Ola to stop ride-hailing operations in international markets

Ola said on Tuesday it was exiting its ride-hailing businesses in the UK, Australia and New Zealand as the startup ......

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How India's top-funded startups curbed cash burn as VC funding slowed

TMT

09 April, 2024

How India's top-funded startups curbed cash burn as VC funding slowed

India’s top-funded startups reduced their average monthly cash burn rate in the financial year ended March 2023, as they reined ......

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Indian startups' income from VC cash lying in bank deposits, mutual funds jumps again

TMT

03 April, 2024

Indian startups' income from VC cash lying in bank deposits, mutual funds jumps again

India’s top technology startups generated high non-operating revenue for the second year in a row during the 12 months through ......