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Spotlight: How funding delay, legal woes and layoffs are hampering UpScalio's growth story

TMT

08 May, 2023

Spotlight: How funding delay, legal woes and layoffs are hampering UpScalio's growth story

Sooner or later, every business faces a day of reckoning. For many consumer-focused startups, that day is now coming closer ......

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Layoffs at startups continue in 2023 amid funding winter

TMT

18 January, 2023

Layoffs at startups continue in 2023 amid funding winter

Indian startups continued to lay off employees in 2023, with at least 11 tech startups firing 1,400 employees in the ......

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Thrasio-styled UpScalio in talks to raise $30-50 mn

TMT

09 September, 2022

Thrasio-styled UpScalio in talks to raise $30-50 mn

UpScalio, a Thrasio-style venture that finances e-commerce brands, is looking to make its investments across sports and fitness, baby and ......

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Deals Digest: Companies raise $875 mn this week, Amagi turns unicorn

Finance

17 March, 2022

Deals Digest: Companies raise $875 mn this week, Amagi turns unicorn

Companies raised $875 million in venture capital (VC) and private equity (PE) funding this week, and media software-as-a-service (SaaS) business ......

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What's making Thrasio-like startups click in India?

Consumer

10 December, 2021

What's making Thrasio-like startups click in India?

On December 6, UpScalio announced an investment of an undisclosed sum in four auto accessories brands--Autofurnish, Destorm, Urban Lifestylers, and ......

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We will invest in 15 companies by next March: Upscalio's Gautam Kshatriya

Consumer

14 November, 2021

We will invest in 15 companies by next March: Upscalio's Gautam Kshatriya

Thrasio-style ventures, seeking to replicate the ecommerce model made popular by Massachusetts-based start-up Thrasio, have mushroomed during the pandemic in ......

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Falcon Edge managed Alpha Wave bets on multi food brand

Consumer

10 September, 2021

Falcon Edge managed Alpha Wave bets on multi food brand

Alpha Wave Incubation, a $300 million single-LP venture fund anchored by Abu Dhabi’s ADQ and managed by Falcon Edge Capital, ......

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Kunal Shah, several startup execs back Thrasio-style startup

Consumer

15 June, 2021

Kunal Shah, several startup execs back Thrasio-style startup

Cred founder Kunal Shah, BharatPe group president Suhail Sameer and other marquee angel investors have invested in a Thrasio-style startup ......