Startups

Zomato Beefs Up Valuation Prior To IPO In Its Latest Fundraising Round!

Before heading to the stock market with an IPO, the homegrown food delivery startup Zomato beefs up its valuation by raising a whopping $250 million as an investment. According to a regulatory filing by...

Bounce Layoff: Bike Rental Startup To Pivot Into New Vertical

Bike-rental startup Bounce has laid off a massive chunk of its workforce in a bid to survive amid continued low demand for shared mobility 11 months post the pandemic fuelled lockdowns. According to people...

Rapido Launches Bike Rental Service With Dedicated Chauffeur On Hourly Basis

After securing the pole position in the bike taxi market in India, Rapido is, once again, trying to disrupt the two-wheeler rental market with bike rental service that people can use on an hourly basis.

Amid Massive Layoffs and Paycuts, Indian Startups Headcount Increased By 35% During Pandemic!

In the pandemic fuelled past year, while most big organisations scaled down their operations and announced massive layoffs and pay cuts, Indian startups recorded a growth of a whopping 35% in headcount instead. What...

Startups Rejoice: Gets One More Year Extension For Startup Holiday Tax

After going through a horrendous 2020 filled with a massive number of shutdowns and layoffs due to the COVID-19 pandemic, startups can now rejoice. The budget 2021 brought about a much-needed boost required to resume operations in...

Why Students Start Their Own Startups At University!

There is no secret that many students started or have the intention to start their own startups during studying. The university is the place where students gather more information, develop and improve their skills and knowledge. Besides,...

Indian Startups Are Gearing Up to Make the Most of 2021

2020 was a year full of strangeness and uncertainty for people and economies alike. Due to the pandemic, the prospect of profit and investment dwindled for many companies, especially startups. The first half...

Backed By Microsoft And Google, DailyHunt Is India’s Newest Tech Unicorn!

India just got its new tech unicorn all thanks to Google and Microsoft! Dailyhunt’s parent company Verse Innovation recently raised more than $100 million from Microsoft, Google and Falcon Edge’s Alpha Wave Incubation along...

BigBasket Is The Latest Victim Of CyberAttack In India: Fundraising Deals To Go Awry?

It seems like BigBasket, the online grocery store, had to recently divert its attention from its financing-round woes to do damage control from a severe and colossal setback. According to Cyble, which is a...

US Funds Slash Ola Valuation By Half, While Paytm Loses 25% [REPORT]

The top executives of Ola and Paytm must be disappointed. As the waves of the pandemic slowly recede from the shores of pandemic-hit businesses, they reveal the debris left behind. While some have...

Latest News

Facebook Continues Taking A Jab At Apple With New Marketing Campaign

Even after a month of attacking and accusing Tim Cook Zuckerberg is still very much fizzle out...

Xiaomi Levels Up On India Manufacturing: 99% Smartphones Are Made In India

Xiaomi really is digging its heels to live up to a commitment. One of the first adopters of the...

After SMS, WhatsApp Now Becomes A Threat To Cell Calling: 1 Billion And Counting

It already buried the SMSes in the ground. Now, traditional cellular calling is next on the hit list. The number of WhatsApp...

Flipkart Quickly Learns From the Mistake Amazon Did: Setting Up A Level Playing Field For Sellers!

Unlike Amazon which allegedly implemented unethical strategies to tackles India’s FDI policy for e-commerce marketplaces, Flipkart plans to do it right!

Facebook’s $1 Billion Commitment To The News Industry: An Effort To Defuse The Situation!

Barking dogs seldom bite! After agreeing to reverse the news ban for Australian users, now Facebook is finally...