Startups

The relentless impact of the Covid-19 pandemic has thrown countless businesses and individuals into a whirlwind of trouble. One such company is NestAway, the Indian e-commerce platform for shared home rentals. The impact has been so severe that NestAway,...

Creditors engaged in negotiations with Byju's, India's most valuable startup, have abruptly ended discussions related to restructuring a $1.2 billion loan, adding to the mounting challenges faced by the beleaguered edtech startup. Citing some unknown sources, Bloomberg reports the talks...

Byju's once again finds itself in hot waters. The latest blow comes from none other than Blackrock, the world's largest asset manager, who has dramatically reduced Byju's valuation for the second time in just three months this year. India's...

Enforcement Directorate raided the premises of Raveendran Byju, CEO of Bengaluru-based edtech startup unicorn BYJU’s. The searches were carried out for allegedly violating laws governing foreign funding. The investigation agency searched two business premises and one residential property in...

After unprecedented exposure and celebration of entrepreneurs, the dust is finally settling down. The number of incidents related to corporate misgovernance, financial irregularities, and misleading investors and acquirers by startup entrepreneurs is at an all-time high. In the latest...

Investment in Indian startups has started drying up since the second half of 2022, owing to massive layoffs and global economic uncertainty. However, Indian startup entrepreneurs took a sigh of relief last month as the total investment in Indian...

Indian startups are hiring despite the flurry of tech layoffs and market uncertainty that has forced most tech giants to seize their hiring process. According to the latest survey by Randstad India and the Federation of Indian Chambers of Commerce...

Another Indian startup has put its IPO plan on hold, for an indefinite period. The much-talked Mamaearth IPO is the latest one facing the heat due to tough market conditions. Mamaearth, an Indian skincare startup, has reportedly delayed its initial...

When Byju's acquired WhiteHat Jr for a whopping $300 million two years ago, little did anyone know that the runway for the coding platform would soon be cut short by India's most valued, as well as most controversial, startup. Citing...

The Delhi government has dealt a blow to cab aggregators like Ola, Uber, and Rapido, announcing an immediate ban on bike taxi services. According to a notice released by the Delhi transport department, two-wheelers that bear non-transport (private) registration...