Startups

After suffering through a year plagued with lockdowns, business slowdown and layoffs, Indian firms have begun 2021 on a positive note. According to the data released by Venture Intelligence, Indian companies have been able to garner a whopping $11.9 billion...

An IPO for Indian startups is believed to be a long and complicated journey by many successful entrepreneurs in India. But equations are changing fast! India wants its homegrown startups to go public with ease and list on the...

India’s startup ecosystem has largely been unhindered by the pandemic in 2020. The country attracted a lot of eyeballs in terms of investor interest, all thanks to the prowess demonstrated by Indian startups turning unicorns along with the massive private equity...

The Indian homegrown hospitality startup unicorn OYO Hotels & Homes has recently decided to cut off its underperforming assets in a bid to improve profitability. According to multiple people familiar with the developments, the Ritesh Agarwal-headed company has let go...

The times are rosy and Bumble is certainly feeling the love! After causing a stir aplenty with its first date with an IPO, Bumble, a social media company operating two dating apps, has also had the Wall Street analysts beat...

The Delhi HC has awarded Indian startups with a much-needed respite from angel tax! Many startups, for a variety of reasons, are extremely overvalued at times. However, the Delhi High Court has refused to tag them all as bad apples. Quite...

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 one of Zomato’s earliest investors Info...

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 in the know, Wickedride Adventure Services...

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. Today, Rapido has announced that...

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 lead to this surge in hiring...