Startups

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 lead to this surge in hiring...

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 a post-pandemic...

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, students are...

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 of the year saw thousand of...

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 with their existing investors Sofina Group...

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 cyber intelligence firm, the e-grocer startup...

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 managed to get by, others have...

Tata Group To Acquire 50% Stake In BigBasket: A Winning Edge Against JioMart?

The Tata Group has apparently found its winning edge against Ambani's JioMart and might add this newfound opportunity to their shopping list for its super app! According to some individuals in the know, the salt-to-software services conglomerate is currently in...

Investment In Edtech Startups 2020: Record $4.9 Billion And Still Counting

Whilst the entire world spent the better half of 2020 locked indoors and practising social distancing, online education startups skyrocketed globally! Let’s dig deeper into it. According to a report from CB Insights which is a market intelligence platform, startups...

OYO Gets New CEO And Merger To Boost Its Business In Japan

The hospitality industry has been one of the worst-hit due to COVID-19. The pandemic left the sector heavily crippled and forced many businesses to take some really tough decisions. OYO is no exception! It is reported that the Indian-origin...
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Ola IPO: The Optimisation Mode is On As Two C-Level Execs Depart In Just One Month

When a company prepares for its initial public offering (IPO), it typically undergoes various transformations, often including cost-cutting measures...
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