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Financial Rollercoaster of India’s Tech Startups FY23: Top Gainers and Losers!

India is witnessing a steady rise in new startups each year, positioning the country as the fastest-growing hub for various sectors, including technology, e-commerce, retail, fintech, and quick grocery delivery. Although a significant number of Indian startups is yet...

3.6 Lakh Employees Parted Ways with Indian Startup Unicorns: Bengaluru Takes Lead in Net Layoffs

The Indian startup ecosystem has witnessed significant churn between September 2022 and July 2023, as revealed by the latest data from PrivateCircle Research. A whopping 3.6 lakh employees across 111 Indian startup unicorns have left their jobs during the...

India Tech Funding Winter: Q3 2023 Records Lowest Startup Funding with 54% YoY Drop

The Indian startup ecosystem continues to grapple with long-lasting funding winter, and there are no signs of thawing. Following a surge in tech funding in Q4 2022, tech startups have experienced a consistent decline in investment in all three...

IIT Bombay’s Eureka! 2023: The Biggest Opportunity For Startup Entrepreneurs

The Entrepreneurship Cell, IIT Bombay, Asia's largest student-run entrepreneurship body, is back with its much-awaited 26th edition of Eureka! With a legacy of 25 years, this competition has been a catalyst for young founders and leaders, offering them invaluable...

IPO Funding Rollercoaster: A 26% Dip in H1 FY24, as BFSI and New-Age Tech Firms Taken A Backseat

In the dynamic world of Indian finance, the first half of the fiscal year 2023-24 (H1 FY'24) has brought forth intriguing trends in initial public offerings (IPOs) and public equity fundraising. According to the PRIME Database, Indian companies took...

PhonePe Share.Market App: A Disruptive Force Poised to Challenge Zerodha’s Dominance in the Indian Stock Broking Market?

Zerodha, the stock brocking king of India, now finds itself in the midst of an exciting battle for supremacy. And this rival is none other than PhonePe, the UPI giant backed by the retail powerhouse Walmart, Inc. It's a...

From Unicorns to Thrift Warriors: How Indian Startups Slash Appraisals in a Battle for Survival

In the wake of the Covid-19 pandemic, Indian companies, particularly the much-celebrated startup unicorns, have found themselves caught in a whirlwind of financial woes. Layoffs, drying funding, lack of talent and work-from-home challenges have become the order of the...

Narayana Murthy labels investors’ approach to Indian startups as a Ponzi scheme

India's startup ecosystem is rapidly evolving, offering a wealth of opportunities for entrepreneurs to disrupt industries, drive innovation, and make their mark in the global market. According to N R Narayana Murthy, a co-founder of Infosys, the venture capitalist...

The Indian fintech startup Cashfree Payments acquired Zecpe to improve shopping experiences

Cashfree Payments, an online payment platform, has acquired Zecpe, for an undisclosed amount. With Zecpe's technology, online businesses can improve their checkout conversion rates by simplifying the checkout process for customers. In a press release on February 28, 2023,...

Government’s big decision for Indian startups to boost the fundraising activity this year!

There is good news for all Indian startup entrepreneurs. The government of India has extended the timeline for startups to convert debt investment into equity shares by up to ten years, According to a press note from the DPIIT...
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The New TikTok Feature Must Be Making Google’s Leadership Team Anxious

TikTok is aiming at YouTube again! After dominating the short-form video content space, which has made a notable dent...
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