indian startups
Brief
India’s Unicorn Startups on a Hiring Spree: 25,000 New Faces Join the Workforce Despite Challenges
Dazeinfo -
The Indian startup ecosystem continues to exhibit a robust appetite for skilled talent, particularly evident in unicorn startups valued at over $1 billion. In the past year alone, India's top 15 unicorns have let go of their 33,000 underperforming...
Brief
PE Investments in India Plunged Over 30% YoY in 2023: Investors Bet Big on Growth and Late-Stage Ventures
Dazeinfo -
In 2023, Indian enterprises and startups encountered significant challenges in terms of investments and strategic business expansion, as revealed in PWC India's latest report titled "Deals at a Glance." The report paints a stark picture of a substantial decline...
Brief
ED Tightens the Noose Around Byju’s Founder: Puts His Travel Plans Under Lens
Dazeinfo -
Byju's, already grappling with financial challenges, now faces an additional obstacle as its founder, Byju Raveendran, comes under suspicion of contemplating an exit from India. Citing sources, the Economic Times reported that the Enforcement Directorate (ED) has prompted the...
Brief
Byju’s May Have to Shutter All Major Offices Across India: Defaults on Rent, Receives Multiple Legal Notices
Dazeinfo -
Byju's has been grappling with a financial storm for quite some time, prompting it to take significant measures to weather the challenges. In the latest move, the edtech firm has downsized its office space in Bengaluru as part of...
Brief
OYO IPO Plan in Doldrums: Is it Valuation Blues or Something More?
Dazeinfo -
OYO, India's hospitality startup that once aimed for a grand public debut, is reportedly finalizing plans to withdraw its IPO application filed with SEBI (Securities and Exchange Board of India). This unexpected detour throws their public listing aspirations into...
Brief
Paytm Shares May Plunge to Rs 275 As Brokerage Firms Forecast Bleak Future
Dazeinfo -
Paytm, once anticipated to be India's most successful IPO in corporate history, is currently grappling with a substantial downturn in its market performance. Today, on February 13, 2024, the fintech company's stock declined 10%, reaching a historic low of...
Brief
Most Valued Indian Companies 2023: Policy Bazaar and Zomato Take the Crown as Fastest-Growing Listed Unicorns
Dazeinfo -
The Indian corporate sector has undergone a dynamic transformation in recent years, with established industry leaders maintaining their dominance while innovative newcomers leave their mark. The latest Burgundy Private Hurun India 500 list presents an interesting data-driven perspective on...
Brief
Mounting Challenges for Paytm: RBI Maintains Grip, “No Room for Review” on Banking Curbs
Dazeinfo -
Challenges continue to mount for Paytm, India's fintech giant, with no immediate relief in sight. Despite the company's attempts to appease the Reserve Bank of India (RBI), Governor Shaktikanta Das has declared "hardly any room for review" regarding the...
Brief
Paytm Stock Crashes to All-Time Low Since Listing: Analysts Predict Long-Term Pain
Dazeinfo -
Following the RBI's ban on Paytm Payments Bank's services, the share of One 97 Communications fell another 10% on Monday, February 5, 2024, settling at an all-time low at Rs 438.5 since listing. The regulatory challenges intensified with allegations...
Brief
Paytm In Damage Control Mode: Unveils Pivot Plan After RBI Ban
Dazeinfo -
RBI's recent decision to cease Paytm Payments Bank Limited (PPBL) from offering its banking services to customers has faced harsh criticism from many seasonal entrepreneurs and investors. In response, Paytm issued a press release, expressing anticipation of a worst-case...
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Latest News
Amazon Makes Historic Bet on AI: $4 Billion Fuels Anthropic’s Generative Engine
AI investments have skyrocketed in the last three years, with tech giants placing their bets on the transformative power...
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