Sequoia

Sequoia Capital puts GoMechanic under forensic audit: Founder admits financial irregularities, fires 70% of the workforce

One after another after another; a number of Sequoia Capital's portfolio companies are found to be indulged in serious financial irregularities, and the latest one that is added to the list is GoMechanic, an automobile after-sales service startup. On January...

VC funding in Indian startups 2022: Late-state funding declined over 50%

The venture capital funding for Indian tech startups has dried up in 2022, after shattering all previous records in 2021. The VC investment in Indian startups dropped a notable 32.5% YoY in 2022, to just $23.95 billion, according to...

Ashneer Grover’s ‘investors-free’ startup: Third Unicorn

: Ashneer Grover and his wife Madhuri Jain founded their new startup known as Third Unicorn Private Limited. The company is incorporated on July 6, 2022. Currently, the newly-formed startup has no directors other than Ashneer and Madhuri. On his...

Accel to invest $650 million in startups: Parks 90% for early stage startups

The excitement & enthusiasm of investors for investing in startups is far from over despite a few recent setbacks, including Paytm IPO fiasco. Accel, a venture capitalist firm that is known for backing startups at an early stage, has...

OYO IPO: A lucrative bet after a significant cut in valuation?

The far-reaching impact of Paytm IPO debacle has started appearing as the Indian startup unicorns, who were in celebration mode after SEBI relaxed the norms for startups to go public, are now facing the brunt of the market. OYO...

Has Ashneer Grover realised that he is fighting a lost battle?

Last week Ashneer Grover, co-founder & MD of BharatPe, the fintech unicorn, made a bold move by setting up his terms straight. With 'my way or the highway' attitude, he asked the board of BharatPe to buy out his...
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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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