Startups

PhonePe has unveiled its financial performance for fiscal 2023, ending on March 31, 2023. The fintech unicorn reported a whopping 77% YoY increase in its consolidated revenue, amounting to Rs 2,914 crore in FY23. PhonePe's revenue growth can be...

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...

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...

The surge in venture activity during 2021 and 2022 propelled the valuations of technology companies to unprecedented heights, resulting in a surge in the count of privately held billion-dollar companies, aka unicorns. The global number of unicorn companies reached...

The edtech industry, once a beacon of opportunity, is facing a challenging time as Byju's, India's largest edtech company, grapples with layoffs and financial troubles. In the past six months alone, the edtech company has let go of nearly...

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...

Investment in Indian startups has started drying up since the second half of 2022, owing to massive layoffs and global economic uncertainty. However, Indian startup entrepreneurs took a sigh of relief last month as the total investment in Indian...

Indian startups are hiring despite the flurry of tech layoffs and market uncertainty that has forced most tech giants to seize their hiring process. According to the latest survey by Randstad India and the Federation of Indian Chambers of Commerce...

Lenskart has revolutionized the eyewear industry by transforming the mundane act of wearing glasses into a fashion statement that combines style, comfort, and affordability. This 13-year-old omnichannel eyewear brand is one of the few startup unicorns in India that...

When Byju's acquired WhiteHat Jr for a whopping $300 million two years ago, little did anyone know that the runway for the coding platform would soon be cut short by India's most valued, as well as most controversial, startup. Citing...