Startups

Byju’s may shut down WhiteHat Jr, the startup once touted as the best acquisition

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...

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...

Only 13 Unicorn Startups in India are profitable: Funding Winter puts Indian startups to the real test

Startups in India have started deploying strategies that would put them on the road to profitability in the near future as funding winter sets in. More unicorns are now ditching the "grow at any cost" strategy for profits as...

Funding in Indian startups in Q3 2022: Down 80% YoY, indicating tough time ahead for entrepreneurs

There is a tough time ahead for startups in India who are seeking to raise funds. The funding in Indian startups dropped a massive 80% YoY to just $3 billion in Q3 2022, according to a recent Traxcn report,...

SoftBank Puts IPO-bound OYO in a tough spot: Slashes valuation to just $2.7 billion

The challenges for OYO, the hospitality startup unicorn of India, are far from over. As the company has started to come out from the grip of Covid-19, SoftBank Group Corp. has slashed the value of Oyo hotels on its...

Zomato Q4 FY22 Results: Lost Rs 4 crore every day despite 75% jump in revenue

India's leading food aggregator Zomato's Q4 FY22 results are out. The company presented a mixed bag of performance in the last fiscal quarter of 2022 albeit with a promising forecast for the quarters to come. Zomato's net loss in Q4...

Not just Ashneer, BharatPe employees are desperately looking to exit

How damaging a tug of war between the founders could be for a startup and investors? This could be well understood from the ongoing saga of Ashneer Grover, the controversial co-founder and MD of BharatPe, the fintech unicorn, that...

Sizing Meta’s loss: More than the collective valuation of Indian startup unicorns

Investors have always been looking at Meta Platforms, Inc. (NASDAQ: FB) - now the owner of Facebook - as one of the powerful technology firms that stands out in a crowded tech world. Following last week's devastating financial report,...

Salary Hike By Indian Startups In 2022: Highest Since 2015-16?

The appraisal period is just around the corner. Large companies are expected to face stiff competition from Indian startups when it comes to retaining talents. It's expected that a salary hike in Indian startups during 2022 would put many...

Global Fintech Market 2022 – 2028: $16.65 Trillion Opportunity For Startups

Today, FinTech has become incredibly significant and one of the fast-growing segments in the world. 2021 was full of transformations in this niche and will continue to evolve to provide the best possible service to its customers. The global...
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Global AI Show 2025 Abu Dhabi Announces Its Visionary Partners and World-Class Speaker Lineup

The Global AI Show 2025 Abu Dhabi, a premier platform driving the future of artificial intelligence, proudly announces its...
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