Author Archives
-
Finance Ministry Considering To Benefit Middle Class In The Union Budget
Advertisements The finance ministry is considering proposals to benefit the middle class in the Narendra Modi 2.0 government’s final full budget, which will be presented in the Lok Sabha on February 1. According to media reports, the finance ministry is… Read More ›
-
PE Firm Accel And Tiger Global Intends To Exit From Flipkart
Advertisements According to media reports, private equity firms Accel and Tiger Global are in talks to sell their remaining stake in ecommerce behemoth Flipkart. According to a media report, two early backers of Indian ecommerce firm Flipkart are likely to… Read More ›
-
Bain Capital Affilate Sells Logistic Platform J M Baxi Stake To Hapag-Lloyed
Advertisements Global private equity firm Bain Capital announced the sale of its affiliate’s stake in logistics platform J M Baxi Ports & Logistics to German-based transportation company Hapag-Lloyd for an undisclosed sum. Bain Capital, through its affiliate Integral Investments South… Read More ›
-
SirionLabs Lays Off Around 130 Employees Of Its Workforce
Advertisements SirionLabs has laid off nearly 130 people worldwide, becoming the latest in a string of technology companies to do so in the midst of a funding freeze and a tech stock meltdown. “We are positioning the company for a… Read More ›
-
SoftBank’s Bets In Startup Hit A Record Low, Tightens Funding
Advertisements According to the media reports, SoftBank Group Corp.’s new startup bets hit a record low last quarter as valuations continued to slide, chilling an already frosty startup winter. The firm once participated in $30 billion worth of financing rounds… Read More ›
-
Kalaari Capital Leads $2.6 M Pre-series A Round For Studio Sirah
Advertisements Studio Sirah, a next-gen game studio that builds unique Indian-themed games, announced today that it raised $2.6 million in a Pre-series A round led by Kalaari Capital (an early-stage, technology-focused VC firm), and its seed investor, Lumikai (India’s pioneering… Read More ›
-
GENLEAP Secures RS 60 Cr From Mike Holland, Others
Advertisements The DNA-based self-discovery and career life cycle management platform from India GENLEAP has announced the successful conclusion of its pre-series A funding of 27 crores ($3.3 million). This round follows the earlier Rs 60 Crores ($7.4 million) seed round… Read More ›
-
Healthtech Unicorn Innovaccer Cuts 15% Of Its Workforce
Advertisements Healthtech unicorn Innovaccer has laid off about 15 per cent of its workforce across teams in India and US. As per reports, the company plans to deprioritize certain areas and offerings and has hence taken this step. According to reports, the company… Read More ›
-
Ecozen Raises $25 M In Round Led By Nuveen, Dare Ventures
Advertisements Pune-based deeptech startup Ecozen has raised $25 million in combined equity and debt capital. The Series C round’s equity portion was led by Nuveen and Dare Ventures (Coromandel International). The round also saw the participation of existing investors Caspian and… Read More ›
-
Draper Associates, Others Invest $8.3 M In Proptech Startup Landeed
Advertisements Draper Associates, Y Combinator, and Bayhouse Capital led a seed round of $8.3 million for Bengaluru-based proptech startup Landeed. The funds will be used to bring in new talent and strengthen the company’s technological infrastructure. Landeed, founded in 2022… Read More ›
