BUSINESS
This week 21 years ago, Google raised $25 million from Sequoia Capital, Kleiner Perkins
Google was also among the investments which made Moritz a venture investing superstar and Sequoia the world's leading VC.
BUSINESS
LetsTransport raises Rs 10 crore in debt from Stride Ventures
LetsTransport is present in 15 cities and has over 60,000 drivers on its platform.
BUSINESS
Jolted by virus, Indian startups finally get down to making money
As pressure mounts and investors tighten purse strings, startups cut costs, streamline businesses with a singular aim of making profits.
BUSINESS
What does Postman, India's newest unicorn, do, and 4 other questions answered
The software startup helps coders test and develop tools that allow apps to talk to each other.
BUSINESS
Software startup Postman turns unicorn, valued at $2 billion
Used by more than 500,000 companies globally, the Postman API Platform helps them accelerate their pace and effectiveness of software development.
BUSINESS
ESOPs were once the rage in startups. Not anymore
As companies look to conserve cash, ESOPs should come into play but they find few takers among employees as well as founders.
BUSINESS
Millennials fast-tracking recovery of consumer startups: Fireside Ventures
Some companies catering to millennials are seeing their revenues return steadily to pre-COVID levels, says Fireside’s Kanwaljit Singh.
BUSINESS
Intercity bus startup Yolobus raises $3.3 million from Nexus, India Quotient
Suvir Sujan and Anand Lunia, founders of Nexus Venture Partners and India Quotient, respectively, will join Yolobus’ board of directors.
BUSINESS
Arkam Ventures announces first closure of maiden fund at Rs 325 crore
Investors in the fund (limited partners) include Flipkart co-founder Binny Bansal, Paytm founder Vijay Shekhar Sharma, Info Edge founder Sanjeev Bikhchandani, MakeMyTrip CEO Rajesh Magow, among others
BUSINESS
Exclusive | COVID-19 taught us you can never be too prepared: Freshworks CEO Girish Mathrubootham
The return to normalcy will definitely be in stages and not an overnight transition. Companies should look at it as a marathon and not a sprint, says Mathrubootham.
BUSINESS
Uber and Ola, battered by the virus, stare at uncertain future
Core proposition of the ride-hailing apps may still find takers, but the scale of business could be hit as consumers will be reluctant to take trips until a cure for the virus is discovered.
BUSINESS
Exclusive: VC firm India Quotient's partner steps down
Bhutani to serve as a venture partner in a diminished role at India Quotient for some period, as she transitions to her new startup.
BUSINESS
What went wrong with Sprig: A startup founder opens up about failure in Silicon Valley
Gagan Biyani, US-based co-founder of online restaurant startup Sprig, opens up on Twitter about the failure of his venture.
BUSINESS
SaaS startups rework plans to thrive in a post-coronavirus world
These firms are looking at small businesses and also broadening client-base as consumer behaviour changes
BUSINESS
Why Amazon launched its food delivery business in the middle of a pandemic
The online food delivery business is a mess, with consumers in hiding and restaurants pushing back. Yet, Amazon Food was launched last week.
BUSINESS
Virtual Leaders: Times like these have no precedent and no playbook, say SUGAR Cosmetics co-founders
The entrepreneur couple speaks about leadership during lockdown, two parents working with two kids at home and adapting to the new normal.
BUSINESS
Coronavirus pandemic | Jet-setting VCs settle down for a more ‘grounded’ reality
Even after the situation gets normal, they will travel less as more meetings and deal-making will happen over video calls.
BUSINESS
Iron Pillar raises $45 million add-on fund to back portfolio leaders
The VC firm will use the fund by the end of the year to back best-performing companies in its portfolio.
BUSINESS
Zomato to lay off 13% workforce, up to 50% salary cuts for rest
COVID-19 and the lockdown have hit the business severely and there is a need to redefine business strategy, CEO Deepinder Goyal has said.
BUSINESS
Virtual Leaders | Haven't got extra family time as work gets stretched during lockdown, says Nua Woman co-founder Ravi Ramachandran
The young entrepreneur says focusing on business fundamentals and building a strong foundation matter and companies that have these elements in place will come out stronger at the end of lockdown.
BUSINESS
Coronavirus pandemic | In survival mode, startups agree to tougher terms for funds
Economic uncertainty, falling valuations force some companies to give investors a greater say.
BUSINESS
In startup world, coronavirus puts spotlight—and strain—on investor ethics
Struggling to survive the lockdown, startups have been left scrambling for funds as investors pull out at the last moment.
BUSINESS
Virtual Leaders | A part of me was refusing to accept the lockdown would be long: Urban Company co-founder Varun Khaitan
Working from home has led to fewer number of meetings, stronger focus and faster progress, says Khaitan.
BUSINESS
Exclusive | Startup deals trip on China FDI rule
The changes that require the government's approval for Chinese investments have put in doubt dozens of new investments and top-ups.
