BUSINESS
Virtual Leaders | I walk 15 km every day, pacing around in my home and garden, says 1mg CEO Prashant Tandon
When a crisis comes, all people rise up to meet the challenge and this is the phase when we can clearly see the stars in the team emerge, says Prashant Tandon, co-founder and CEO of online pharmacy 1mg.
BUSINESS
Virtual Leaders | I try to do household chores between calls, says Shadowfax CEO Abhishek Bansal
The biggest learning from the lockdown is 'do more from less and be lean', says Bansal
BUSINESS
Coronavirus Lockdown 3.0: Aarogya Setu app must in containment zones, Govt says
It said, "The local authority shall ensure 100% coverage of Aarogya Setu app among the residents of Containment Zones."
BUSINESS
Exclusive: Kedaara in talks to back lending startup Aye Finance
Like most lenders, Aye has stopped fresh disbursements due to the COVID-19 outbreak.
BUSINESS
Coronavirus pandemic| Squeezed for funds, small startups brace for fire sale
Distressed mergers and acquisitions in startup space likely to rise due to the outbreak.
BUSINESS
7 Indian startups among 15 picked by Sequoia Capital for Surge 3
Surge 3 takes Sequoia Capital's startup portfolio to above 50.
BUSINESS
FDI rule aimed at China becomes law after FEMA notification
Some of China’s largest VCs such as Qiming, CDH and Morningside have all made early stage bets in India.
BUSINESS
Exclusive | What does Jio-Facebook deal mean for their other startup investments?
The $5.7-billion investment will have a ripple effect through India’s startup and consumer internet ecosystem, say insiders.
BUSINESS
Does Jio deal make Facebook India’s top tech investor ahead of SoftBank?
Despite both firms investing in technology companies, Facebook has a decidedly strategic angle to all its investments globally in India.
BUSINESS
What the restrictions on Chinese investments really mean for Indian startups
Funding plans in disarray, potential changes capital structures — the government’s decision requiring approvals for FDI from China and neighbouring countries has confounded India’s startup founders.
BUSINESS
Virtual Leaders | During lockdown, even a 30-mnt break helps me spend time with family: Vamsi Krishna, co-founder and CEO, Vedantu
Moneycontrol’s M. Sriram speaks to Vamsi Krishna, co-founder and CEO, Vedantu
BUSINESS
FDI policy change: While taming the dragon, India might be harming its baby elephants
While this move was triggered by PBOC’s investment in HDFC, it will also impact Indian startups, for whom China has been a stable source of capital.
BUSINESS
Virtual Leaders | We have Zoom parties to catch up over a drink: Varun Alagh, Co-founder and CEO, Mamaearth
Varun Alagh is the Co-founder and CEO of Mamaearth.
BUSINESS
Exclusive | For gaming startups, COVID-19 may be a zero-sum game
The number of users goes up but coronavirus-hit companies cut down on ads.
BUSINESS
Virtual Leaders | During lockdown, I dress and prepare exactly like a normal work day: Wakefit Co-founder Chaitanya Ramalingegowda
Chaitanya Ramalingegowda is the co-founder of Wakefit
BUSINESS
FarEye raises $25 million funding, to accelerate growth in US, Europe
Existing investor SAIF Partners also participated in the Series D round.
BUSINESS
Exclusive | Dailyhunt in talks with Alpine Capital for $25 million funding round
The regional language news and content aggregator has seen its numbers go up during the lockdown, say sources.
BUSINESS
Virtual Leaders | Will hug buddies once we get back to office: Vivekananda Hallekere of Bounce
Vivekananda Hallekere is the co-founder and CEO of scooter rental startup Bounce
BUSINESS
Redcliffe Life Sciences looking at genome sequencing tests to combat COVID-19 spread
The proposal so far does not have a revenue model besides the subsidised price, and government funding will have to play a huge role for this plan to be implemented and testing to happen.
BUSINESS
Exclusive | COVID-19: Smaller Indian VCs may feel squeezed
While the COVID-19 pandemic has sharply hit the entire industry, not everyone is equally hit.
BUSINESS
Lido Learning raises $7.5 million from Alibaba-backed BAce Capital
The online education startup had in late March raised a funding round of $3 million.
BUSINESS
Coronavirus impact: Startups seek longer time to pay back venture debt firms
Startups in sectors worst hit from the pandemic - such as travel, hospitality, transportation, and even delivery firms, have asked for 3-6 months more than originally planned.
BUSINESS
Coronavirus impact | Oyo founder Ritesh Agarwal to forego salary for rest of the year
"The company's entire executive leadership team has taken a voluntary pay cut starting at 25 percent, with many opting for an additional uncapped amount, and some going up to 50 percent to enable building the runway for the company. This would be effective April 2020," Oyo said
BUSINESS
Coronavirus impact: Bounce cuts salaries across levels to extend cash runway
Employees would take pay cuts of 20-60 percent based on salary slabs, a part of which will be compensated by employee stock options.
