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June 09, 2023 06:12 PM IST One of the conundrums in the start-up world is why despite being a manifestation of some amazingly creative ideas, so many startups fail
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June 09, 2023 04:26 PM IST The new fund, called Antler Elevate, would be managed from its offices in London, Singapore, and New York. M&G Catalyst, Schroders, Vaekstfonden, Korea Venture Investment Corp (KVIC), and a US pension fund are some of the investors in Antler's new fund
- June 09, 2023 04:09 PM IST
Earlier, banks and NBFCs could not enter into default loan guarantee arrangements with unregulated lending service providers. Now they can, with judicious and reasonable risk sharing between the two
- June 09, 2023 10:20 AM IST
Startups in India and their high profile founders are facing rough weather currently. But it is not necessarily a bad thing
- June 09, 2023 08:43 AM IST
The statement from lenders comes a couple of days after Byju's skipped paying $40 million in interest payments on the term loan it had raised in November 2021. The company instead filed a case against one of its lenders in the New York Supreme Court and also sought disqualification of the lender.
- June 08, 2023 06:23 PM IST
OpenAI CEO Sam Altman says that some of his advice to startups as Y Combinator president has been proven wrong.
- June 08, 2023 05:10 PM IST
Rahul Yadav has been asking Info Edge for more money in lieu of sharing the data its investor has asked for.
- June 08, 2023 03:24 PM IST
This is the third round of layoffs at Freshworks as the company is finding ways to survive the macroeconomic pressure and cut costs. Freshworks has around 5,000 employees on roll.
- June 08, 2023 12:21 PM IST
Greenlight has so far hired around 40-50 people for the India office. It has a total headcount of around 500 employees.
- June 08, 2023 07:06 AM IST
About three in 10 Indian unicorns have set aside a minimal to zero budget for increments this year.
- June 07, 2023 06:30 PM IST
The additional funding will allow RevSure to deepen investments in product, engineering, and AI technology and resources, further scale customer acquisition, and double down on the company’s go-to-market strategy.
- June 07, 2023 05:59 PM IST
While entrepreneurs put in significant efforts to grow their businesses, it is important to keep an eye on the tax and transfer pricing aspects to ensure that the benefits of entrepreneurship are not lost through tax leakages
- June 07, 2023 05:31 PM IST
The profit pooling with Sequoia US will cease to exist post the rebranding. Peak XV will also likely enter the US to help Indian startups expand in the country, an indication that the India division will be run completely independent of Sequoia US.
- June 07, 2023 03:06 PM IST
In July 2021, the startup raised $75 million in a series C round led by US-based LeapFrog and healthtech-focused venture capital firm Khosla Ventures
- June 07, 2023 02:57 PM IST
Founded in 2019, by D Venkatesh and Ankur Handa, Lentra is a Cloud-native platform designed and developed to help financial institutions.
- June 07, 2023 06:36 PM IST
Mathew, who was the managing director at Standard Chartered India Bank, will oversee the EV two-wheeler firm’s finance operations as the start-up looks to launch an IPO in 2024
- June 08, 2023 10:34 AM IST
The company will go for a bigger funding round in next few months to expand to international markets.
- June 07, 2023 08:50 AM IST
Indian SaaS companies are doubling down on growth (revenue generation) while ensuring operational and capital efficiency, the report said.
- June 07, 2023 06:17 AM IST
Byju’s will also leverage these platforms to improve the teaching abilities of its tutors as the company would conduct audits of content using AI, which will lead to more efficiency, and thus Byju’s would be able to save costs on that front
- June 06, 2023 05:51 PM IST
The fresh funding will be utilised for River's growth and working capital needs, priming its manufacturing and distribution networks for the August 2023 delivery that it had earlier announced
- June 07, 2023 08:57 AM IST
The India and Southeast Asia arm has been rebranded as Peak XV Partners and will now operate as a fully independent firm.
- June 06, 2023 02:54 PM IST
Natasha can listen in on conversations across teams in a company and suggest solutions that can be deployed quickly. Whereas Copilot is more of a productivity enhancement tool used for tasks like taking notes, etc.
- June 06, 2023 12:46 PM IST
PhonePe has also launched its product suite and APIs for the FIU market, and is in the process of integrating with regulated Financial Institutions (FIUs) so that they can start taking consent from their users to do a real-time data fetch from the user’s’ FIPs.
- June 06, 2023 09:46 AM IST
Data sourced from Tracxn shows that Surat has more than 2,530 startups, of which 164 are SaaS-based startups offering services such as financial management, export-import management and cloud-based solutions. Together, they have raised nearly $224 million so far.
- June 06, 2023 09:09 AM IST
The deal values KPN at Rs 800 crore, with WestBridge picking up a nearly 70 percent stake in an all-cash deal for about Rs 550-600 crore
