The startup is betting big on online fitness classes.
The company has also appointed Daniel Brody, Managing Director of Tencent Holdings, as a nominee director on its board.
About 70 percent startups surveyed said they have a cash runway of fewer than three months, the most affected being the early stage and mid-stage start-ups.
The Gurugram-based firm is also pro-actively setting up its platform to enable purchase and sale of electrical vehicles (EVs), it added.
Around 90 percent of the startups are facing a decline in revenues, according to a survey by NASSCOM.
The startup raises more funds from existing investors, will expand lending to MSMEs.
Even after the situation gets normal, they will travel less as more meetings and deal-making will happen over video calls.
The VC firm will use the fund by the end of the year to back best-performing companies in its portfolio.
Investments not only show faith in the company’s vision of Digital India, but also that the investors have found their bet to leverage on the opportunity.
On May 18, Uber resumed services in 13 more cities including key ones like Delhi and Bengaluru and is now plying across 34 cities.
The layoffs come two days after rival Zomato let go of around 500 people.
The startup works with farmers to produce eggs with high nutritional content.
National Restaurant Association of India, the industry body for restaurants across the country is encouraging its members to offer a digital dining experience to their customers.
COVID-19 and the lockdown have hit the business severely and there is a need to redefine business strategy, CEO Deepinder Goyal has said.
Platforms see a big jump in trading volumes, new users as the government and the RBI stay mum on regulation.
The sector wants to be included in the financial package announced by the government.
According to sources privy to the development, the company has partnered with manufacturers who are preparing these meals on a revenue-sharing basis.
The startup helps bring in standardisation and quality control in fruit and vegetable supply chain.
Gupshup, Minkville and Tonetag will work with NPCI and also get support from CIIE.CO.
From queries on loan moratorium to KYC applications, banks flooded with queries on Facebook, Twitter and other social media.
In April, Bansal had called for opening the economy, saying India couldn’t wait for a vaccine for two years to get back to work.
The US-based healthcare marketing startup uses data, technology to connect pharma companies with doctors.
Insurance to be offered as a separate category on the home screen.
The decision comes at a time when rival Zomato has doubled down on its Gold programme.
Economic uncertainty, falling valuations force some companies to give investors a greater say.