Behind the sheen of festive sales: What it is like to work in a warehouse
Not everyone is cut out for warehouse jobs, where the hours can be long, the pay decent and the temperature slightly hotter than the outside.
Mosaic Wellness raises $24 million in Series A led by Sequoia Capital India
The startup has earlier raised a $10M Seed round from Elevation Capital, Sequoia Capital India & Matrix Partners along with angel investors like Jitendra Gupta, Kunal Shah & Jaydeep Barman.
Edtech startup BrightChamps raises $63 million at valuation of $500 million
Founded by Ravi Bhushan in July 2020, BrightChamps looks to empower 6-to-16-year-olds across the globe with next-generation life skills through a learning programme that complements the school curriculum.
Coinbase buys Agara, its first startup acquisition in India
Coinbase said this deal would bring Agara's deep expertise in machine learning and natural language processing to the company's engineering team.
BASIC Home loan raises $3.5 million in Series A funding
The funding was led by Venture Catalysts (VCats) and Gruhas Proptech- an exclusive platform by Nikhil Kamath of Zerodha and Abhijeet Pai of Puzzolana Group to invest in Disruptive Proptech Companies.
Carl Pei's Nothing lands $50-million funding, announces Qualcomm partnership
Swedish House Mafia members Axel Christofer Hedfors and Sebastian Ingrosso are among the investors participating in the financing round.
Chalo secures $40 million Series C funding led by Lightrock India and Filter Capital
The startup plans to use the funds raised to invest further in technology, deepen its footprint in India and expand to international markets.
46 startup founders make it to IIFL Wealth Hurun India Rich List 2021
The cumulative wealth contributed by these entrepreneurs increased by 35 percent to Rs 2,32,000 crore, according to the report.
Zomato pulls the plug on grocery delivery, banks on Grofers to crack express delivery
The mail, sent on September 11, 2021, by Zomato to its grocery partner said it intends to stop its pilot grocery delivery service effective September 17
Zomato IPO opens subscription on July 14: Early investors showed up on historic day
The initial public offering of Zomato, one of the leading food service platforms in India, was subscribed 1.05 times on July 14, the first day of bidding, so far.
The unicorn club | A look at the top 10 most valuable Indian startups
There are 32 startup unicorn companies in India, according to the CB Insights report. Out of these, eight companies were added in 2021.
Ola Electric to set up 1 lakh charging stations in 5 years, to invest $2 billion with partners
In an interview with Moneycontrol, Ola chairman and group CEO Bhavish Aggarwal said this would solve one of the key barriers in EV adoption: range anxiety.
Credit Suisse Report 2021 | India has 100 unicorns; here's an insight in unicorn landscapes
A Credit Suisse report reveals that as many as 100 unicorns in India have a combined valuation of US$240 bn, here's a look into them, their sectors, location, valuation, and more.
Will Byju's be in huge demand even in a post-vaccination world?
Will the surge in online learning continue even after schools reopen? Here's why Byju's co-founder Divya Gokulnath believes the momentum in ed-tech is here to stay
Pepperfry raises Rs 35 crore debt from InnoVen Capital
This is InnoVen's third investment in Pepperfry since 2017, when it first backed the furniture retailer.
Juspay appoints PwC, Verizon to audit its systems post breach
The Bengaluru-based payments firm had suffered a massive breach back in August, when 3.5 crore masked card details were exposed in a hack and have been made public on the dark web. The incident came to light recently and has pushed the payments firm to undertake a proper forensic audit to ensure its systems are safe from future attacks.
Will 2021 be the year of super apps?
This year saw many startups broaden their service bouquet and large players march into the superapp battlezone. While on one side there is Paytm and PhonePe, on the other there are players such as Amazon and WhatsApp. And to make matters more interesting, Reliance and Tata have thrown their hats into the ring. So, 2021 could mark the beginning of a fight for the largest share of the pie.
3 Point Analysis | Unacademy's fresh fundraise values it at $2 billion; what makes the education sector exciting?
If there’s one sector that continues to see extraordinary growth during these unprecedented times, it is education. Adding on to the list of phenomenal edtech fundraises this year Unacademy has raised an undisclosed amount of funding from Tiger Global Management and Dragoneer Investment Group.
BankMobile CEO Luvleen Sidhu on mobile banking, leadership and future of fintech
Luvleen Sidhu, co-founder and CEO of BankMobile, shares insights into her business model and the personal factors that led to her professional growth.
Three EdTech entrepreneurs who are making digital education accessible and inclusive
With classes moving online during lockdown, many of India's kids lost access to education. These three EdTech startups are democratising the landscape.
Senior payment execs to set up umbrella entity under new RBI norms
The umbrella entity will broaden the digital payments landscape in India, reduce dependence on NPCI, and increase innovation.
Small-Town Startups I How a founder’s conviction about a tier-II city helped the firm raise funds
When Sibasish Mishra started Bookingjini, a software-as-a-service provider to hotels, in Bhubaneshwar in 2016, it looked like a strange choice. But now, its services are availed by 500 hotels in 5 states alone, and it has raised Rs 6 crore so far. An investor told Mishra: “I don’t know about your product, but your conviction to build it from Bhubaneswar had us sold.”
Her huge college fee bill inspired her to help other women manage financial goals
Hena Mehta’s startup Basis has set out to solve every woman’s pain point of not having the right resources to plan out financial goals.
Byju’s acquired Whitehat Jr for a cool $300 million but that’s not what’s important
The superpower that Karan Bajaj the yogi, who has written four books before Whitehat Jr, has is his ability to sleep it off.
