Crisis in the Startup Landscape: Witness the sobering red reality as Indian startups grapple with challenges, leading to layoffs affecting over 28,000 employees in 2023. Delve into the dynamics shaping this downturn and its implications on the startup ecosystem, reflecting…
VideoVerse Advances with $45M Boost: Bluestone Equity Partners leads a transformative funding round for AI-powered video editing platform, VideoVerse. Explore the implications of this $45 million investment, and how it positions VideoVerse at the forefront of innovation in the dynamic…
“Empowering Digital Commerce”, Dive into the ONDC‘s groundbreaking initiative, ‘Build for Bharat,’ a rallying cry for India’s tech innovators. Uncover how this call to arms is shaping the future of digital commerce, fostering innovation, and propelling India towards a tech-driven…
Unlocking India’s Innovation Potential: Explore the Indian Government’s bold move as it unveils comprehensive startup support initiatives, designed to catalyze innovation and foster unprecedented growth. Delve into the details of these groundbreaking measures aimed at propelling the nation’s entrepreneurial ecosystem…
In a notable feat, Udaan, the Indian B2B e-commerce giant, has successfully raised $340 million in a Series E funding round, led by UK-based savings and investment firm M&G Prudential. The infusion of capital comes at a pivotal moment for…
Ola Electric, India’s homegrown electric vehicle (EV) darling, has once again found itself in the hot seat, this time for a series of fire incidents involving its popular S1 and S1 Pro scooters. These fiery episodes have cast a shadow…
Once the undisputed king of India’s edtech landscape, Byju’s finds itself in uncharted territory. Facing mounting debt and a changing market, the company is reportedly in talks with private equity (PE) funds to explore potential restructuring options. This move marks…
As the echoes of record-breaking investments faded, the Indian tech startup ecosystem found itself ensnared in an unanticipated funding winter as 2023 unfolded. Tracxn’s “Annual Report: India Tech 2023” revealed a stark reality – a 72% decline in funding compared…
Zomato, the popular Indian food delivery company, has found itself embroiled in controversy following a recent wave of layoffs in its Indore branch. The decision has sparked outrage among employees, with many taking to social media to express their anger…
In a significant legal development, the Supreme Court has declined to grant a stay on the Allahabad High Court’s order allowing the survey of the Mathura Idgah complex. The decision follows a plea seeking a halt to the survey, which…