Tiger Global turning cautious and going slow on investments suggest a painful period for startups in the country that thrive on private equity and venture capital funding.
The potential for misuse of the new AI wonder for writing better phishing emails and codes has piqued the interest of the cops.
Startups have spurred innovation. But once the firm climbs onto the investment treadmill, it inevitably reaches a situation where it exists only to get to its next round
The firm’s revenue from operations was up 28 percent to Rs 6,711 crore in FY22 from Rs 5,230 crore in FY21, as per Zoho’s filings with the Registrar of Companies on January 28
Any user aggrieved by a decision of an intermediary's own grievance officer can appeal to the government-appointed Grievance Appellate Committee (GAC) within a period of 30 days.
Grover, who is battling multiple legal proceedings brought on by BharatPe, had raised concerns over Rs 315 crore of ESOPs being granted to BharatPe’s top brass in FY22
Dealshare’s annualised revenue rate has fallen by a third to around $600 million from the peak of $900 million achieved last year, says founder Sourjyendu Medda
The company’s top and middle management are hollowing out, revenue has not kept pace with cash burn and Sharechat’s top-tier valuation, and questions are being asked about its business model
Metrics still matter, even in the absence of perfect analogues. There is still value to investing in building a view to core metrics - operating profits, gross margins, and cash flows, KM Birla said.
Sharechat co-founders Farid Ahsan and Bhanu Pratap Singh have stepped down from their active roles as COO and CTO, respectively
UIDAI CEO Saurabh Garg says that Aadhaar has helped bring down the cost per authentication for banks to Rs 3 from Rs 20 earlier
A week after laying off almost 600 employees, Sharechat CEO says in an internal note that co-founders Bhanu Pratap Singh and Farid Ahsan have stepped down from active roles. They will remain on the company's Board
The India Stack platform is also building a 'Digilocker for families' feature that will enable multiple family members to use the tool via a single device
At least 20 existing unicorns want to come back to India and domicile here if regulations get much easier, says PhonePe CEO Sameer Nigam on Youtube Live on January 25.
Studio Sirah plans to use the funds raised to globally launch its flagship gaming title 'Kurukshetra: Ascension' by June 2023
Fanory is a creator monetisation platform that enables creators to connect with their superfans through a personalised app.
The Centre will host the India Stack Developer Conference 2023 on January 25, and is expecting developers, foreign embassies, startups, corporates and state governments to participate
The company does not have a new CEO yet after the stepping down of Suhail Sameer earlier this month
The number of layoffs has crossed last year’s three-week average of around 1,060 sackings as more companies take up the layoff route to stay afloat amid a stubborn funding winter.
The new programme will be Zomato’s fourth iteration of its loyalty programme in the last few years
Prepladder Neuros launch delayed till March as about 14 teachers have resigned over the last four months
Zomato had removed the option to place orders on its app via the 10-minute service (called Zomato Instant) around the beginning of this year as it struggled to find ways of growing the service
Earlier today, NITES had stated that it 'strongly condemns the unethical layoffs done by Wipro' and will be submitting a complaint to the labour department for an inquiry.