Category: Startups
WeWork Inc: Exclusive: WeWork Inc to sell 27% stake held in India unit via Rs 1,200 crore secondary deal: sources
Office sharing company WeWork India, promoted by Bangalore-based Embassy group, is in the midst of buying the stake held by its US parent through a…
co-living startup: Co-living startup Homey to operate 10,000 beds in three years
Co-living startup Homey plans to operate 2,000 beds in Delhi and Bengaluru as the company aims to change the landscape of PG accommodation for young…
Byjus salaries: Byju Raveendran raised debt to pay March salaries
Edtech firm Think and Learn, owner of Byju’s brand, credited partial salaries of employees for the month of March, according to sources. Byju Raveendran, the…
The Derma Co: Honasa Consumer’s The Derma Co hits annual revenue run rate of Rs 500 crore
Honasa Consumer, the parent company of beauty and personal care (BPC) brand Mamaearth, said its active ingredients-backed skincare brand, The Derma Co, has achieved an…
restructuring: Startups shuffle top deck, play to ace long-term profitability game
Over a dozen new economy ventures have appointed a new chief executive over the last 12 months, as a greater focus on profitability and governance…
FarEye: FarEye launches initiative to mentor logistics startups
To support startups raise funds and receive mentoring from global experts in the logistics sector, technology platform FarEye has launched its ‘last-mile innovation nexus’ initiative,…
Zomato: Zomato gets Rs 11.82 crore tax demand notice
Online food delivery platform Zomato has received a tax demand and penalty order of Rs 11.82 crore related to GST on export services provided to…
Digantara: Spacetech startup Digantara unveils 25,000-sq ft facility in Bengaluru
Spacetech startup Digantara, which focuses on space situational awareness, on Friday inaugurated its global headquarters, housing a command and control centre as well as cleanroom.The…
Cred receives in-principle approval from the RBI for payment aggregation business
Fintech firm Cred has received in-principle approval from the Reserve Bank of India (RBI) for the payment aggregation (PA) business, said people familiar with the…
Aurionpro Solutions to acquire fintech startup Arya AI for $16.5 million
Financial services software firm Aurionpro Solutions on Friday said it will acquire banking and insurance focused startup Arya.ai for $16.5 million (about Rs 138 crore).Under…