Category: Startups

Akash FY24 revenues flat at Rs 2,437 crore, losses at Rs 2,443 crore
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Akash FY24 revenues flat at Rs 2,437 crore, losses at Rs 2,443 crore

Aakash Educational Services Limited (AESL) reported virtually flat operating revenues of Rs 2,437 crore for the financial year ended March 2024, versus Rs 2,399 crore…

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Livspace CBO Lalit Mittal quits amid layoffs, cofounder exit
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Livspace CBO Lalit Mittal quits amid layoffs, cofounder exit

Home decor startup Livspace’s chief business officer (CBO) Lalit Mittal has left the firm following cofounder Saurabh Jain’s exit. “We can confirm that Lalit Mittal,…

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Graphics platform Canva acquires video ad startup Mango AI and animation company Cavalry
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Graphics platform Canva acquires video ad startup Mango AI and animation company Cavalry

Canva, a graphic design and visual communication platform, on Tuesday announced the acquisition of UK-based 2D animation software company Cavalry and American video ad startup…

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Deepinder Goyal's LAT Aerospace acquires robotics startup Sharang Shakti
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Deepinder Goyal’s LAT Aerospace acquires robotics startup Sharang Shakti

LAT Aerospace, cofounded by Deepinder Goyal and former Zomato COO Surobhi Das, has acquired Gurugram-based defence robotics startup Sharang Shakti. In a post on X,…

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Karnataka's bioeconomy reaches $39 billion in 2025: Report
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Karnataka’s bioeconomy reaches $39 billion in 2025: Report

Karnataka’s bioeconomy expanded to $39 billion in 2025, accounting for a fifth of India’s total bioeconomy, according to a report released on Monday. The Karnataka…

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Urban Company’s quick services vertical InstaHelp crosses 50,000 daily bookings

Urban Company’s quick service vertical InstaHelp has crossed 50,000 daily bookings less than a year after launch, at a time when the listed home services…

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Gains with a human connection remains consistent in age of AI: Zoom COO Aparna Bawa
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Gains with a human connection remains consistent in age of AI: Zoom COO Aparna Bawa

Artificial intelligence (AI) is likely to alter how work gets done and may affect certain roles, but its impact will depend on how companies choose…

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Livspace lays off 1,000 employees, cofounder Saurabh Jain exits amid AI-led overhaul
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Livspace lays off 1,000 employees, cofounder Saurabh Jain exits amid AI-led overhaul

Home decor startup Livspace has laid off around 1,000 employees, or about 12% of its workforce, over the past six months as part of an…

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Livspace lays off 1,000 employees, cofounder Saurabh Jain exits
Posted in Startups

Livspace lays off 1,000 employees, cofounder Saurabh Jain exits

Home decor startup Livspace has laid off around 1,000 employees, or about 12% of its workforce, over the past six months as part of an…

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ETtech Deals Digest: Startups raise $725 million this week, up 5X on-year

Startups raised around $725.4 million between February 14 and February 20, marking a nearly five-fold rise compared with the $157.4 million secured during the same…

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