Category: Startups
Boat auditors flag mismatch in financial statements filed with lenders
IPO-bound consumer electronics maker Boat’s statutory auditors had flagged several instances of mismatch between the quarterly returns or statements it filed with lenders and its…
Karnataka govt to open bids for IT Park project in Mangaluru next week
Karnataka will open bids for the construction of an IT Park commercial office spaces in Mangaluru on December 15. The government had floated the tenders…
LAT Aerospace hiring for software roles as it expands team
LAT Aerospace is hiring for software roles as it plans to build a strong software and autonomy team, cofounder Surobhi Das said in a LinkedIn…
Google, Telangana govt launch Google for Startups hub in Hyderabad
Google, along with the Telangana government, launched the Google for Startups hub at T-Hub in Hyderabad on Wednesday. Google plans to engage with regional startups…
CredFlow receives NBFC licence, to scale cash-flow based SME lending
Credflow, a cash-flow management and lending platform for small and medium businesses, will now be able to lend through its own books after its subsidiary…
South Korea to consider setting up $3.1 billion foundry to grow local chip sector
South Korea is considering building a 4.5 trillion won ($3.06 billion) foundry to manufacture chips, funded by state and private investment, the industry ministry said,…
Elon Musk’s Neuralink taps FDA regulator who led division overseeing the startup
Elon Musk‘s brain implant company Neuralink has tapped a top U.S. health regulator responsible for overseeing the company and its competitors, according to a company…
Hinge CEO McLeod stepping down to lead Match Group-backed AI dating startup
Match Group said on Tuesday that Hinge founder and CEO Justin McLeod will step down to launch Overtone, an AI-powered dating venture backed by the…
IIT Bombay incubator launches Rs 250 crore deeptech fund, to back 30 startups
IIT Bombay’s incubator, the Society for Innovation and Entrepreneurship (SINE), has launched a Rs 250-crore deeptech fund which aims to provide early-stage capital. The Y-Point…
Warburg Pincus-backed Whatfix lays off 6% of staff; trims sales, marketing roles
Software-as-a-service (SaaS) company Whatfix has laid off around 60-80 employees, according to three people aware of the development. The Bengaluru-based firm has handed pink slips…