Category: Startups
Esops tax pause may be opened to more startups
The Centre is considering extension of the tax deferral on employee stock option plans (Esop) to all startups recognised by the Department for Promotion of…
Cars24 acquires vehicle information management startup CarInfo in Rs 400 crore deal
SoftBank-backed used car sales platform Cars24 has acquired Delhi-based vehicle information management startup CarInfo. The deal size was around Rs 400-425 crore, people in the…
Polymage Labs ties up with US-based Tenstorrent to develop AI compiler
Polymage Labs, a deep-tech startup incubated at the IISC, has entered into a strategic collaboration with US-based Tenstorrent Inc to develop an AI compiler for…
Awfis CFO Ravi Dugar steps down; Sumit Rochlani takes over
Ravi Dugar, chief financial officer (CFO) of the co-working company Awfis, has stepped down from his role to pursue new career opportunities, the company said…
Swiggy launches EatRight in over 50 cities, targets health-conscious users
Swiggy on Monday announced the launch of EatRight, a new category targeting health-conscious users across more than 50 cities by offering them health-focused food options…
Deepinder Goyal’s LAT Aerospace demonstrates ultra-short takeoff test flight
Eternal CEO Deepinder Goyal said his aviation startup LAT Aerospace successfully demonstrated ultra-short take-off and landing (uSTOL) capabilities with its Lat One v0.1 prototype. Goyal…
Centre relaxes norms for startups to avail funds from DSIR
The Centre on Sunday relaxed the norms for deep-tech startups to avail financial assistance from the Department of Scientific and Industrial Research. At the 42nd…
Zomato, Blinkit deliver record high of 75 lakh orders on December 31: Deepinder Goyal
Synopsis Food delivery platform Zomato and quick commerce firm Blinkit together delivered a record high of 75 lakh orders on New Year’s Eve Wednesday, unaffected…
Mirae Asset Venture India appoints former Steadview Capital MD Puneet Kumar as CEO
Mirle Asset Venture Investments India, the private investing arm of the South Korean firm, has appointed Puneet Kumar as its chief executive officer. Kumar recently…
Mirae Asset Venture India appoints former Steadview Capital MD Puneet Kumar as CEO
Mirae Asset Venture Investments India, the private investing arm of the South Korean firm, has appointed Puneet Kumar as its chief executive officer. Kumar recently…