Category: Startups
Canada’s Clairvest Group writes off investment in Head Digital Works after real money gaming ban
Canadian investment firm Clairvest Group has written off its investment in online gaming company Head Digital Works (HDW), which operates the skill gaming platform A23…
Manipal Group submits an expression of interest to bid for bankrupt Byju’s parent
Ranjan Pai’s Manipal Education & Medical Group (MEMG) has submitted an expression of interest (EOI) to bid for Think & Learn, the bankrupt parent of…
Blackstone, SoftBank said in talks for stakes in India cloud startup Neysa
Blackstone and SoftBank Group are in early talks to buy stakes in Neysa Networks, an Indian cloud infrastructure startup, according to people familiar with the…
Mamaearth parent invests in Couch Commerce to boost oral care play
Honasa Consumer, the parent company of personal care brand Mamaearth, and The Derma Co., will acquire a 25% stake in Couch Commerce for Rs 10…
Synopsys to cut about 10% of its workforce
Synopsys will lay off about 10% or roughly 2,000 employees, as the chip-design software maker looks to redirect investment towards growth opportunities, according to a…
Early investors Peak XV, YC set for big gains as Groww lists; founders’ stake valued at nearly Rs 20,000 crore
Early backers and promoters of Billionbrains Garage Ventures, the parent company of Groww, are set to make significant gains from the Bengaluru-based investment platform going…
Pine Labs secures all three payment licences from the RBI
IPO-bound digital payments processor Pine Labs has secured all the mandated regulatory licences needed to offer digital payments in the country. According to a recent…
Groww has fully returned at least two US funds; among best IRRs of the decade for an Indian startup: early investor Anu Hariharan
Wealthtech platform Groww is set to deliver one of the strongest investment returns seen in India’s startup ecosystem this decade, as its IPO unlocks multibagger…
Juspay turns profitable, posts Rs 62 crore net profit; revenue rises to Rs 514 crore
SoftBank-backed fintech startup Juspay reported a net profit of Rs 62 crore in FY25, marking its first year of profitability. The Bengaluru-based company had posted…
Juspay turns profitable, posts Rs 62 crore net profit; revenue rises to Rs 514 crore
SoftBank-backed fintech startup Juspay reported a net profit of Rs 62 crore in FY25, marking its first profitable year. The Bengaluru-based firm saw its net…