Category: Startups
Dream11, three other startups off unicorn list after online gaming law: Report
As many as four startups, including Dream11 and Games24x7, have lost the coveted unicorn status after the government introduced a law to regulate the activities…
Fintech platform BillCut appoints Anupam Bhat as CFO
Anupam Bhat, former chief financial officer of Airtel Africa, has joined financial services startup BillCut as CFO. This comes a few months after former Paytm…
Edtech startup Eruditus picks up $150 million debt from MARS Growth Capital and HSBC to refinance loan
SoftBank-backed executive education startup Eruditus has closed a refinancing deal of up to $150 million led by MARS Growth Capital, a joint venture between Liquidity…
11 startups join unicorn club in 2025; Bengaluru remains biggest hub in India: Hurun report
Eleven new startups have joined the unicorn club in India this year, taking the total number to 73, according to the ASK Private Wealth Hurun…
Nykaa expands to the UK with Kay Beauty
Synopsis The company already had a presence abroad in the Gulf Cooperation Council (GCC) through its omnichannel platform called Nysaa. ETtech Online beauty retailer Nykaa…
AI software developer Replit raises $250 million at $3 billion valuation
Valuations for code-generation startups, or “code-gen,” have climbed as companies look to use AI to assist software engineers or help non-technical teams to write their…
Startups seek a head in the therapy game via AI tools and bots
The growing trend of people turning towards artificial intelligence chatbots like ChatGPT, Gemini and Claude for information and suggestions is expanding, not shrinking, the market…
Drone startups look to stay afloat via Namo Drone Didi Scheme
Drone startups say they are struggling to stay afloat amid low demand, high certification costs and the absence of large-scale buyers. Their founders are pinning…
Minute Media acquires video editing software startup VideoVerse
Minute Media, a global sports publishing and ad technology platform, has acquired Alpha Wave Global-backed video editing software startup VideoVerse, the company said on Tuesday….
Games24X7 to lay off 70% employees as real money gaming ban pinches
Digital gaming company Games24X7 has started the process to lay off around 70% or around 500 employees, following the government’s ban on all forms of…