Tag: accel
Koo layoffs: Twitter’s rival Koo lays off 30% staff due to funding crunch
Koo, a Twitter Inc. rival in India, has fired almost a third of its employees in recent months as the firm struggles with losses and…
b2b: B2B back in focus as Indian VC funds rework playbook
Domestic venture capital (VC) funds are preparing strategies for investments in business-to-business (B2B) startups in marketplace, manufacturing, enablement, and maintenance, repair and operations (MRO), as…
sebi ipo rules: Sebi’s promoter tag push stumps startups, may disrupt IPO plans
Portea Medical (Health- vista India Ltd) has reclassified its founders Meena Ganesh and Ganesh Krishnan as “promoters”, the company disclosed in a filing with the…
Acko life insurance: Acko receives IRDAI nod to commence life insurance business
The Insurance Regulatory and Development Authority of India (IRDAI) has granted new-age insurer Acko a licence to operate a life insurance business. The insurance regulator…
bain & co: Late-stage startups continue to conserve cash with down rounds in offing: report
Late-stage startups are expected to continue to focus on profitability and conserve cash for a longer runway with consolidation and funding rounds potentially at a…
silicon valley bank: Silicon Valley Bank collapse: More than 400 VC funds issue statement supporting SVB
More than 400 venture capital firms have issued a joint statement in support of the recently collapsed California-based Silicon Valley Bank (SVB), a major lender…
silicon valley bank: As Silicon Valley Bank crash hits home investors, fintechs help cash-crunched Indian startups
Top venture investors as well as larger fintech firms such as Razorpay are among those stepping up to provide emergency services to small and mid-stage…
Bounce Revenue: Mobility startup Bounce’s revenue remains flat at Rs 15 crore for FY22
Electric vehicle and ride-sharing company Bounce posted Rs 15 crore in income from operations in the year ending March 31 (FY22), flat from the previous…
Swiggy news: Swiggy appoints Sahil Barua, Mallika Srinivasan, Shailesh Haribhakti as independent board directors
Food and grocery delivery startup Swiggy said that Delhivery CEO Sahil Barua, managing director of tractor maker TAFE, Mallika Srinivasan, and renowned chartered accountant Shailesh…
Rahul Chaudhary: Treebo cofounder Rahul Chaudhary joins VC fund Matrix Partners
Rahul Chaudhary, cofounder of budget hospitality chain, Treebo Hotels, has joined venture capital fund Matrix Partners India, an early investor in companies such as ride-hailing…