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Just $7 Bn In Funding Since 2014: India's Healthtech Sector Ready For A Reboot

India, Sept. 19 -- It has been four years since the pandemic swept the world and locked billions inside their homes. Despite the mayhem, the period turned out to be the driving force for the adoption ... Read More


z21 Marks First Close Of Fund II At $20 Mn To Back Early-Stage AI, SaaS Startups

India, Sept. 19 -- Early-stage venture capital (VC) firm z21 Ventures has marked the first close of its $40 Mn Fund II at $20 Mn (INR 167 Cr). The investment firm said that it secured the capital from... Read More


BYJU'S Insolvency: EY Quits As Advisor To IRP Pankaj Srivastava

India, Sept. 19 -- In further troubles for Pankaj Srivastava, the insolvency resolution professional (IRP) of BYJU'S, EY (Ernst and Young) Restructuring has reportedly resigned from its role of adviso... Read More


Onboard All Gig Workers On e-Shram Portal In 3 Months: Labour Minister To Aggregators

India, Sept. 19 -- Union labour minister Mansukh Mandaviya has directed aggregator platforms to onboard all eligible gig workers on the e-Shram Portal within three months. The minister gave the direc... Read More


D2C Lifestyle Startup DailyObjects Bags $10 Mn To Fuel Its Manufacturing & Offline Play

India, Sept. 18 -- Delhi-based D2C design and lifestyle brand DailyObjects has secured $10 Mn ( around INR 83 Cr) in its Series B funding round led by 360 ONE Asset, along with participation from exis... Read More


Aakash Fires About 80 Employees Citing Shift To A New Business Model

India, Sept. 18 -- Offline coaching centre Aakash Educational Services Limited (AESL), in which embattled BYJU'S owns some stake, reportedly fired about 80-100 employees over the last couple of months... Read More


Cabinet Approves Bio-RIDE Scheme To Promote Biotech Startups

India, Sept. 18 -- In a bid to promote biotech startups, the Cabinet approved 'Biotechnology Research Innovation and Entrepreneurship Development' (Bio-RIDE) scheme with a budget outlay of INR 9,197 C... Read More


Now, Glas Trust Drags BYJU'S Resolution Professional To Supreme Court

India, Sept. 17 -- The consortium of BYJU'S US-based lenders, Glas Trust LLC, has moved the Supreme Court against the troubled edtech giant's insolvency resolution professional, Pankaj Srivastava. Gl... Read More


Fire Incident At Jio's Data Centre Leads To Massive Outage

India, Sept. 17 -- Telecom major Reliance Jio faced a severe outage across its network on Tuesday (September 17). Many users took to social media platform X to report that they were facing issues with... Read More


Veefin Acquires 26% Stake In Fintech Services Provider EpikInDiFi Via A Share Swap Deal

India, Sept. 17 -- Marking its third acquisition in three months, BSE SME-listed fintech startup Veefin Solutions has acquired a 26% stake in EpikInDiFi in a share swap deal which valued the latter at... Read More