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Exclusive: HealthPlix Axes 25% Workforce Due To Performance Issues, Role Redundancies

India, April 23 -- Bengaluru-based healthtech SaaS startup HealthPlix fired 100 employees, or 25% of its workforce, as part of a restructuring exercise and annual performance review. A spokesperson o... Read More


Exclusive: Smartworks Raises $4 Mn From Existing Backer Keppel Land

India, April 22 -- Coworking space provider Smartworks has raised nearly $4 Mn (about INR 33 Cr) from its existing backer, Singapore-based Keppel Land. As per the startup's regulatory filing, it issu... Read More


Neobanking Unicorn OPEN Spent INR 297 Cr To Clock INR 30 Cr Revenue In FY23

India, April 22 -- Neobanking unicorn OPEN's net loss declined 3% to INR 242.2 Cr in the financial year 2022-23 (FY23) from INR 249.3 Cr in the previous fiscal year. The Bengaluru-based fintech start... Read More


Mamaearth Parent To Amalgamate Two Subsidiaries With Itself To Prevent Cost Duplication

India, April 20 -- Delhi-NCR based Honasa Consumer, the parent entity of D2C brand Mamaearth, said its board has approved the amalgamation of two of its wholly owned subsidiaries - Just4Kids Services ... Read More


Exclusive: Trucking Aggregator LetsTransport To Raise $13.5 Mn From Bertelsmann

India, April 20 -- Trucking aggregator LetsTransport is raising $13.5 Mn (about INR 113 Cr) in a mix of equity and debt from its existing investor Bertelsmann. LetsTransport is raising $7.6 Mn (about... Read More