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Is the ice melting? Some startups defy funding slump with successive rounds

Bengaluru, March 14 -- Many growth- and late-stage companies have managed to secure capital in quick succession over the last 6-8 months at higher valuations, indicating a shift in investor sentiment,... Read More


Meesho announces its largest Esop buyback, worth $25 million

Bengaluru, March 13 -- E-commerce startup Meesho said it has initiated its largest ever employee stock ownership plan (Esop) buyback programme, worth Rs.200 crore or $25 million. The buyback will enab... Read More


B2B fintech Perfios raises $80 mn from TVG

New Delhi, March 13 -- Fintech startup Perfios on Wednesday said it has raised $80 million from Teachers' Venture Growth (TVG), the late-stage venture and growth investment arm of Ontario Teachers' Pe... Read More


India's $10-trillion economy goal to be led by manufacturing push

Bengaluru, March 13 -- India's aim to grow into a $10-trillion economy over the next decade will be fuelled by manufacturing in sunrise sectors such as semiconductors, electronics manufacturing, elect... Read More


Gupshup rides AI wave amid higher client spend

Bengaluru, March 11 -- SaaS-based conversational messaging platform Gupshup, which claims to serve about 80% of India's unicorns (startups valued at $1 billion or more), has benefitted from the boom i... Read More


Why MNCs are on a selling spree in India

Bengaluru, March 7 -- Bengaluru: Multinational companies have been selling stakes in their Indian businesses citing high market valuations to use the proceeds for a host of purposes including debt rep... Read More


India's healthcare innovation market may hit $60 bn by FY28: Report

Bengaluru, March 6 -- India's healthcare innovation market may double to $60 billion by fiscal year 2028, according to a report by Bain & Company and HeathQuad. This growth is likely to be driven by ... Read More


Byju's transfers $533 million to non-US subsidiary, Camshaft no longer in charge

Bengaluru, March 5 -- Byju's funds amounting to $533 million are currently in a 100% non-US subsidiary and Florida-based Camshaft Capital Fund is no longer handling the money, the troubled edtech firm... Read More


Edtech firms bet on upskilling, higher education amid funding gloom

Bengaluru, March 4 -- The Indian edtech industry will likely see more investments in areas of upskilling, higher education, and test preparation, fuelled by strong demand, despite the sector strugglin... Read More


Moglix eyes India domicile shift, IPO launch within two years

Bengaluru, Feb. 29 -- Alpha Wave Global-backed Moglix, a business-to-business (B2B) e-commerce unicorn for manufacturing goods, is contemplating relocating its domicile to India, and launching an init... Read More