Delhivery Sees Two Cofounders Depart Ahead Of IPO This Year
IPO-bounced logistics tech unicorn major Delhivery has seen two cofounders leave the company, with their promoter status being reclassified. Bhavesh Manglani and Mohit Tandon, two of the company’s five...
View ArticleDespite Mobikwik Denial, Data Of 100 Mn Users Exposed In Massive Leak
Fintech startup Mobikwik denied claims about a data breach impacting 100 Mn users, in what many are calling the biggest data leak from an Indian tech company. The leaked data is said to impact...
View ArticleOn International Women’s Day, Inc42 Shines The Spotlight On The 50 Coolest...
YouTube CEO Susan Wojcicki was the first marketing manager at Google. Marissa Mayer started an immensely successful associate product manager (APM) programme at Google prior to her stint as Yahoo’s...
View ArticleFrom Flipkart’s Bitcoin To Ola’s Flying Car: The Best April Fool’s Pranks...
India’s tech startups are well-known narcissists. They want to be in the news, all year long, sometimes for their ESOP buybacks and at other times for their multiplying user base. Evidently, those...
View ArticleHow DotPe’s Enterprise Grade Tech Is Helping India’s Small Businesses Make...
There’s no doubt that digital is the future. With the pandemic accelerating adoption of digital tools even among small businesses, there’s a feeling that the world over tech companies have turned a...
View ArticleTiger Global Close To Investing $200 Mn In ShareChat At Valuation Of Over $2 Bn
Bengaluru-based social media startup ShareChat is close to raising funding from Tiger Global in its Series E round, which could value the startup at $2 Bn. While speculation about a new funding round...
View ArticleCRED Becomes India’s Latest Unicorn; Closes $215 Mn At $2.2 Bn Valuation
Fintech and ecommerce platform CRED has announced the close of its Series D funding round, which has seen Falcon Edge Capital come on board as a new investor, as well as participation from Coatue...
View ArticleCFOs In Tech: ACKO’s Jitendra Nayyar On The Changing Insurtech Landscape, FDI...
The insurance industry in India had undergone a sea change since 2000 when private players were finally allowed to enter the market. In just over two decades, the country’s insurance market size has...
View ArticleIndia Quotient On Seeing 49x Return From The Early Bet On SUGAR & Investing...
Micro VC firm India Quotient booked a 49x return on its investment in SUGAR after a part exit from the company in February this year, when the beauty D2C startup completed its $21 Mn Series C funding...
View ArticleIndian Unicorn Tracker: Funding, Investors, Revenue And More
Building a billion-dollar company from scratch is possibly the biggest ambition for most startups world over and the same holds true for India. It represents a huge milestone and one which is marked...
View ArticleB2B Packaging Marketplace Bizongo Closes $52 Mn Series C Round With Funding...
Mumbai-based B2B packaging and textiles marketplace Bizongo has closed its Series C round having raised $52 Mn from UK government-affiliated Commonwealth Development Corporation (CDC Group) as well as...
View ArticleLenskart Acquihires Hyderabad-Based DailyJoy To Boost Engineering, Tech Ops
Delhi-based eyewear startup Lenskart, which entered the unicorn club last year has acquihired Hyderabad-based delivery startup DailyJoy with an aim to boost its technology stack and its engineering...
View ArticleHow Perpule’s Offline-First UltraPOS Is Easing Digital Payments Pains For SMEs
India’s retail giants have not been shy about adopting point-of-sale devices or PoS machines, but the same cannot be said for smaller kiranas, local retailers, and merchants. In many ways, this is to...
View ArticleThe ESOP Buyback Marathon
India has seen Employee Stock Ownership Plan (ESOP) buybacks happening even before the pandemic set foot in the country. However, the pandemic gave speed to Indian startups to initiate ESOP buybacks...
View ArticleCFOs In Tech: Cars24’s Ruchit Agarwal On A Startup’s Financial Vision, The...
In India, buying a car is still a significant milestone for most individuals as they prefer individual mobility and the status symbol that comes with the wheels. But not many are able to afford this...
View ArticleApple iPhone Production Falls By 50% In Indian Foxconn Unit Amid Covid Surge
India’s rising second wave of the Covid pandemic has impacted production of Apple iPhones at a Foxconn manufacturing unit in India. Production is said to have fallen by more than 50% as workers...
View ArticleGoogle India Adds Vaccine Centres, CoWIN Registration Info To Search, YouTube...
Google has rolled out new updates to Search and YouTube in India to surface information related to Covid-19 vaccination and registration through the official CoWin app for users in the country. The...
View ArticlePurplle’s Vijit Anand On The Pivotal Role Of A CFO And Building Repeatable...
The Indian cosmetics market has undergone a sea of change since the turn of the century. The first decade and a half saw a hypercompetitive sector dominated by international brands and major Indian...
View ArticleISRO To Use Chennai Startup’s Drones To Deliver Food, Medicines In Andhra...
Indian Space Research Organisation (ISRO) has tried out the use of drone-based delivery of medicines and food at ISRO’s residential colony located in Sullurpeta town, Andhra Pradesh. The development...
View ArticleLogistics Giant Blue Dart To Test Drone Delivery Of Medicines
Logistics giant Blue Dart is set to Flag off testing of drone delivery systems under its new entity, Blue Dart Med-Express Consortium. The development comes after the Ministry of Civil Aviation and the...
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