2024 Brings Relief from Layoffs, but Startup Closures Increase
The year 2024 was a mix of relief and reality checks for startup ecosystem in India. The celebrating aspect was a drop of 80% in layoffs compared to the previous year. The layoffs in 2023 were 24,000 while in 2024 it dropped to just 4,700. Job cuts were witnessed even in well-known startups such as […]
GenAI driven Consint.AI raises Rs 5 Cr in Seed round
GenAI driven healthcare Insurance fraud and risk management company Consint.AI has raised Rs 5 Cr in a seed round led by Equanimity Ventures and Seafund. The capital raised will be deployed to scale operations through expanded sales outreach and accelerate the development of Generative AI Feature Suite for Health AI Platform. This includes enhancing fraud detection, optimizing […]
Indian Innovator Jagdeep Singh’s Journey to Revolutionizing EV Battery Tech
The journey of Jagdeep Singh started from New Delhi and currently is at a notable milestone of being a global technology leader. He co-founded revolutionary electric vehicle (EV) startup QuantumScape and paved the path of solid-state batteries in the industry. The batteries promise better performance and said to redefine the way we think about EVs. […]
Alok Jain’s Frustration with WeWork Sparks Online Debate on Customer Service
WeWork India found itself under fire lately after IIT alumnus and WeekendInvesting founder Alok Jain shared a frustrating experience with the sales process of the company. Jain voiced his dissatisfaction on social media and highlighted that his statement was intrusive as well as condescending behavior from a sales representative of WeWork at the Gurgaon-based Golf […]
Fintech, E-Commerce Lead Way as Women-Led Startups Thrive in 2024
Year 2024 witnessed a notable shift for women entrepreneurs in India as funding for women-led startups surged to $930 million. It was up by 93.75% as the figure in 2023 was $480 million. It was a remarkable growth and witnessed that women are stepping into the startup world and also are making a strong impact […]
After $975 Million Exit, Loom Co-Founder Explores Life Beyond Money, Status
Loom video platform co-founder Vinay Hiremath lately shared a deeply personal account of his life following sale of his startup to Atlassian for $975 million. Such a big deal of course generally means that he would be living the dream. However, his story reveals emotional turmoil and such situations often comes with sudden wealth as […]
Leadership Shakeups and Strategic Moves Mark the Start of 2025 for Startups
First week of 2025 has been a mixed bag for the Indian startup ecosystem. The year kicked off with some notable funding as well as acquisitions. However, the overall funding activity witnessed a significant decline. Startups managed to raise about $33.44 million across eight deals, but it is a sharp drop by 29.9% from the […]
Keshav Chauhan’s Post on Startup Essentials Ignites Online Discussion
A social platform post of Bengaluru tech enthusiast Keshav Chauhan sparked a debate. His post talked about two types of people are mainly required by startups. His post was shared on X and it captured a simple idea that startups need a mix of those who are deeply connected to the digital pulse and those […]
Piyush Goyal Stresses Legal Compliance After Blinkit’s 10-Minute Ambulance Launch
Blinkit has come up with a bold decision with the launch of its 10-minute ambulance service. The startup has been known for its rapid grocery deliveries, but lately it is venturing into healthcare sector to deal with lives instead of just convenience. The initiative aims to address critical emergencies and Union Minister Piyush Goyal commented […]
Balmer Lawrie Partners NapTapGo to Boost Pod Hotels Across India
Balmer Lawrie has announced to be investing ₹1 crore in hospitality startup NapTapGo. NapTapGo is reimagining travel with its unique concept of pod hotels. The pod hotels are usually compact, affordable and technology-driven accommodations. The pod hotels offer comfort to travelers at comparatively low budget. Balmer Lawrie is showing its commitment to supporting such ideas […]