Layoffs Continue at BNPL Startup Simpl as Company Pursues Profitability Strategy
Buy Now Pay Later (BNPL) startup Simpl is making headlines once again and this time for its layoffs. It handed out pink slips to around 30 employees lately and this marks the second major round of layoffs within a month. It terminated 160 employees in early May. The layoff drive is mainly to become profitable […]
Chennai’s Skincare Startup CHOSEN Raises $1.2 Mn in Seed Funding
Chennai-based skincare startup CHOSEN has lately made headlines with its impressive $1.2 million seed funding round. The boost comes from a close-knit network of friends and family. It is now another feather in the cap for the young company that was founded by cosmetic dermatologist Dr. Renita Rajan. The journey of CHOSEN is inspiring and […]
Healthtech Startup Docplix Secures Rs 1.2 Cr in Bridge Funding
Healthtech startup Docplix lately announced to have secured Rs 1.2 crore in bridge funding led by Inflection Point Ventures. The fresh capital comes after it raised Rs 5 crore in a pre-Series A round this March and it was led by Eris Lifesciences and a couple of more angel investors. The company also successfully raised […]
Indian Startup NeevCloud Ventures into AI Cloud Arena with Massive GPU Deployment
NeevCloud CEO Narendra Sen is leading his company into the competitive world of AI cloud infrastructure. He has an ambitious goal and it is to deploy 40,000 graphics processing units (GPUs) by 2026. The move may transform Indian enterprises landscape by providing robust support for AI workloads. The AI cloud sector is competition. Yotta stands […]
Pune-Based Fibe Raises $90 Million Despite RBI Regulations
Pune-based consumer lending startup Fibe has secured a funding of $90 million led by Hong Kong-based TR Capital that contributed $32 million through secondary and primary investments. Fibe was earlier known as EarlySalary. Other notable investors included Trifecta Capital and Amara Partners. A fund of $66 million came through primary investments and the remainder was […]
Hyderabad’s Skippi Ice Pops Scoops Up ₹10 Crore in Latest Funding Round
Skippi Ice Pops startup from Hyderabad has successfully secured ₹10 crore in pre-Series A funding led by Hyderabad Angel Network (HAN) and Venture Catalysts (VCATs). It is simultaneously learned to have plans for secure another ₹7 crore. This is a gesture of strong investor confidence in it. The new funding will be used for brand-building […]
Elev8 Venture Partners Invests Spiritual-Tech Company – Astrotalk
Elev8 Venture Partners, a Bangalore-based growth-stage fund, proudly announces its second investment from its maiden fund into Astrotalk. This investment round totals INR 110 crores (USD 14 million) and includes a mix of primary and secondary investments. This funding follows a previous round led by Left Lane with an investment of INR 160 crores (USD […]
Ghazal Alagh’s Viral Tips for Standing Out in Startup Business
Mamaearth co-founder Ghazal Alagh lately shared some valuable lessons with the startups from her professional journey and extensive experience. Her post of six key lessons has meanwhile gone viral and simultaneously generated widespread attention. Her experience includes more than 10,000 and seven years dedicated to three different startups. It is true that success is addictive […]
How Foreign Investments Propel India’s Innovation and Startup Growth
India’s startup ecosystem has been growing rapidly. It now ranks third in the world with respect to numbers. The country has more than 125,000 startups. The growth is basically driven by a young, dynamic and tech-savvy population. Initiatives like Startup India has further supported the ecosystem. The startups are empowered and able to grow their […]
Dairy Brand Country Delight Attracts $9 Million Investment in Mixed Funding
Country Delight, a rapidly growing dairy brand in India, has successfully secured Rs 76 crore ($9 million) through a blend of debt and equity funding from Alteria Capital. It was the second funding round for it in 2024 and highlights strong market presence as well as accelerated growth journey. It is learned that the Country […]