A company spokesperson confirmed the development to ET without disclosing the number of employees it had fired.

India ranks third in overall unicorns created, with the United States in first position, followed by China, Tracxn added.

Total funding in the first quarter of FY22 was up nearly 80% year-on-year (YoY) to $9.2 billion from $5.1 billion in the same quarter last ...

With this Ashwin Damera is now the second-largest LP (limited partner) in the fund.

The company, which sells FMCG products to kirana (corner) stores, said it was in “the process of expansion of the distribution network pan-...

Artificial intelligence platform Uniphore, business-to-business (B2B) ecommerce firm ElasticRun and digital payments and financial service ...

The company has tripled its valuation from $400 million to $1.5 billion after the funding round, cofounder and CEO Sandeep Deshmukh told ET.

Days after India conducted its fifth round of Chinese app bans since June 2020, blocking access to 54 apps, China has said it has serious c...

Secondary scaling solution Polygon, kirana-focused business-to-business ecommerce firm ElasticRun and Omnichannel home interiors platform L...

Started in 2016 by former Amazon executives Sandeep Deshmukh, Shitiz Bansal and Saurabh Nigam, ElasticRun enables small kiranas across the ...

On-demand home service provider Urban Company and corner-stores commerce platform ElasticRun were among the startups that raise funds this ...

The latest round values the company at $400 million post-money and will help expand its reach further into rural markets

The add-on capital is on top of the $300 million that Avataar Venture Partners had raised in 2019 to invest in B2B and SaaS companies.

Avataar Venture Partners will typically put in $10-$30 million in its portfolio companies, aiming to make about 10 investments from its mai...

In a recently released year-ending performance report by the firm, the findings highlighted that an investment of over Rs 600 crore had bee...

The company aggregates the transportation, logistics and real estate resources that are at the bottom of the supply chain, and aggregates t...

The year-old startup will use the proceeds to further build its technology infrastructure, on-board talent and expand operations.