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Fidelity, Accel lead $160–170 million investment round in SpinnySpinny has secured 160–170 million in a funding round led by US-based investors Fidelity and Accel Leaders Fund. The deal includes 90 milli...- Cars24 plans to go public in next 12 months: CEO Vikram ChopraSharing the company's H1FY26 financials in a post on X, Chopra said, "Hoping to go for the IPO in 6-12 months from now. We have built momen...
- Cars24 acquires vehicle information management startup CarInfo in Rs 400 crore dealThis is the SoftBank-backed used car sales platform’s second acquisition in the past year, following its purchase of community platform Tea...
- Shift in sentiment: Angel investors exercise caution amid changing startup dynamicsThe Indian startup scene has seen a shift in angel investor focus, with many investors becoming more cautious. In 2020, angel investors lik...
- Groyyo investors tap Deloitte; new-age firms hired more in FY23Big4 company Deloitte has been mandated by the investors of Groyyo — Tiger Global and Alpha Wave Global — to ‘work with’ the startup and ta...
- ETSA 2023 | OfBusiness seeks ‘high’ of having its ticker on exchangesWinner of the prestigious Startup of the Year award at the Economic Times Startup Awards 2023, business-to-business (B2B) ecommerce platfor...
- Govt notifies Angel Tax rules for startups; Zerodha’s FY23 revenues & profits soarThe government notified the new Angel Tax rules on Tuesday, retaining the five valuation methodologies suggested in the draft rules. The ru...
- ETtech Explainer: why startup unicorns, other large unlisted companies may come under tighter scrutinyBefore we examine the implications for startups, let’s delve into what corporate governance entails and how it’s going to shape India’s sta...
- CaratLane to challenge FEMA violation notice; govt may use DigiLocker for parental consentCaratLane Trading is under the lens of the Enforcement Directorate (ED) for alleged violation of Foreign Direct Investment (FDI) regulation...
- Turmoil at Byju’s highlights hurdles for India startup sceneAlready stuck in a 15-month funding slump, India’s young companies are in danger of becoming collateral damage to the country’s highest-pro...
- Tata Neu’s muted first year, PhonePe-ZestMoney deal called off & the week’s top tech storiesHi Digbijay here in Bengaluru. Last month, I was in Mumbai and visited the offices of the newest ecommerce challenger in India –Tata Digita...
- NCLAT upholds CCI’s Rs 1,338-crore fine on Google; GoMechanic gone in slump saleThe NCLAT bench has directed Google to carry out the competition regulator’s directions and deposit the fine within 30 days. The penalty of...
- Exclusive: Sequoia's Shailendra Singh on corporate governance, VC accountability, frothy tech valuations and moreShailendra Singh, managing director at Sequoia Capital India and SEA, sat down with ET’s Samidha Sharma in a two-hour-long interview to dis...
- ETtech Unwrapped: Confusion, chaos, and disruption in wake of Delhi's bike taxi banThe notice issued by the Delhi government last week warned bike taxi operators such as Rapido, Ola and Uber to not ply on Delhi roads as it...
- YouTube’s Neal Mohan is the newest Indian-origin CEO in the tech worldFrom Google and Microsoft to Cognizant and Adobe, a growing number of technology-focused firms are today led by Indian-origin chief executi...
- How GoMechanic founders floated Morsebiz as car servicing startup unravelled; BPM firms turn to cost-saving dealsAs the business collapse looked imminent due to misreporting of financials, cash burn and other reasons, GoMechanic's founders floated a ne...
- In-depth: How startups are pruning costs as funding continues to plummetIn January, Indian startups raised only $1.38 billion in venture funding, nearly 70% lower than in the same period of 2022, reflecting the ...
- Investors of GoMechanic seek audit into 'inflated' financialsThe investors - Tiger Global, Sequoia Capital and Chiratae Ventures - have jointly appointed a third-party firm to investigate the matter i...
- GoMechanic announces issuance of Rs 30-crore stock options for service partnersGoMechanic has become the second startup to include service partners in its stock option plans after Urban Company said it would do so in M...
- We are holding on to Zomato, there is still tremendous potential: Sanjeev Bikhchandani'It is a mistaken belief that Indian startups need to list overseas to succeed'
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