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These startups shut shop in 2024In 2024, Indian startups faced a reckoning. From edtech to fintech, several ventures fell by the wayside, citing reasons ranging from fundi...
Year in Review: These startups shut shop in 2024In 2024, Indian startups experienced a challenging reality check. While the year celebrated the emergence of six new unicorns and signs of ...
Nithin Kamath-backed edtech Stoa School shuts downFounded in October 2020 by Aditya Kulkarni and Raj Kunkolienkar, the Bengaluru-based company offered a six-month MBA programme, competing w...
Swiggy’s Rs 5,085 crore raise ahead of IPO; PB Fintech’s financialsThe anchor portion of Swiggy's initial public offering (IPO) closed on Tuesday. This and more in today’s ETtech Morning Dispatch.
Irdai red tape, archaic processes led to health tech startup Kenko’s fall: Cofounder Aniruddha Sen allegesKenko, founded in 2019, was trying to build a subscription-based health insurance product to protect its users against hospitalisation and ...
Swiggy vs Zomato; Lenskart valuation revisedSwiggy’s initial public offering (IPO) anchor portion opens on Tuesday and the public issue on Wednesday. This and more in today’s ETtech T...
Tiger Global-backed Toplyne shuts down, returns investor capitalThe sales software provider for product-led companies is the latest addition to a growing list of startups to shut operations. The company ...
Spiritual tech startup My Tirth India shuts shop due to fund crunchFounder and CEO Indraneel Dasgupta said the startup is grappling with a fund shortage after the demise of Subrata Roy, the principal shareh...
Kenko Health shuts down; investors drag insurtech startup to NCLTThe Peak XV Partners and Orios Venture Partners-backed company has not paid staff salaries for the last few months. Last month it had laid ...
Top startup & tech stories this weekWelcome to a brand new edition of ETtech Unwrapped – our weekend newsletter. The week was packed with important stories broken by our repor...
Zepto’s mega financing; shareholder battle at Kenko HealthHappy Wednesday! Zepto is holding talks with investment fund DST Global and venture capital firm Lightspeed for funding. Details on this an...
Insurtech startup Kenko Health stares at shutdown: What went wrong?Insurtech startup Kenko Health is facing closure due to a shareholder battle and funding issues. The company, backed by Peak XV Partners an...
Regulatory scrutiny may queer the pitch for insurtech; and other top startup & tech stories this weekMultiple people in the know have told me that the insurance regulator is not comfortable with the typical corporate structures of startups,...
Startups in queue for insurance licence face stricter normsBacking of a large local investor, considerable net worth of promoter and founder are among key requirements laid down by the sector regula...
We aim to ease patient burden via innovative healthcare financing: Aniruddha Sen, Kenko HealthCurrently, Kenko Health is operating out of 40 cities across India including Delhi, Mumbai, Bengaluru, Kolkata, Nagpur, Indore, Lucknow, Vi...
Startups go all out to attract talent; Lightspeed chases growth dealsIndian startups including the likes of Meesho, PhonePe, Upgrad, Purplle, Pristyn Care and Spinny are going all out to rope in and retain ta...
Kenko Health raises $12 million led by Sequoia Capital IndiaExisting investors Beenext, Orios, 9Unicorns and Waveform also participated in the funding round. The company previously raised $1.7 millio...