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LIVSPACE COFOUNDER EXIT
Lightspeed’s Ravi Mhatre & Bejul Somaia on India’s AI opportunity; The rise of NSFW appsHappy Monday! Lightspeed’s top brass has laid out the firm's AI thesis for India. This and more in today’s ETtech Morning Dispatch.
Livspace lays off 1,000 employees, cofounder Saurabh Jain exitsA spokesperson for the Bengaluru-based startup said in a statement that the workforce reduction was part of a measured, phased transition a...
Veteran consumer internet founders roll up sleeves to launch deeptech, AI startupsIndia is seeing a clear shift as founders and senior executives who built large consumer internet companies are now moving into deeptech an...
Lab-grown diamond jewellery firm Lucira raises $5.5 million in its maiden funding roundAccording to cofounder Rupesh Jain, the company will use the funds to expand offline operations, strengthen its team and step up marketing ...
Ex-Premji invest, International Finance Corporation trio’s fund bags Rs 1,000 croreManipal group chairman Ranjan Pai’s family office Claypond Capital has anchored the fund with capital infusion from over 30 startup founder...
Livspace names Ramakant Sharma as CEO, Anuj Srivastava as chairman ahead of IPOCofounder and CEO Anuj Srivastava will transition to the role of chairman of the board, while Ramakant Sharma, currently the chief operatin...
Don’t register startup outside India unless you have a very strong reason: Livspace's Ramakant SharmaLivspace cofounder Ramakant Sharma urges startups to register their domiciles in India unless there is a strong reason against it. He empha...
ET Startup Awards 2024: Nominees for Midas TouchThe award will recognise the most lucrative exit in the year. The decision will be made based on the volume of deals as well as the size of...
D2C luggage brand Mokobara raises $12 million in funding from Peak XV Partners, existing investorsMokobara's existing backers Sauce VC and Saama Capital have also participated in the Series B funding round. Peak XV invested around $9.4 m...
ET Startup Awards 2022: Shekhar Kirani wins the Midas Touch award for best investorThe jury finally zeroed down on Accel’s partner Shekhar Kirani as the winner for being the first cheque writer in Freshworks, the Indian Sa...
ET Startup Awards 2022: Nominees for Midas TouchThe award will recognise the most lucrative exit in the year. The decision will be made based on the volume of deals as well as the size of...
Lawyer boards BharatPe; Livspace is 7th unicorn of 2022Ashneer Grover has already called current chief executive Suhail Sameer “spineless” and accused him of dancing to the board’s tunes. Now wi...
PharmEasy’s new backers, Facebook whistleblower revealedPharmEasy is in talks with a clutch of new investors, including two hedge funds, to join its pre-IPO funding round.
Exclusive: New investors in talks to join PharmEasy’s pre-IPO funding roundThe company has also finalised a secondary transaction of around $100 million in which some existing investors, such as Infosys cofounder N...
How Stellaris Venture Partners upped its fund size to $225 million amid startup funding boomHomegrown fund says will it make more -- and bigger -- investments
How startup funding is consolidating in IndiaIt was speculated that since investors are already recovering from the extravagant burning of cash by entrepreneurs, it would now tread car...
- How the startup culture works in India and in the Silicon Valley
Exits happen and entrepreneurship emerges because you have the ecosystem and liquidity. It is early days for these things in India.