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Indian startups now struggling to survive in creator economy spaceStartups in the Indian creator economy space are struggling to stay afloat primarily due to their failure to find a product-market fit even...- Ripple effects of Byju’s crisis; Foxconn pings others as Vedanta JV stallsThe crisis at Byju’s is experienced first-hand by its employees, who now stare at an uncertain future as their employer battles one problem...
- Startup dreamers return to IT firms after layoffs; Zomato reports Rs 360 crore net loss in Q4IT firms have been battling record attrition of late, so startups’ loss is their gain.
- Zomato net loss jumps to Rs 360 crore in Q4; Invact Metaversity is in troubleTotal revenue grew to Rs 1,350 crore in Q4 from Rs 750.8 crore in the same quarter in FY21.
- Protonn shuts its business, returns $9 million to investorsProtonn could not find the right product-market fit and the founders did not agree to pivot its business model. It has completely shut oper...
- Govt asked to redefine ‘startup’; Grover and out (for now)In a note to the government, IVCA industry body, has proposed a new definition for startups and a relook at direct overseas listing. Bharat...
- Ant may dilute Paytm stakeLess than a month ago we reported that Jack Ma's Ant Group may not be able to participate in Paytm's IPO. Now, sources tell us the Chinese ...
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