The anchor portion of Swiggy's initial public offering (IPO) closed on Tuesday. This and more in today’s ETtech Morning Dispatch.

After two rounds of layoffs in 2023, the ecommerce platform had 1,500 employees on its roll at the beginning of 2024, compared to the peak ...

Udaan has been scaling down operations to cut its burn in a tightening liquidity market. The company has now refined its strategy, concentr...

Kiran Thadimarri, group finance controller, will be elevated to the executive management team. Further, Vishnu Menon, head - corporate stra...

Bengaluru-based Udaan was last valued at $3.2 billion following a funding round in January 2021. It closed a $340 million financing last De...

The Lightspeed India-backed startup is likely to see a significant drop in its valuation, to under $2 billion during the new financing roun...

Startups are moving their overseas holding entities to India ahead of their forthcoming public listings, especially in the fintech sector w...

The transaction involves the acquisition of 9.99 per cent of the equity stake in DBL by way of subscription to warrants by Alpha Alternativ...

Most of the job cuts happened in the go-to-market (GTM) team, which handles relationships with sellers, among other responsibilities, peopl...

The funding round also saw participation from existing investors such as Lightspeed Venture Partners and DST Global, the firm said in a sta...

The combination involves acquirers collectively proposing to subscribe to additional optionally convertible bonds and warrants issued by th...

In April, the government had made changes to the FDI policy to scan all investments from neighbouring countries with an eye on Chinese infl...

Round may see new investors like Hillhouse, Altimeter along with existing backers.

Udaan set to take off with a fresh tranche of funds from Trustroot, even as HealthKart gets fresh funding.