Pool of ‘unemployed CXOs’ grows as old firms refuse to match startup salariesSeveral CXOs laid off by startups are struggling to find new roles as traditional companies are unwilling to hire them at the inflated sala...
27 Mar, 2024, 07.54 PM IST
Govt may tweak rules for AI firms, LLMs; FY23 financials for Unacademy, MyntraThe amendments, to be notified soon by the IT ministry, could mandate that platforms that use artificially intelligent algorithms or langua...
04 Jan, 2024, 07.36 AM IST
FY23 earnings for Unacademy, Myntra; Union Bank staff spurn digital currency perksFY23 results for Myntra, ZestMoney, Curefoods, Unacademy, Sugar Cosmetics, and Kapiva presented a mixed picture on Wednesday, with surging ...
03 Jan, 2024, 07.36 PM IST
Funding in Indian startups sinks to $7 billion, lowest since 2017Investments till date at $7 billion for 2023; Oct-Dec least funded quarter since July-Sept 2016, show data
09 Dec, 2023, 08.07 AM IST
Startups’ annus horribilis; and other top tech stories this weekIndian startups are closing 2023 with a cloud of uncertainty looming large over them.
09 Dec, 2023, 07.54 AM IST
Byju’s CEO says will tide over crisis in 45-60 days; BNPL startup ZestMoney to shut downAmid the ongoing cash crunch at Byju’s, founder and CEO Byju Raveendran told senior executives that he is aiming to address the crisis over...
07 Dec, 2023, 12.15 AM IST
Byju’s term loan gets more expensive; MPL lays off 350 post GST hitByju's quest to settle the $1.2 billion TLB feud might come at a steeper price. The embattled edtech firm might have to pony up an addition...
09 Aug, 2023, 07.41 AM IST
Till debt do us part: will startups go the PharmEasy way, and other top tech & startup stories this weekThis week’s ETtech newsbreak on PharmEasy going for a rights issue at a price 90% lower than its peak valuation of $5.6 billion to repay de...
08 Jul, 2023, 09.42 AM IST
Rajeev Misra’s $7 billion fund eyes more India play; SRK may say bye to Byju’sIt's been exactly a year since Rajeev Misra stepped back as the top boss of Japanese multi-billion dollar conglomerate SoftBank’s tech-focu...
04 Jul, 2023, 07.52 PM IST
The unbooming of crypto boom and other top tech & startup stories this weekBy calling out the widespread adoption of private crypto currencies as a risk to monetary stability, the RBI has indicated to the market th...
03 Jul, 2023, 09.16 AM IST
Expect further corrections in startup valuations: Prosus CEO Bob van DijkThe froth of the low-interest rate regime hasn’t fully been washed away and the startup ecosystem is likely to see valuations drop further,...
28 Jun, 2023, 04.01 PM IST
Byju’s sighs, in relief; Prosus writes off ZestMoney investment; and BGMI’s India returnAfter a long time, it was Christmas at Byju’s as a US court rejected a plea by its Term Loan B (TLB) lenders to probe a $500-million transf...
28 Jun, 2023, 09.09 AM IST
Prosus cuts Byju’s valuation to $5.1 billion, writes off ZestMoney investmentProsus, earlier Naspers, owns little over 9% in Byju’s and readjusted the fair value of its investment in the firm to $493 million as of Ma...
27 Jun, 2023, 11.20 PM IST
Byju’s breaking bad: Will Indian startups feel the aftershocks, and other top stories this week“Are you really surprised?" an edtech founder said, implying that industry executives have seen this blow-up coming for a while. “This will...
24 Jun, 2023, 07.38 AM IST
PhonePe goes live with merchant loans; Government probing Byju’sAfter its failed ZestMoney acquisition, PhonePe is kickstarting its credit journey with merchant lending.
23 Jun, 2023, 07.37 PM IST
Zomato goes live with UPI offering, Flipkart to follow; ZestMoney gets new leadershipGurgaon-based food-delivery company Zomato has gone live with a third-party Unified Payments Interface (UPI) application for some of its us...
16 May, 2023, 08.50 PM IST
India continues to be a big growth driver for NaspersTerming FY19 as “transformational”, the company said almost all its revenue came from online activities.
22 Jun, 2019, 03.02 PM IST