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Lenskart's $200-million secondary; Wipro’s Delaporte’s golden handshakeHappy Thursday! Singapore investor Temasek and US-based fund Fidelity are preparing for a $200-million funding round in Lenskart along with...- Board-founder brouhahas: Lessons from the OpenAI-Sam Altman saga; and other top tech, startup stories this weekThe entire tech world was glued to the drama as we followed the events unfold on Elon Musk’s X ( formerly Twitter). Props to the US tech pr...
- Parag Agrawal, Ankiti Bose, Steve Jobs: Tech CEOs who were firedParag Agrawal laid off from Twitter. Tech CEOs who have been fired
- 2022 Year in Review: the biggest stories in technology & startups this yearFrom controversies and regulatory diktats to high-profile exits and en masse layoffs, 2022 was a turbulent year for the tech industry.
- Is Meta losing its way?The company is pouring billions into its virtual reality division in hopes of Big-Banging the metaverse into existence, but back in the rea...
- Govt quietly blocks PUBG replacement; Ola halted EV production after ‘inventory pile-up’A source has told Reuters the government silently ordered the blocking as it was concerned the hugely popular game was sharing users’ data ...
- Ahead of board meeting, ex-Zilingo CEO Ankiti Bose endorses cofounder's proposal to buy companyIn an email sent by cofounder Kapoor and endorsed by ex-CEO Bose, Kapoor proposed to pay up $48 million in outstanding debt and infuse addi...
- Crypto investors nurse FOMO wounds; Zilingo founders offer to buy troubled firmAs the bears’ grip on the market tightens, Indian investors who succumbed to FOMO (fear of missing out) and invested in crypto assets are f...
- How to torch your unicornAnkiti Bose is right to fear for her reputation. The confident, charismatic businesswoman ran a burgeoning empire that spanned from Indones...
- Sequoia closes largest India, SEA fund at $2.85B; concerns over proposed IT rules changesThe storied VC firm has now closed this fund, and will invest $2 billion of it in Indian startups and the remaining $800 million across Sou...
- Sequoia cuts ties with legal firm citing ‘concerning incidents’ in probe findingsAlgo Legal is a law firm which was founded by former Sequoia Capital general counsel Sandeep Kapoor. He had worked at Sequoia for nearly ni...
- Sequoia cuts ties with law firm; Xiaomi India gets a new headVenture Capital fund Sequoia informed its portfolio companies that it has stopped working with the law firm, Algo Legal.
- I’m grieving and fighting for myself simultaneously, says fired Zilingo CEO Ankiti BoseAnkiti Bose said that, in the end, the company fired her for a lack of cooperation in the investigation rather than for actual financial im...
- Have obtained protection order from Singapore Court against Twitter user: Zilingo’s former CEO Ankiti BoseHer post added that her apps are filled with 'hate messages and unfounded negative press' and she cannot even bear to unlock her phone with...
- Not the end of the termination saga, says Zilingo founder Ankiti BoseAnkiti Bose said she was unclear about her next steps but that “there is more to this allegation, suspension, termination saga” that has pl...
- Terra’s aftershocks torment cryptoThis week, Terra’s creator Do Kwon was fined $78 million by tax authorities and faces an investigation in South Korea, another stablecoin l...
- Zilingo sacks CEO Ankiti Bose: how the saga unfoldedThe statement added that after Bose was suspended as CEO, she brought to the board’s attention certain harassment claims but these did not ...
- Musk plans Twitter’s second IPO; Zilingo cofounder rebuffs harassment claimsElon Musk plans to take Twitter public again and could do so within three years of buying the social media company, the Wall Street Journal...
- Open is India’s latest unicorn; Amazon asks RBI to audit Future RetailNeobanking platform Open has closed a $50 million funding round led by IIFL Finance at a valuation of $1 billion, sources told us. This mak...
- Ola pilots 10-min food delivery, CEO Bhavish Aggarwal says will focus on future projectsOla has begun offering select dishes in some parts of Bengaluru within 10 minutes through its quick commerce arm Ola Dash. Items on the men...
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