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Yubi appoints ex-Salesforce executive Venkat Ramana Sonnathi as group chief architectThe overarching technological architecture for all Yubi platforms, including spocto and Corpository, will be led by Sonnathi in his new rol...
Venture debt firm Stride Ventures raises $200 million for new fundStride Ventures said it has seen participation from banks, family offices, corporate treasuries, sovereign funds, and PE funds, among other...
Is the free lunch over at startups?Marketing budgets are getting slashed, layoffs are becoming commonplace, founders and top management are taking pay cuts, and perquisites —...
Insight Partners eyeing deeper presence in India: MD Nikhil SachdevInsight has backed companies such as Cred, Yubi (previously CredAvenue), Rattle, FanCraze and M2P. The VC firm, which has been investing in...
Collect Tech Platform Spocto hires ex-Google, Amazon executivesSpocto’s hirings come at a time when the firm is expanding its receivables management and delinquency prevention platform
ETtech Deals Digest: Eruditus, Menlo Micro, CredAvenue raise fundsSoftBank-backed executive education-focussed startup Eruditus, technology company Menlo Micro and online debt marketplace CredAvenue were a...
BharatPe board won’t touch Grover-Koladiya fight; ET Startup Awards guests of honourSources tell us BharatPe’s board is unlikely to intervene in this fight and that shareholders will have to sort it out among themselves.
CredAvenue acquires majority stake in Spocto SolutionsThe acquisition will help CredAvenue include a digital collection solutions for lenders and help mitigate risk and curb fraud on its platfo...
CredAvenue appoints Flipkart's Krishnendu Majumdar as chief product officerMost recently, he served as the vice-president of catalogue and buying experience at Flipkart. He has experience across domains like bankin...
New-age firms roll out unlimited childcare leavesThese companies are also offering their staff childcare reimbursement and extended maternity and paternity leaves, with the third Covid wav...
New-age firms expand childcare benefits to give employees greater flexibilityThese companies are also offering their staff childcare reimbursement and extended maternity and paternity leaves, with the third Covid wav...
CredAvenue brings on board ByteDance's Abhishek Mehrotra as CHRODebt markets platform CredAvenue has brought on board Abhishek Mehrotra as chief human resource officer. Mehrotra joins the firm from Byted...
CredAvenue raises $90 million in India's biggest Series A funding roundCredAvenue has raised $90 million in a Series A funding round led by Sequoia Capital, at a valuation of $410 million. The funding will be u...
Vedantu joins unicorn club; Tata’s super app gets a nameVedantu, an edtech platform, has become the 28th Indian startup unicorn of 2021, a year that has seen unprecedented funding pour into the c...
Online debt arranging platform CredAvenue to double headcount by March 2022"We expect to double our headcount to 700 by the end of FY22, from 350 now. It was 250 last year. Of the total staff, as much as 450 will b...
FlexiLoans partners with Vivriti Capital to disburse Rs 300 crore to MSMEsFlexiloans has so far disbursed more than Rs 1000 crore to more than 30,000 customers across 1500 cities across India. It receives over 100...
Creation Investment leads Rs 100 crore round in Vivriti CapitalThe latest capital infusion has taken the company’s total equity funding to ₹760 crore (about $105 million), since it was founded in 2017.