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DEALSHARE UNICORN
Dealshare FY24 revenue falls 75% post restructuring, loss narrows to a thirdWhile revenue fell sharply, it managed to reduce loss to a third at Rs 167 crore compared with Rs 503 crore the year before, according to t...- upGrad appoints Venkatesh Tarakkad as Chief Financial OfficerEdtech unicorn upGrad appoints Venkatesh Tarakkad as its first CFO. Tarakkad will oversee global financial strategies, investor relations, ...
- 2023 Year in Review: Meet the top free agents in India’s technology and startup ecosystemStartups like Dunzo and Dealshare have seen their cofounders leave, while top executives like Byju's chief technology officer Anil Goel, ch...
- Dealshare founder, president of retail business in race for CEO post“There is a review going on since Rao stepped down as the CEO. Singh and Medda are the two candidates from the existing management. But the...
- Dealshare cofounders Vineet Rao, Sankar Bora exit post rejigWhile Rao “stepped down” from his role of chief executive in July and was supposed to work with the board for hiring a new CEO, he has now ...
- Binny Bansal cashes out of Flipkart, Walmart stake hits nearly 80%; Dealshare CEO steps downSachin Bansal cashed out of Flipkart when the Americans moved in five years ago. But his cofounder Binny Bansal had held on to his stake. N...
- Ecommerce startup Dealshare CEO Vineet Rao steps down, board will identify replacementThe company said Rao would “work with the Board to help identify the right CEO to lead this mission. He will also continue to work with and...
- Exclusive: Dealshare lays off 100 as Tiger Global-backed startup reworks business planAccording to sources aware of the matter, the company has seen a drop of over 30% in its annualised gross merchandise value (GMV) run rate ...
- India saw 14 new unicorns in Jan-June; up from 13 year-on-year: TracxnIndia ranks third in overall unicorns created, with the United States in first position, followed by China, Tracxn added.
- Dealshare appoints Venkatesh Tarakkad as new CFOAt Dealshare, he will be in charge of the company’s finances and supply chain operations. Tarakadd’s previous stints include Ecom Express, ...
- Early-stage deals in India more than doubled to $2 billion in Q1 2022: reportTotal funding in the first quarter of FY22 was up nearly 80% year-on-year (YoY) to $9.2 billion from $5.1 billion in the same quarter last ...
- Hasura raises $100 million, becomes tenth startup unicorn of 2022With the latest fundraise, Hasura is valued at $1 billion, making it the tenth startup to enter India’s unicorn club this year.
- Dealshare turns unicorn after $165 million funding from Tiger Global, Alpha WaveTiger Global invested almost $40 million while Alpha Wave Ventures invested more than $31 million. After the funding, Tiger Global owns 11....
- Google bets a billion on Bharti Airtel; Zomato backs two more startupsGoogle will make an equity investment of $700 million in Bharti Airtel at Rs 734 a share. The $300 million go towards scaling Airtel’s offe...
- Startup biggies to double down on CXO hiringAccording to data shared by Xpheno, a specialist staffing firm, 100 to 120 CXOs are likely to be hired by these 130 unicorns and soonicorns...
- General Catalyst hires Anand Chandrasekaran for its India playIn his role as a General Catalyst’s partner and investor, Anand Chandrasekaran will focus on startup investments in India and the US. As an...
- CityMall joins hyper-competitive fresh grocery spaceThe startup had struggled with supply chain issues despite attracting demand the first time around, a person aware of its plans said.
- ETtech Deals Digest: Spinny, Pristyn Care enter unicorn clubIndia minted two unicorns this week as used car retailing platform Spinny and health technology startup Pristyn Care joined the coveted clu...
- Big get bigger as select startups gain most amid funding boomData sourced by ET from industry tracker Venture Intelligence showed that almost 50% of the $24.5 billion in total funds raised by Indian s...
- Swiggy to test social commerce for group buying of groceriesSwiggy has been conducting a combination of external as well as internal hiring – including for several technology roles - to build the ver...
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