Dunzo founder’s exit; Digilocker outageHappy New Year! Welcome to the first edition of ETtech Morning Dispatch in 2025. Kabeer Biswas, Dunzo's cofounder & CEO, is in talks to exi...
03 Jan, 2025, 07.45 AM IST
Dunzo’s survival hinges on Reliance Retail commitment to fundsAn impasse after several rounds of discussions has left Dunzo’s other investors increasingly sceptical of its chances of survival in the ab...
18 Dec, 2023, 12.04 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
Dunzo's big valuation drop; decoding govt’s tax math on online gamingDunzo is seeking approval to raise $35 million via a rights issue, but some of its investors feel the cash-strapped startup’s valuation be ...
04 Oct, 2023, 12.26 PM IST
Koo seeks fresh funding, strategics; Dunzo further delays paying salaries, will move out of Bengaluru HQHomegrown microblogging platform Koo is looking for fresh funding or a strategic partnership to further its “next phase of growth,” cofound...
15 Sep, 2023, 08.01 PM IST
ET Startup Awards 2023: search for startup glory begins & other top tech stories this weekETSA this year comes at a time when the technology industry faces multiple headwinds. The volatility in valuations of publicly listed tech ...
09 Sep, 2023, 08.22 AM IST
Dunzo delays payment of August salaries for some staff till end of this weekDunzo has been struggling to close essential new financing as a difference in the scope of valuation between its investors has emerged as a...
04 Sep, 2023, 06.57 PM IST
How digital payments became democratic – the UPI way, and other top tech & startup stories this weekUnified Payments Interface (UPI), the real-time bank transfer mechanism, breached the 10 billion monthly transaction volume mark last month...
02 Sep, 2023, 03.19 PM IST
IT sector drives strong PE interest; Dunzo delays June-July pay yet againData shows the number of private equity (PE) firms holding stakes in Indian IT services companies has doubled between 2019 and 2022 as inve...
31 Aug, 2023, 07.32 AM IST
Markdown detour slows fresh funds delivery to DunzoReliance Retail, the largest investor with 26% stake in Dunzo, is averse to the idea of slashing the valuation of the startup by nearly 50%...
22 Aug, 2023, 08.44 AM IST
From fintechs to NBFCs – A bridge too far, and other top tech & startup stories this weekAfter the issues with IL&FS and DHFL, the regulator has become very concerned about the NBFC sector. Also, a clutch of unscrupulous Chinese...
19 Aug, 2023, 07.31 AM IST
Dunzo’s downfall: from startup star to sinking ship? and other top tech stories this weekThis week was Dunzo’s worst ever since it pivoted to quick commerce with Dunzo Daily in 2021. At ETtech, we have been closely tracking the ...
22 Jul, 2023, 09.53 AM IST
E-gaming investors seek meeting with PM Modi on 28% GST; Third round of layoffs at DunzoA clutch of domestic and foreign investors backing online gaming companies in India has sought a meeting with Prime Minister Narendra Modi ...
21 Jul, 2023, 08.05 PM IST
Dunzo asks rainmaker Reliance for more monies; OneCard, WintWealth apply for NBFC licencesA week after ET reported that Dunzo may lay off more employees after the April carnage when it cut 300 jobs, more bad news is coming. The q...
18 Jul, 2023, 09.51 AM IST
Startups fire 9,400 employees between January- March, more cuts comingEdtech firms Byju's, Unacademy, social media firm ShareChat, apartment-management startup MyGate and car-servicing startup GoMechanic were ...
05 May, 2023, 01.12 PM IST
Swiggy to lay off 380 Employees, says CEOThe food and grocery delivery company is the latest to join the swelling ranks of startups such as ShareChat, Dunzo, Rebel Foods, Hubilo, O...
20 Jan, 2023, 11.30 PM IST
2017 separated the men from the boys. 2018 will be Startup Inc's time to reboot2017 saw tough times for Indian startups, calling for nuanced strategy and a patient approach. Here's an indication of how 2018 might shape...
04 Jan, 2018, 05.50 PM IST