ETSA 2023 | OfBusiness seeks ‘high’ of having its ticker on exchangesWinner of the prestigious Startup of the Year award at the Economic Times Startup Awards 2023, business-to-business (B2B) ecommerce platfor...
05 Oct, 2023, 06.00 AM IST
Peak XV, Orios, Chiratae file EOW complaint over financial irregularities at GoMechanicThis development comes seven months after Gurugram-based GoMechanic’s founders admitted to financial misreporting in a LinkedIn post. Orios...
22 Aug, 2023, 10.14 PM IST
Exclusive: Mojocare investors weigh legal action against foundersDraft note circulated among investors says founders inflated revenue; final forensic report expected in 10 days.
20 Jun, 2023, 03.30 PM IST
India not for the fainthearted, but worth it: Lightspeed’s Bejul Somaia after Sequoia’s exitIn a lengthy note posted on Twitter, he said India is not for the fainthearted, but its potential is compelling.
15 Jun, 2023, 07.11 PM IST
Byju’s defaults on $40 mn loan payment, sues lender; Sequoia India is now Peak XV PartnersDays after its negotiations with creditors to restructure a $1.2 billion term loan fell through, edtech firm Byju’s missed a quarterly inte...
06 Jun, 2023, 08.18 PM IST
Car servicing startup GoMechanic acquired by Lifelong group led consortium in slump saleThe sale was led by GoMechanic's venture debt investor Stride Ventures. "This transaction will assist in preserving the ecosystem at large ...
01 May, 2023, 05.13 PM IST
Exclusive: Behind Tata Neu’s muted first year performance; Gokul Rajaram on Indian startups, valuations & moreTata Digital's much-hyped superapp Neu has had a slow start in its first year of launch. Sources told us that the platform contributed less...
30 Mar, 2023, 08.58 AM IST
NCLAT upholds CCI’s Rs 1,338-crore fine on Google; GoMechanic gone in slump saleThe NCLAT bench has directed Google to carry out the competition regulator’s directions and deposit the fine within 30 days. The penalty of...
29 Mar, 2023, 08.20 PM IST
Edtech: M&A talks gain momentum amid a prolonged funding crunchEven as the winter recedes from the capital, the chilly undercurrent of the funding winter was palpable at the GSV Emeritus India Summit, o...
26 Feb, 2023, 12.28 PM IST
Rivals snag users from top payment gateways hit by RBI freeze; RoC seeks MCA nod to examine GoMechanic’s booksPayment aggregator CCAvenue has seen an 18% jump in new merchant sign-ups in the October-December period, while merchant addition tripled i...
21 Feb, 2023, 05.09 PM IST
Exclusive: RoC seeks to examine GoMechanic's books after allegations of financial irregularitiesLast week, the National Company Law Tribunal (NCLT) issued a notice to Sequoia-backed beleaguered automobile after-sales service startup ov...
21 Feb, 2023, 07.59 AM IST
Pricewaterhouse raised issues with GoMechanic’s operations in its FY20 auditPricewaterhouse audited financial statements of GoMechanic only for the 2020 fiscal year, following which it was replaced by BSR & Co, an a...
21 Jan, 2023, 06.31 PM IST
View: The dispensability quotient of employees in IndiaBe it business plans going awry, cost-cutting, underperformance, the mistake of over-hiring or downright cooking of books — employees are t...
20 Jan, 2023, 11.38 PM IST
B Capital closes third growth fund at $2.1 billion to ramp up India betsB Capital’s third growth fund is more than double its previous one, which had a corpus of $820 million and closed in June 2020. With the la...
20 Jan, 2023, 10.25 AM IST
The unravelling of GoMechanic after SoftBank-Khazanah funding collapsed; Oyo to refile IPO papersWith SoftBank and Malaysia’s Khazanah pulling the plug on GoMechanic funding round after EY flagged issues like inflated revenues, fictitio...
18 Jan, 2023, 07.42 PM IST
Five in 10 companies have dedicated members managing employee wellness: SurveyOnly 56.6% said they have dedicated members managing their employee wellness - nearly half of the responses came from companies having empl...
01 Dec, 2021, 04.27 PM IST
French carmaker Citroen upbeat on India entry early next year despite Covid challenges“If you see the market, the sales figures for September are much better than June-July. The festive months are coming, the government has s...
30 Sep, 2020, 05.06 PM IST