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Snapdeal cofounder Kunal Bahl says governance scandals have hurt trust in Indian startupsGovernance scandals have shaken India's startup ecosystem, eroding trust and prompting investors to demand stricter controls, said Snapdeal...- 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...
- VCs double check corporate governance as lapses riseMultiple top-tier founders and investors said investors are bringing in stricter terms in shareholding agreements as well as term sheets an...
- 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 ...
- Mamaearth parent Honasa’s IPO at a crossroads, and other top tech, startup stories this weekThis week the much-awaited initial public offering (IPO) of omnichannel retailer Honasa Consumer Ltd, the parent of beauty and personal car...
- Groyyo investors tap Deloitte; new-age firms hired more in FY23Big4 company Deloitte has been mandated by the investors of Groyyo — Tiger Global and Alpha Wave Global — to ‘work with’ the startup and ta...
- Investors rope in Deloitte at Groyyo to shut down its B2B trading businessNew York-based investment fund Tiger Global is also believed to be engaging with another Big 4 audit firm for a potential forensic audit of...
- B2B manufacturing startup Magma raises $3.3 million in funding led by General CatalystUnicorn startup founders, including Varun Alagh of Mamaearth, Aayush Phumbhra of Chegg, and Srinivas Anumolu, as well as existing investors...
- Groyyo appoints ThreadSol's Abhishek Srivastava as CTOAbhishek Srivastava brings nearly 20 years of expertise in technology and manufacturing technology. He and his team built ThreadSol from th...
- 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...
- Amazon India bets on local stores, social commerce; startups want more women in tech rolesAmazon said it was now looking to onboard more physical stores on its India platform to increase the number of goods that can be delivered ...
- Coinbase sacks 8% of India team; UpGrad bags $225 million, bucks edtech trendCoinbase’s share price is down an eye-popping 80% since the start of the year, making bitcoin’s 54% drop look like a minor blip.
- B2B supply chain startup Groyyo raises $40 million in mix of equity and debt led by Tiger GlobalGroyyo plans to utilise the funds raised to scale the team across manufacturing clusters in India and Bangladesh and key demand belts in th...
- Groyyo gets $4.6 million seed funding from Alpha Wave, othersGroyyo, a B2B manufacturing and automation startup, will use the funding to build teams across key manufacturing clusters in South Asia, an...
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