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MOJOCARE FUNDING
VCs turn the screws; Ex-Paisabazaar CEO’s new betHappy Friday! Investors are rewriting the rules of engagement with founders after governance blowups. This and more in today’s ETtech Morni...- VC contract terms get tougher on founder shares after governance lapsesVenture capital firms are tightening founder contracts, with nearly 76% of Indian startups now allowing the forfeiture of vested shares for...
- CII brings out new corporate governance charter for startupsCII launched a corporate governance charter for startups, including a self-evaluative scorecard. The tool allows startups to measure their ...
- 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...
- Governance lapses, irregularities prompt LPs to drive changes in startup investmentsAn LP (an individual or an entity) is the money behind a VC or private equity fund. In the past 12-18 months, allegations of governance lap...
- Mojocare’s plan for its remaining capital; Mamaearth's fresh global pushThe board of troubled health and wellness products startup Mojocare has taken a call to return the remaining capital to investors. Details ...
- Mojocare board decides to return funds to investorsOn July 5, ET had first reported that while a few investors considered the option of a fire sale, the majority were in favour of shutting d...
- VCs get more involved in CXO search at early-stage startupsThis comes at a time when the Indian startup ecosystem has been mired in a spate of financial mismanagement, flurry of layoffs and reports ...
- Till debt do us part: will startups go the PharmEasy way, and other top tech & startup stories this weekThis week’s ETtech newsbreak on PharmEasy going for a rights issue at a price 90% lower than its peak valuation of $5.6 billion to repay de...
- Startups and their new normal: Funding crunch, disgruntled employees and allegations of fraudWith the global liquidity situation changing, institutional investors were no longer interested in waiting patiently for startups to go hyb...
- RTP Global closes new $1 billion fund, to deploy one-third of corpus in India, SEAOf the overall $1 billion corpus, the fund has earmarked $660 million for new early-stage investments globally, while it will look to inves...
- Byju’s breaking bad: Will Indian startups feel the aftershocks, and other top stories this week“Are you really surprised?" an edtech founder said, implying that industry executives have seen this blow-up coming for a while. “This will...
- Startup audits in focus as malfeasance climbs; Apple’s App Store payments policy under reviewOver the past year, many venture-funded startups such as BharatPe, Byju's, Zilingo, Rahul Yadav's 4B Networks, and now Mojocare, have come ...
- Startup governance: Audits in focus amid financial irregularities at new-age venturesSome of the auditors have in recent weeks made presentations to venture capital funds showing how their previous audits unearthed financial...
- Startups vs IAMAI, redux; Mojocare investors mull legal action against foundersStartups are once again at odds with the Internet and Mobile Association of India (IAMAI) over the latter’s stance on the digital competiti...
- India likely to bag 40% of jobs lost to layoffs globally; Mojocare funders flag financial finaglingSome good news to chase away the Monday blues. Remember the thousands who lost their jobs globally? According to experts, a big chunk of th...
- B Capital-backed startup Mojocare lays off about 170 employeesHealth and wellness startup Mojocare has laid off 150 to 170 staffers across roles to improve on its unit economics and better its capital ...
- ETtech Deals Digest: Servify stands tall in a dry funding weekDevice management startup Servify pulled in $65 million in funding led by Singularity Growth Opportunities Fund.
- TCS to pay full variable, Twitter misled regulators about bots, and Apple’s Make in India planTCS's decision comes a week after its rival Wipro said that its C-suite level managers will not receive any variable payouts.
- Facebook cofounder Eduardo Saverin’s B Capital to back sexual health startup MojocareExisting investors including Sequoia India, Chiratae Ventures and Better Capital are considering participating in the round, which could be...
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