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STRIPE INTERNAL VALUATION
US fintech startup Stripe sends layoff notices with cartoon duck image: Here’s what happenedStripe, a leading U.S.-based fintech company, mistakenly sent layoff notices with a cartoon duck image to 300 employees. The layoffs primar...
Swiggy to axe 400 jobs; Groww vs Zerodha race heats upThe cuts, which will impact about 6% of its 5,500 to 6,000 staff, will most likely happen across teams like technology, call centre, and co...
Silicon Valley startups brace for a summer of painAs the market downturn drags on and investor cash remains hard to come by, more startups will start to run out of money, experts say. Some ...
Stripe continues to cut valuation, now valued at $55 billion down from $63 billion: reportThis is at least the third time since June that the payments startup has cut its internal valuation. Stripe had cut the internal value of i...
Economic Survey 2023: key highlights for the startup and tech sectorFinance Minister Nirmala Sitharaman tabled the Economic Survey 2022-23 in Parliament on Tuesday. While the document largely gave an insight...
Exclusive: Dealshare lays off 100 employees; Oyo eyes first profitable yearLast year, Dealshare expanded to 150 cities and towns across India as it chased growth above all else. Now, the company has laid off 100 em...
Stripe hires JPMorgan, Goldman Sachs to explore liquidity raiseThe move comes after Stripe told staff late last year that it would cut more than 1,000 jobs as it seeks to rein in costs ahead of any econ...
Stripe cuts internal valuation by 11% to $63 billionIt's at least the third time since June that Stripe has cut its internal valuation, following a smaller cut in October, and brings the tota...
Amazon, Lyft, Stripe, Twitter and other tech companies that have announced hiring freezes and layoffsAmazon said senior executives this week decided to pause incremental corporate hiring because the economy was "in an uncertain place."
Digital payments firm Stripe to lay off 14% of workforceAfter the job cuts, Stripe will have about 7,000 employees, according to an email to employees from founders Patrick and John Collison on T...
Digital payments platform Stripe lays off employeesSources estimate the number of employees impacted by the workforce reduction at Stripe is between 45 and 55 folks.
Payments firm Stripe cuts internal valuation by 28% - WSJPayments firm Stripe told employees in an email that its internal share price was about $29, compared with $40 in the previous internal val...
Revolut makes first acquisition in India through money transfer firm Arvog ForexThe acquisition will strengthen Revolut’s foundation in India and accelerate its plans to offer remittance and forex services to Indian cus...
UK fintech giant Revolut invests Rs 340 crore in India opsThe investments are for Revolut’s first cross-border remittance product in India, which it plans to launch in the second half of 2022. The ...
Clear raises $75 million from Kora Capital, Stripe and othersStripe, the most valued startup in the US, last week made its first India acquisition with Recko
Stripe migrates servers hosting data of Indian customers to comply with local lawsThe move is aimed at complying with the Reserve Bank of India’s regulation on data localisation.
Stripe, a $23 billion startup, eyes India amidst waning globalisationStripe builds software and payment infrastructure that helps businesses accept money online and across borders. Its founder Patrick Colliso...