Payments Council seeks govt help on RBI rule; Trell’s troubles mountNow, another industry body – the Payments Council of India – is urging the government to help resolve the fallout from the controversial ne...
27 Jun, 2022, 06.46 AM IST
Cars24 fires 600 employees across departmentsCars24, backed by Japan’s SoftBank and Alpha Wave Global, has joined a growing list of startups such as Unacademy, Vedantu, and Meesho that...
19 May, 2022, 08.23 PM IST
Edtech unicorn Vedantu lays off 200 employeesAbout 120 of these employees were on contract while 80 were full-time employees, Vedantu told ET. Almost all were from the company’s academ...
05 May, 2022, 08.59 PM IST
BharatePe, Trell, Zilingo investor Sequoia Capital says will respond strongly to wilful misconduct, fraud"We think it’s time for us, as an ecosystem, to sign up for better governance,” says the VC fund, as many of its portfolio firms in India f...
18 Apr, 2022, 11.40 AM IST
Startups to remain attractive for jobseekers despite hiccups, say expertsIndustry insiders told ET that astronomical hikes to attract talent may likely see some correction in the coming quarters, but the sector i...
10 Apr, 2022, 06.00 AM IST
Investors buy Trell’s stake in AppsForBharat for $9 million as startup struggles for cashThe secondary transaction saw Mirae Asset and Middle-East based MSA Novo buy shares from Trell, amounting in all to around $9-10 million as...
05 Apr, 2022, 11.27 AM IST
Infra.Market failed to disclose Rs 224 crore of income: IT probeWhen confronted with the evidence, directors of the group, “admitted under oath this modus operandi, disclosed additional income of more th...
21 Mar, 2022, 01.51 PM IST
Trell cofounder Sachan sold full stake in company last year, says no longer involvedSachan said he first diluted the majority of his equity in Trell by transferring it to the management stock options plan (Msop) in December...
21 Mar, 2022, 12.10 PM IST
Exclusive: Tiger Global-backed unicorn Infra.Market faces tax probeIncome Tax authorities have raided offices of the company in several cities, including Noida, Hyderabad, Bengaluru, Pune and Mumbai.
17 Mar, 2022, 10.59 AM IST
SoftBank may invest in Tata, Mahindra; RBI to set terms of Paytm Payments Bank auditThe news comes just days after we reported that Tata Digital had sought funds from its parent firm Tata Sons after talks with various globa...
15 Mar, 2022, 10.18 AM IST
Paytm Payments Bank denies it leaked data to China; Trell to lay off hundreds of employeesBloomberg reported that the RBI acted against Paytm Payments Bank as it had allegedly leaked data to entities in China. The company has ref...
14 Mar, 2022, 07.51 PM IST
EY India probes finances of influencer-led social commerce startup TrellThe team from the consulting firm is looking into alleged related party transactions by its founders and other financial irregularities, th...
12 Mar, 2022, 06.00 AM IST
ETtech Deals Digest: Flipkart, Delhivery raise funds this weekStartups bagged bigger rounds this week compared to the previous one. E-commerce firm Flipkart and logistics startup Delhivery were among t...
16 Jul, 2021, 06.56 PM IST
Flipkart lands a biggieFrom Flipkart's new funding to Paytm shareholders giving a go-ahead for its upcoming IPO and WhatsApp's new privacy policy problem, here's ...
12 Jul, 2021, 07.26 PM IST
Social commerce startup Trell raises $45 million from Mirae, H&M othersPulkit Agrawal, Trell’s cofounder said that the company has fulfilled 1 million orders at an average order value between Rs 750-800.
12 Jul, 2021, 07.19 PM IST
Trell in talks to raise $25-30 million funding at $400 million valuationTrell’s valuation for the said fundraising is nearly double from August last year when the social commerce platform raised $11.4 million in...
11 Mar, 2021, 06.01 AM IST
Chinese banks eye early-stage deal in Indian startupsThe access to a country the size of China, the world’s second-largest economy and consumer market is a powerful reason for linking up.
14 Oct, 2019, 01.59 PM IST