Acko’s $120 million secondary; Udaan in talks for new fundingHappy Wednesday! Acko is finalising a secondary share sale transaction valued at $100-120 million. This and more in today's ETtech Morning ...
23 Oct, 2024, 07.24 AM IST
Lightspeed partners Abhishek Nag, Vaibhav Agrawal quitVaibhav Agrawal is set to launch his own venture firm. Abhishek Nag has joined Mumbai-based 360 One (formerly IIFL Wealth & Asset Managemen...
13 Apr, 2024, 08.27 AM IST
Udaan FMCG biz head Vinay Shrivastava quits; fourth senior exit since Sept’23Udaan's FMCG business head, Vinay Shrivastava, has resigned amid a series of senior exits at the B2B e-commerce firm. Shrivastava, with nea...
31 Jan, 2024, 09.49 PM IST
Apple iPhones lift electronics exports; Udaan CFO exitsApple’s iPhone led the charge in India’s booming smartphone exports, contributing significantly to a record 22.24% growth in overall electr...
22 Jan, 2024, 07.22 PM IST
Udaan lays off over 100 employees shortly after $340 million fundraiseMost of the job cuts happened in the go-to-market (GTM) team, which handles relationships with sellers, among other responsibilities, peopl...
18 Dec, 2023, 06.41 PM IST
Udaan's fundraise; VC-backed listed tech firms hit $50B market capBusiness-to-business (B2B) ecommerce firm Udaan has raised $340 million through conversion of its debt and fresh equity infusion. This and ...
14 Dec, 2023, 07.54 PM IST
Zerodha's Nikhil Kamath invests Rs 100 crore in Nazara; Udaan CTO to exit amid rejigGame on! Online gaming and media firm Nazara Technologies on Monday said it was raising Rs 100 crore from Nikhil Kamath, cofounder of retai...
04 Sep, 2023, 08.20 PM IST
Udaan CTO Gaurav Bhalotia to exit as B2B startup rejigs units, rolesThe company said that the technology vertical would be split into separate ‘product’ and ‘engineering’ functions. While Siddharth Reddy wil...
04 Sep, 2023, 06.39 PM IST
2022 | The year of governance misses, layoffs, a funding winter & regulatory diktatsIn the span of a year, the technology world went from euphoria to turbulence – be it in the stock markets or in the private funding space. ...
28 Dec, 2022, 09.26 PM IST
2022 Year in Review | Udaan, Ola and Oyo log most senior executive exits this yearAt least 50 top executives - ranging from C-suite to category and business heads - left Udaan in 2022, as the company grappled with funding...
28 Dec, 2022, 01.24 PM IST
Startups laid off 18,000 employees in 2022; Udaan, Ola, Oyo saw the most senior-level exitsThis time last year, India’s startup ecosystem was counting unicorns. Now, it’s tallying layoffs. According to data compiled for us by Long...
28 Dec, 2022, 08.05 AM IST
Reliance may acquire Metro AG's India business at a value of less than $500 millionThe move will help Reliance Retail – the retail unit of the conglomerate -- to consolidate its presence in the B2B trade segment which it h...
22 Dec, 2022, 12.20 AM IST
Udaan fires over 1,000 employees in second round of layoffsThis is the second round of layoffs for Udaan after it laid off 180-200 employees, or 5% of its workforce, in June. Back then as well, the ...
04 Nov, 2022, 03.22 PM IST
RIL, CP Group, Lightspeed in fray for Metro's India businessThe balance is tilted in favour of Reliance as of now since Metro wants a quick exit and does not want any regulatory hurdle which could co...
26 Jul, 2022, 04.02 AM IST
Koo’s Chinese investor Shunwei Capital exits firmFormer cricketer Javagal Srinath, Bookmyshow founder Ashish Hemrajani, Udaan co-founder Sujeet Kumar, Flipkart CEO Kalyan Krishnamurthy and...
17 Mar, 2021, 03.25 PM IST
Shunwei Capital exits Bombinate Technologies, parent company of Vokal & KooKoo was founded in March 2020 by Radhakrishna and Mayank Bidawatka, as a micro- blogging platform for Indian languages.
17 Mar, 2021, 03.16 PM IST
Indian startups need global growth-stage players to scale, says GGV Capital's Hans TungHans Tung says while early-stage VCs are highly competitive, there is not as much late-stage money in Indian startup scene.
20 Sep, 2019, 09.29 AM IST