Edtech firm Chegg to lay off 441 employees in restructuring process
Chegg, a prominent player in the education technology sector, has announced a significant restructuring plan that includes laying off approximately...
Former Indian IT MoS Rajeev Chandrashekhar gets into debate with Elon Musk on EVM hacking
The security of electronic voting machines (EVMs) has been a topic of discussion between American entrepreneur Elon Musk and BJP...
Zomato confirms ongoing rumors of Paytm’s ticketing business acquisition, says no final deal yet
Food delivery behemoth Zomato has revealed talks with Paytm about acquiring Paytm's movie ticketing and events company, in a calculated...
Reports suggest that OYO will raise $100 Mn to $125 Mn in funding at $2.5 Bn valuation
Oyo, a global chain of low-cost hotels, reportedly wants to raise an extra $100–$125 million in a market valued at...
Slice raises $20 Mn from Neo Asset Management as part of larger $30 Mn debt round
Slice, a fintech business based in Bengaluru, has successfully raised $20 million (about INR 170 crore) from Neo Asset Management's...
Lotus Herbals sets up $50 Mn fund to invest in early stage beauty startups
A $50 million innovation fund has been established by Lotus Herbals, a significant participant in the personal care industry, to...
Indian Startup Funding News: Indian startups raised $201 Mn in this week; from Foxtale to Skye Air
Subdued investment activity aside, there has been a notable upsurge in the Indian startup environment. In 21 agreements between June...
Market cap of BSE listed firms hits $5.18 Tn high, beats Hong Kong to become 4th largest globally
Hong Kong has lost ground to India's Bombay Stock Exchange (BSE) to become the world's fourth-largest equities market, a significant...
Laid off Paytm employees raise objections against unfair layoffs, some asked to ‘voluntarily resign’
Following a recent round of layoffs, Paytm has seen strong opposition from both the media and its workforce. The company...
Hyundai Motors India files for $3 Bn IPO
A potentially revolutionary financial move is about to be made by Hyundai Motor India Limited (HMIL), the South Korean automaker's...