HT Media to acquire VCCircle.com parent Mosaic Media from News Corp
HT Media Ltd, is reportedly projecting plans to acquire the VCCircle.com parent entity Mosaic Media Ventures Pvt. Ltd from News Corp.
India
Funding rounds, acquisitions, regulatory shifts, and major business developments from across the Indian startup and technology landscape.
Swiggy to layoff 350 employees due to COVID-19
After laying off 1100 employees back in May, Swiggy is again set to lay off 350 employees as a part of its realignment exercise amid COVID-19.
Social-commerce startup BulBul raises $8.7 Mn funding from Info Edge
Gurgaon, Haryana-based BulBul, a social-commerce startup that lets people sell their products by leveraging its video streaming avenue, has raised $8.7 Mn
Freshworks – India’s SaaS unicorn startup scoops $85 Mn from Steadview Capital
Freshworks (formerly, Freshdesk) on Monday announced that it has raised $85 million from Steadview Capital, a London-based alternative asset management firm.
Zoho to set up 250-bed hospital for rural in Kattankulathur, Tamil Nadu
India's home-grown SaaS giant Zoho has recently announced that the company is projecting a 250-bed hospital in Kattankulathur district, Tamil Nadu.
Bengaluru’s Ather Energy scoops INR 84 Cr from Hero MotoCorp
Bengaluru-based electric scooter manufacturer, Ather Energy has today raised a sum of INR 84 crore (around $11.2 million) from Hero MotoCorp.
Bollywood duo Genelia and Riteish Deshmukh launch plant-based meat venture
Genelia Deshmukh and Riteish Deshmukh stepped into the entrepreneurship club by launching Imagine Meats, a plant-based meat production company
Finin – Neobanking startup scoops funding from Unicorn India Ventures
Bengaluru-based neobanking startup, Finin on Monday closed a Pre-Series A round from Unicorn India Ventures' Fund II, PointOne Capital and Astir Ventures.
Agritech startup Vegrow raises $2.5 Mn from Matrix Partners & Ankur Capital
Agritech startup Vegrow has today raised $2.5 million in seed funding led by Matrix Partners India and Ankur Capital with participation from Better Capital.
InCred scoops INR 500 Cr debt funding
Mumbai-based InCred today raised INR 500 crore (around $6.8 million) from a number of public sector banks and financial institutions.
Dailyhunt launches Josh, a short video app like TikTok
Dailyhunt launches Josh. After the TikTok ban, the Indian startup ecosystem is witnessing a huge plethora of Indian short video creation & sharing platforms.
Aatmanirbhar.Live launched as one of India’s largest incubator for MSMEs
Three Indian youngsters last month launched World's largest virtual incubator in India called Aatmanirbhar.Live to contribute to $5-trillion economy