Udaan lays off contractual employees amid COVID-19 – Offers one-month compensation & recommendation letter
India's B2B e-commerce startup unicorn has reportedly laid off several employees working on contractual basis with the company.
India
Funding rounds, acquisitions, regulatory shifts, and major business developments from across the Indian startup and technology landscape.
Itilite – Bengaluru-based SaaS startup raised $13 Mn from Greenoaks & Dubai’s Vy Capital
Bengaluru based software-as-a-service (SaaS) startup Itilite that focuses on business travel on April 18 raised $13 million from Greenoaks and Dubai's Vy Capital.
Sakshi (NGO) launches #MakeHomeASafeSpace to create awareness on Child Sexual Abuse COVID-19
Sakshi, a rights-based NGO, working towards preventing child sexual abuse has launched a digital campaign #MakeHomeASafeSpace amid COVID-19
![[Exclusive] Amsterdam-based entrepreneurs launch the global ‘COVID 19 Blockchain Fund’ to synergise Cryptocurrency for COVID-19 relief](https://laffaz.com/wp-content/uploads/2020/04/amsterdam-entrepreneurs-launch-global-covid-19-blockchain-fund-cryptocurrency-768x402.jpg)
[Exclusive] Amsterdam-based entrepreneurs launch the global ‘COVID 19 Blockchain Fund’ to synergise Cryptocurrency for COVID-19 relief
One of such blockchain or crypto-based COVID-19 funds is the COVID 19 Blockchain Fund that aims to support the most affected nations.
Live online tutoring platform Vedantu raises $6.8 Mn funding from KB Global
Bengaluru-based edtech startup Vedantu that offers online tutoring to students on April 20 raised $6.8 million from South Korea's KB Global Platform Firm.
OYO declares pay cuts and temporary leaves amid COVID-19
Oyo Hotels and Homes on Wednesday announced that it will cut a 25 percent from the salaries of its employees for April-July period
[Exclusive] LimeTray – offering 30% discount on its Online Delivery Solution for Restaurants in the Middle East amid COVID-19
LimeTray will waive-off the set-up fee and also provide 30 percent discount to the restaurants in all Middle East countries including UAE, Egypt, Saudi Arabia, Lebanon, Qatar, and Kuwait...
Google CEO Sundar Pichai donates INR 5 crore to Give India for COVID-19 relief
The CEO of Alphabet and Google, Sundar Pichai has reportedly donated INR 5 crore to a non-profit organisation Give India amid COVID-19
SIDBI launches ‘Startup Assistance Scheme’ amid COVID-19
The Lucknow, India headquartered financial institution has recently introduced a scheme called COVID-19 Startup Assistance Scheme (CSAS)
Swiggy bags another $43 Mn funding from China’s Tencent, Samsung & more
India's online food delivery unicorn Swiggy on March 6 raised $43 million from its existing backer China's Tencent, Samsung, Mirae Asset Capital Markets...
Reliance Industries injects INR 500 Cr in edtech startup Embibe
Reliance Industries invested INR 500 crore in the Bengaluru-based edtech startup Embibe. Back in February, Reliance invested INR 90 crore in Embibe.
Zoho founder Sridhar Vembu contributes INR 25 Cr to PM-CARES Fund for COVID-19
The founder of India's software behemoth Zoho Corp, Sridhar Vembu has reportedly donated INR 24 crore to PM-CARES Fund for Coronavirus relief.