BookMyShow lays off 270 employees
India's online ticket-booking platform BookMyShow has reportedly let go its 270 employees in a wake of economic crisis due to the COVID-19 pandemic.
India
Funding rounds, acquisitions, regulatory shifts, and major business developments from across the Indian startup and technology landscape.
Enactus NSUT launches Project KITABAT to revive art of Urdu and Arabic Calligraphy
A group of NSUT students have set out to revive the intricate art of Urdu and Arabic Calligraphy through Project Kitabat.
Groupe SEB India appoints ex-Reynolds country manager Ashish Kakkar as the CEO for India
Groupe SEB, a French small domestic appliance maker announced that the company has appointed Ashish Kakkar as the CEO for India operations.
[Exclusive] Biogreen develops a transparent biodegradable face mask
Bengaluru, India-based biotechnology startup Biogreen today told LAFFAZ that the company has developed a biodegradable and transparent face mask.
Gurugram-based SaaS startup SirionLabs raises $44 Mn from Tiger Global
The Gurugram, Haryana-based SaaS company SirionLabs has raised $44 million from Tiger Global Management and Avatar Growth Capital in a Series C round.
Gurugram-based Intello Labs scoops $5.9 Mn from Saama Capital
Gurugram-based agritech startup, Intello Labs on Wednesday (May 13) raised $5.9 million in a Series A round led by the early-stage investor Saama Capital.
Delhi-based logistics startup Shiprocket raises $13 Mn funding from Tribe Capital
New-Delhi-based logistics aggregator Shiprocket has today raised $13 million in a Series C funding round led by the Silicon Valley-based Tribe Capital
India’s Caspian Debt scoops $20 Mn funding from DFC
Hyderabad-based corporate lender Caspian Debt on Friday revealed that it has raised $20 million from the U.S. International Development Finance Corporation.
Ratan Tata invests in the Maharashtra-based pharmaceutical startup Generic Aadhaar
Ratan Tata has reportedly invested an undisclosed amount in the pharmaceutical startup from Thane, Maharashtra, India, Generic Aadhaar.
Swiggy co-founder & CTO Rahul Jaimini quits the company to join Pesto Tech
Swiggy, on Thursday, May 7 announced that its co-founder & CTO Rahul Jaimini has quit the company to join a career accelerator startup Pesto Tech
Curefit Lays off 800 employees, implements salary cuts & shuts down centres in India & UAE
Curefit has reportedly laid off over 800 employees across and shut down a number of gyms and centres across India and the UAE
Travel Triangle board lays off the company’s CEO & CTO
Gurugram, India-based travel and hospitality startup, Travel Triangle has relieved its CEO Sankalp Agarwal and CTO Prabhat Gupta.