ED Raids Byju’s: Accuses Raveendran Byju of evading multiple summonses sent in past

Enforcement Directorate raided the premises of Raveendran Byju, CEO of Bengaluru-based edtech startup unicorn BYJU’s. The searches were carried out for allegedly violating laws governing foreign funding. The investigation agency searched two business premises and one residential property in...

Another celebrated startup entrepreneur arrested for cheating the acquirer

After unprecedented exposure and celebration of entrepreneurs, the dust is finally settling down. The number of incidents related to corporate misgovernance, financial irregularities, and misleading investors and acquirers by startup entrepreneurs is at an all-time high. In the latest...

Investment in Indian startups March 2023: Late-stage funding boosted the overall deal value

Investment in Indian startups has started drying up since the second half of 2022, owing to massive layoffs and global economic uncertainty. However, Indian startup entrepreneurs took a sigh of relief last month as the total investment in Indian...

Despite mass tech layoffs and funding winter, 80% of early-stage Indian startups would continue to hire in 2023

Indian startups are hiring despite the flurry of tech layoffs and market uncertainty that has forced most tech giants to seize their hiring process. According to the latest survey by Randstad India and the Federation of Indian Chambers of Commerce...

Mamaearth IPO on hold: Investors giving cold shoulders to $3 billion valuation?

Another Indian startup has put its IPO plan on hold, for an indefinite period. The much-talked Mamaearth IPO is the latest one facing the heat due to tough market conditions. Mamaearth, an Indian skincare startup, has reportedly delayed its initial...

Byju’s may shut down WhiteHat Jr, the startup once touted as the best acquisition

When Byju's acquired WhiteHat Jr for a whopping $300 million two years ago, little did anyone know that the runway for the coding platform would soon be cut short by India's most valued, as well as most controversial, startup. Citing...

Delhi bans bike taxi services offered by Ola, Uber, Rapido: Levies hefty fine on passengers, companies

The Delhi government has dealt a blow to cab aggregators like Ola, Uber, and Rapido, announcing an immediate ban on bike taxi services. According to a notice released by the Delhi transport department, two-wheelers that bear non-transport (private) registration...

Can You Tell What This Entrepreneur Does From Their Style?

There are many types of entrepreneurs out there, and each approach comes with its own style and identity. So, can you tell what an entrepreneur does based on their style? When we think about entrepreneurs, we often cast our minds...

Education app ideas for startups to revolutionise learning in 2023

The educational system is changing to address the classroom needs of teachers, students, and parents. Online learning platforms have existed for a while. But the coronavirus pandemic and social distancing revolutionized educational applications. Put differently, it gave them free...

Sequoia Capital puts GoMechanic under forensic audit: Founder admits financial irregularities, fires 70% of the workforce

One after another after another; a number of Sequoia Capital's portfolio companies are found to be indulged in serious financial irregularities, and the latest one that is added to the list is GoMechanic, an automobile after-sales service startup. On January...
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Quick Commerce War Heats Up: Can Flipkart Catch Zepto After the Failed Acquisition?

When a big company intends to enter a new business segment from scratch, it often prefers to acquire an...
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