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Exclusive: Unacademy's PrepLadder Lays Off 145 Employees In Sales Strategy Rejig

India, May 8 -- Unacademy Group's medical entrance test prep platform PrepLadder has undergone another round of layoffs as the company shifts its sales strategy. This is the company's third round of ... Read More


Simpl Lays Off Around 100 Employees, Eyes Profitability By Mid 2025

India, May 8 -- Bengaluru-based fintech startup Simpl has undergone another round of restructuring, its second in the past year. The Valar Ventures-backed startup has laid off around 100 employees, In... Read More


Inside Paytm's Big Reset: CEO Vijay Shekhar Sharma Takes Charge Of Key Verticals As Leaders Exit

India, May 7 -- Vijay Shekhar Sharma is once again taking charge of Paytm in a big way amid a major restructuring move at the fintech giant. The founder and CEO is expected to work directly with new l... Read More


Coromandel International Increases Stake In Ecozen With INR 24 Cr Investment

India, May 6 -- Fertiliser company Coromandel International Limited has increased its stake in Pune-based deeptech startup Ecozen, with an additional investment of INR 24 Cr. With the infusion made v... Read More


Exclusive: Kinara Capital Bags $24.4 Mn Debt Funding From Impact Investment Exchange, BlueOrchard

India, May 3 -- Digital lending startup Kinara Capital has raised $24.4 Mn in debt funding from Singapore-based Impact Investment Exchange (IIX) and BlueOrchard Microfinance Fund, as per the startup's... Read More


Exclusive: Venture Catalysts Eyes INR 900 Cr Corpus For Syndicated Fund 'VC Grid'

India, May 2 -- Mumbai-based Venture Catalysts is looking to close its early-stage startup fund 'VC Grid' later this year with a total corpus of INR 900 Cr (about $110 Mn), sources told Inc42. The sy... Read More


FirstCry Refiles IPO Papers, Clocks INR 4,814 Cr Sales In First Nine Months Of FY24

India, April 30 -- Pune-based omnichannel marketplace FirstCry has refiled its draft red herring prospectus (DRHP) after markets regulator Securities and Exchange Board of India (SEBI) claimed that th... Read More


FirstCry Refiles IPO Papers, Clocks INR 4,814 Cr Sales In Nine Months Of FY24

India, April 30 -- Pune-based omnichannel marketplace FirstCry has refiled its draft red herring prospectus (DRHP) after markets regulator Securities and Exchange Board of India (SEBI) claimed that th... Read More


HealthKart's FY23 Sales Surge 70% To Cross INR 800 Cr Mark, Loss Halves

India, April 29 -- Health-related online marketplace HealthKart's operating revenue inched closer to the INR 1,000 Cr mark in the financial year ended March 31, 2023. The Delhi NCR-based startup's sal... Read More


Exclusive: Healthify Fires 150 Employees In A Restructuring Exercise

India, April 27 -- Bengaluru-based healthtech startup Healthify (formerly HealthifyMe) laid off around 150 employees, or about 27% of its workforce, in a restructuring exercise earlier this week, sour... Read More