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Rash decisions, insecurity and burnout: The dark side of India’s startup funding boom

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India’s epic and unprecented startup funding boom has birthed unicorns, minted millionaires and taken companies public at record valuations. In the process though, founders are getting burnt out, employees are veering towards fraud and insecurity is driving people to the dark side. Moneycontrol takes a look.   Chaitanya Ramalingegowda Chaitanya Ramalingegowda feels nothing. His company, …

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NoBroker becomes India’s first realty startup unicorn

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An Indian startup that is improving the way millions of people in the nation lease or buy an apartment is the latest firm to become a unicorn in the South Asian market.   Bangalore Based  Bangalore-based NoBroker has raised $210 million in its Series E financing round, its founders told TechCrunch in an interview. Tiger Global and …

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“Apologising To Nation…”: PM Says 3 Farm Laws To Be Cancelled

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Prime Minister Narendra Modi defended the laws saying they were meant as reforms, mainly for small and marginal farmers in the country.   Three controversial farm laws at the heart of massive farmer protests across the country for over a year will be withdrawn, Prime Minister Narendra Modi said today in a stunning announcement just months before …

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India an opportunity which will dwarf many other countries’ startup ecosystems: Paytm founder Vijay Shekhar Sharma

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“Indian entrepreneurs already handle uncertainty as if it is a norm, not a special condition. That is the beauty of Indian entrepreneurship. We are underestimating the impact that Indian will have on global technologies,” he said.   Paytm Paytm founder and CEO Vijay Shekhar Sharma on Thursday said that while many people may underestimate India’s …

India an opportunity which will dwarf many other countries’ startup ecosystems: Paytm founder Vijay Shekhar Sharma Read More »

Zepto, a 10-minute grocery delivery app in India, raises $60 million

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Two 19-year-old entrepreneurs, who previously collaborated on a number of projects including a ride-hailing commute app for school kids and left Stanford last year to pursue a new startup, said on Sunday they have raised $60 million to disrupt India’s overcrowded and highly-competitive grocery delivery market.   Zepto’s first institutional Glade Brook Capital led Zepto’s …

Zepto, a 10-minute grocery delivery app in India, raises $60 million Read More »

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Tiger and Falcon look to double down on Indian social commerce startup DealShare

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Tiger Global and Falcon Edge Capital are looking to double down on their bets on DealShare, becoming the latest high-profile investors to go all-in on India’s nascent but growing social commerce trend.   Jaipur-headquartered startup The two firms, both of which are already an investor in the Jaipur-headquartered startup (AWI, which is managed by Falcon, …

Tiger and Falcon look to double down on Indian social commerce startup DealShare Read More »

Agri-tech startup DeHaat raises $115 million led by Sofina, Lightrock India

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Full-stack agri-tech platform DeHaat has raised $115 million in its Series D round, led by Belgium-based investment firm Sofina and Lightrock India.   Singapore government Singapore government investment fund Temasek also co-invested in the round with participation from existing investors, Prosus, RTP Global, Sequoia Capital India and FMO, a senior company executive said. The Delhi-based …

Agri-tech startup DeHaat raises $115 million led by Sofina, Lightrock India Read More »

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Inspiring entrepreneur: This 29-year-old taxi driver is now running a leading cab company in Goa

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A man who started his career as a taxi driver has come up with a Digital Based Transportation Company to address the perils of drivers as well as give the much-needed relief to people in Goa. Spare a few minutes to know more about his initiative.   The beginning Goa-based 29-year old Uttkarsh Mokatkar had …

Inspiring entrepreneur: This 29-year-old taxi driver is now running a leading cab company in Goa Read More »

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How this Delhi based startup that began from bootstrap has managed to register a turnover of 2.5 cr in just 1.5 year of inception

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A Delhi-based bootstrap startup has managed to record a whooping Rs. 2.5 crore turnover in just 1.5 years of its inception by selling home care products of excellent quality. Spare a few minutes to know more about it.. About Lyzene Under the brand name of Lyzene, Amass Hygiene Wash Care Products Pvt. Ltd. was established …

How this Delhi based startup that began from bootstrap has managed to register a turnover of 2.5 cr in just 1.5 year of inception Read More »

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Stripe acquires fintech startup Recko in first Indian acquisition

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The deal comes at a time when Stripe is accelerating its investments in India by adding payment methods and increasing local hiring. Recko will help Stripe add payments reconciliation to its product offerings.   States-based Payments United States-based payments and API company Stripe on October 20 said that it has acquired Recko, its first acquisition …

Stripe acquires fintech startup Recko in first Indian acquisition Read More »

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