Every year, billions of dollars in venture capital are invested in startups with compelling visions that captivate investors’ imaginations. One crucial tool in this process is the pitch deck, a presentation that blends visuals, data, and storytelling to convey a startup’s potential to investors. For years, Insider has been providing readers with a glimpse into […]

Private equity (PE) and venture capital (VC) investments in India experienced a significant surge, marking a 60% year-on-year growth in the July-September quarter, reaching USD 13.6 billion, according to the latest EY-IVCA monthly PE/VC roundup. Investment Trends The third quarter of 2023 witnessed substantial investment activity, with USD 13.6 billion deployed across 209 deals, representing […]

A recent report indicates a notable decline in investments by private equity (PE) and venture capital (VC) funds in Indian companies, marking a significant shift in the funding landscape compared to previous years. In 2023, investments in homegrown companies totaled $27.9 billion across 697 transactions, a considerable decrease from $47.62 billion across 1,364 deals in […]

Paytm, a prominent player in the payments and financial services sector, announced on Friday that it has attained operating profitability, surpassing its September 2023 guidance. The company reported EBITDA before ESOP cost of Rs 31 crore, marking a significant milestone in its financial journey. In the latest quarter, Paytm recorded revenue from operations amounting to […]

A recent report revealed that more than 25% of India’s unicorns, valued at $1 billion and above, are founded by serial entrepreneurs, leveraging their expertise and experience to navigate the business landscape effectively. This influx of experienced entrepreneurs has played a crucial role in propelling India to become the third nation globally to host 100 […]

As economic uncertainty persists, the wave of layoffs in Indian startups has intensified, resulting in over 23,000 job losses across nearly 82 companies, with the numbers continuing to rise, according to media reports. A recent analysis by Inc42 revealed that 19 edtech startups, including four unicorns, have collectively laid off more than 8,460 employees. Prominent […]

Ani Technologies Pvt Ltd, popularly known as Ola Cabs, has witnessed a significant increase in losses for the financial year 2021-22, according to financial data obtained by business intelligence platform Tofler. The ride-hailing company reported a loss of Rs 3,082 crore, marking a substantial rise compared to the previous year. Tofler’s statement revealed that Ola […]

Anupam Mittal, famously known as the ‘King of Bling’ on Shark Tank India, has collaborated with the men’s apparel brand Snitch to launch his own fashion line. This collaboration marks a significant milestone for Snitch, which secured a rare all-sharks deal on the show, raising ₹1.5 crore in exchange for a 1.5% equity stake from […]

Two Indian-origin teenagers, Aryan Sharma and Ayush Pathak, have attracted investment from Sam Altman, the CEO of OpenAI, for their artificial intelligence (AI) startup based in Silicon Valley, USA. The startup, named Induced AI, was founded earlier this year and has successfully raised $2.3 million in its seed funding round. The investment was led by […]

Meesho, a homegrown social commerce platform, revealed on Friday that it has laid off 251 employees, which accounts for 15% of its workforce, with the goal of achieving sustained profitability. In a statement, the company acknowledged the difficulty of the decision to part ways with 251 team members, constituting 15% of its employee base. The […]