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Saving, investment app Gullak raises $3 mn in seed funding round

Company will use the money to increase revenue, product development, get users

IPO-bound OYO to refile DRHP with updates to Sebi by mid-February

Market regulator asked hospitality company to submit application again, give information on risk factors and litigation

E-sports in India a lucrative career path in 2023, gamers positive: Experts

E-sports, or competitive video gaming, in India has witnessed a steady rise in popularity over the years

Rise and rise of India's startup story: Growth beyond the funding chill

The Indian startup story has moved away from being just about raising funds

360 ONE acquires controlling stake in Mumbai Angels, announces 2 new funds

Both funds will focus on early-stage start-ups

Google-backed ShareChat, Dunzo hand out pink slips to employees

This comes amid the current funding crunch in the Indian start-up ecosystem

Swiggy announces free ambulance service for all delivery executives

Food delivery firm partners with Dial4242 Ambulance Services for 'industry-first initiative'

Instamart tests Swiggy's appetite for biz growth amid rising losses

With its rapid cash burn rate, early investors are questioning the food delivery platform's venture into quick commerce

Demand for gig workers increased by 10 times in 2022, says report

Around 49 per cent of gig workers on the company's platform are under the age of 25

Sleep solutions firm Wakefit raises $40 mn in funding from Investcorp

Start-up will use money for expanding manufacturing and supply chain capabilities

Unicorns in South and SE Asia need to reduce cash burn: S&P Global

They can't continue spending if operational turnarounds are delayed, says report

Start-up funding dips 33% YoY in CY22, early-stage funding grows: PwC India

The SaaS segment witnessed a 20 per cent increase in funding during CY22 compared to CY21 and accounted for nearly 25 per cent of all funding activity this year

WorkIndia raises $12 mn from founding family of Nintendo, others

Firm for blue and grey-collar jobs will use the money for expanding service, tech infrastructure

Edtech giant upGrad's CEO Arjun Mohan steps down after 3-year stint

Company's consolidated net loss widened three-fold to Rs 627 crore in FY22

Healthcare edtech start-up Virohan raised $7 mn from Blume Ventures

Company's omnichannel platform trains students in allied healthcare programmes

OYO writes to NCLT to expedite inquiry on FHRAI executive committee

The travel firm has further requested to make the same available to members of the hospitality industry and the public at large

Indian start-ups take 5 yrs to cross $100 mn revenue mark: Redseer

There are about 100 unicorns and 170 soonicorns in India. Of these 270 firms, over 40 start-ups in the fintech, e-commerce, and logistics sectors have crossed $100 million in revenue as of FY22

Neobanking start-up Jupiter raises Rs 100 cr in venture debt from Alteria

Mumbai, Bengaluru-based company will use money to expand its lending products

SaaS start-up SirionLabs closes series D funding round at $110 mn

Company says it will use the capital to expand its position in contract lifecycle management business

Allegis Group names Venkat Shastry as new India managing director

Talent solutions firm says executive will focus on revenue, customers and partner relationships