Nazara Technologies Acquires UK-Based Fusebox Games for ₹228 Cr Nazara Technologies revealed on Thursday that it has purchased UK-based game studio Fusebox Games in an all-cash deal of ₹228 crore ($27.2 million),…
Tag: Startup
Kenko, Insuretech Startup, Shuts Down Amidst Funding Woes and NCLT Battle
Peak XV-backed company Kenko has declared that it is abruptly shutting down its activities owing to serious financial challenges. The National firm Law Tribunal (NCLT) has been notified that the firm has…
BITS Pilani’s Startup Accelerator Conquest is in Bengaluru!
Conquest, the renowned startup accelerator by BITS Pilani, is set to culminate its rigorous 7-week journey with the highly anticipated Demo Day. Backed by WestBridge Capital, this two-decades-old program has cemented its…
5 Strategic Ways You Can Retain Top Talent in Your Start-up
Skilled talents are the driving force behind every company’s success. These high-performers bring a unique blend of skills, creativity, and passion that can make or break your fledgling business. But like sugar,…
Nvidia- backed AI Startup, Cohere announced layoff affecting 5% of it’s workforce Cohere's Contradictory Moves: Layoffs Amidst Massive Funding
In a surprising turn of events, Cohere, an AI startup backed by tech giants like Nvidia, Salesforce, and Oracle, has recently announced layoffs affecting approximately 20 employees. This decision comes just weeks…
Insurtech startup Go Digit increases profit by 74% to INR 2660 Cr in Q1 FY25
A 74% increase in profit after tax (PAT) was reported by insurtech startup Go Digit General Insurance for the June quarter (Q1) of the fiscal year 2024–25 (FY25), up from INR 58…
Indian Startup News: Startup news this week from Bitscale to Yes Madam
The investment activities of India’s startup ecosystem have picked up significantly; between July 15 and July 20, 25 deals totaling $200.16 million were closed by entrepreneurs. Compared to the $138.04 million raised…
Indian Startup Funding News: Indian startups raised $196 Mn this week; from Zyod to LXME
This week has seen a sharp decline in investment activity in the Indian startup ecosystem. Startups raised a mere $196.47 million in 17 deals between June 24 and June 29, which is…
Weekly Startup Funding Roundup (17/6/2024 – 21/6/2024)
The past week has been an eventful one for startups in both India and the United States, showcasing significant investments and exciting developments. Companies across various sectors, including quick commerce, housing finance,…
Stark Tank featured startup Go Desi raises 41 crores Go DESi: Empowering Regional Flavors and Transforming the Indian Confectionery Market
Bengaluru-based packaged food startup, Go DESi, has secured Rs 41 crore in equity funding led by impact investor Aavishkaar Capital. This significant investment will fuel the company’s expansion plans, product diversification, and…