In the wake of coronavirus pandemic, Indian startups had to go through one of the most challenging times in recent memory. However, despite all the gloom and doom and overarching shadow of the pandemic, the Indian startup industry managed to show some resilience. In a way 2020 was like a litmus test with an unprecedented…
The world experienced Twitter’s biggest meltdown moment on Wednesday after Twitter accounts of several prominent users like Barack Obama, Elton Musk, Bill Gates, Joe Biden, Warren Buffet and many others were hacked in an apparent Bitcoin scam. Twitter has already gone into damage control mode and is trying to fix the issue.
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Stung badly by coronavirus pandemic, the last six months of the year 2020 has turned out to be one of the most challenging periods not only for the Indian startups but also for the entire global economy. But to decode just how Indian startups fared during these six months including in the last three months…
The unprecedented crises brought forth by coronavirus pandemic have put most startups on a survival mode. Nearly almost all startups have now opted for mass layoffs as they clamor hard to preserve their cash reserve to weather the storm.
Ahmedabad based LendingKart has now become the latest startup to opt for mass layoff, after Economic Times…
Cosmetic e-commerce startup Nykaa announced on Tuesday that it has secured INR 100 crore from existing investor Steadview capital. No other investor apparently participated in the latest funding round.
Times of India report claims that Nykaa has raised the latest funding at an approximate valuation of $1.2 Bn, making the Mumbai headquartered startup the latest Indian…
Few weeks back it was reported that Indian government is seriously mooting the idea of setting up an advisory panel that will be dedicated towards fostering the growth of the Indian startup ecosystem. According to Economic Times (ET), the panel would include CEOs and co-founders of some of the most high profile Indian startups including…
The upcoming union budget may spell some good news for the Indian startup industry, with plans to setup advisory panel for fostering the growth of Indian startups is already on the cards. According to Economic Times, this advisory panel will include some of the biggest names from the Indian startup industry including Ola’s Bhavish Agarwal…
Conventionally, an IPO launch makes for a landmark moment for most startups. From an unassuming and sometimes even a shabby offices to a blockbuster IPO launch in the capital market encapsulates the dream that probably every startup nurtures. It is not merely profit seeking investors or easy reach out to huge capital but also the…
This week Indian startups managed to raise more than $200 Mn
This week the Indian startup ecosystem witnessed investment of more than $200 Mn, making it one of the best weeks for the Indian startups. Here is a quick recap of some of the top startups that managed to raise funds as Techpluto brings you…
These are top 5 survival tactics that every startup got to practice
According to a rough estimate, nearly 60% of startups are forced to shut down their shutters within first year of operation itself, while nearly 30% startups follow the suit in the next 2 to 3 years. These statistics reiterates what is actually already well-know:…
