Unicorn Boom Slows
2023 witnessed 67 mega deals ($100 M+ rounds) worth $21.2 Billion, compared to 112 such investments worth $31.8 Billion in 2022….writes Sanjeev Sharma The
Edtech Giant PhysicsWallah Axes 100 Jobs
PhysicsWallah turned unicorn last year with a $100 million round from WestBridge Capital and GSV Ventures….reports Asian Lite News Edtech company PhysicsWallah (PW) on
SK Telecom invests $100M in US AI firm
Based on the collaboration, SK Telecom plans to bolster its own LLM model to better and more efficiently serve customers’ needs….reports Asian Lite News
Google for startups accelerator invites applications
Google for Startups Accelerator (GFSA) is a three-month, equity-free programme that brings the best of Google’s programmes…reports Asian Lite News Google on Thursday announced
Impressive Paytm!
Over the last one year, the company’s merchant subscriber base more than doubled to 79 lakh as of June 2023 with its merchant base
Kerala Startup Bags Indian Icon Award in Cyber Security
This is the first time that a startup from Kerala has been chosen for such a prestigious recognition…..reports Asian Lite News Kerala based startup,
Indian startup ecosystem faces tough time
Fintech, Software-as-a-Service (SaaS) and direct-2-consumer (D2C) continued to be the most funded sectors…reports Asian Lite News The Indian startup ecosystem reported the lowest six-month
Leverage Edu sets goal to double revenue
With the latest round of funding, Leverage Edu aims to strengthen its position in existing markets, while also expanding into newer student mobility corridors…reports
Another Indian unicorn in deep crisis
PharmEasy which was once valued at $5 billion, plans to raise nearly $300 million at “a 90 per cent markdown from the previous valuation”…reports
Varanium Capital to promote 100 startups
Varanium Capital manages nearly $1 billion of assets across the asset classes including structured debt, portfolio management services (PMS), and venture capital fund….reports Asian
