Manish Singh
Dunzo, a hyperlocal delivery startup in India, is postponing employee salaries for a month and intends to settle remaining dues from the previous month also in September as the Google and Reliance Retail-backed startup hunts for new funding.
The Bengaluru-headquartered startup, which partially deferred making payroll for last month...
Over a year following the inaugural season of the Indian edition of Shark Tank, the seven esteemed investors made good on less than half of their investment pledges, according to a new analysis, the latest in a series of criticisms for the show.
The “sharks” overall invested in only...
Telegram raised about $210 million through bond sales this week from a number of investors, including its founder and chief executive Pavel Durov.
The messaging app, used by over 800 million users each month, raised the capital by issuing bonds worth $270 million. “Because interest rates have gone up...
Lee Fixel’s Addition is looking to raise $1.5 billion venture capital fund as the former Tiger Global executive continues to secure large sums of money despite the slowdown in the market.
Fixel’s Addition disclosed the fundraising target in a securities filing. It’s Addition’s fifth fund in less than four...
Jack Dorsey, Twitter’s co-founder, says India — despite its status as the world’s largest democracy — regularly issued requests for the social media giant to remove certain posts and accounts, often accompanying these demands with threats of legal repercussions in cases of noncompliance.
“India is one of the countries...
Tiki, a short-form video app, is set to cease operations in India on June 27, the latest addition to a growing roster of businesses that have faltered in their attempts to cash in on the void created by New Delhi’s ban on TikTok in the South Asian market.
“We regret...
OpenAI is still not training GPT-5, months after the Microsoft-backed startup pledged to not work on the successor to GPT-4 “for some time” after many industry executives and academics expressed concerns about the fast-rate of advancements by Sam Altman’s large language models.
“We have a lot of work to do...
Byju’s unveiled three transformer models intended to enhance the quality of its services as well as streamline learning and personalization experience for its students as the edtech giant places large bets on AI to transform many aspects of its business.
Badri, a predictive AI model, is engineered to identify...
Indian edtech giant Byju’s has filed a complaint in the New York Supreme Court to challenge the acceleration of the $1.2 billion term loan B and to disqualify Redwood, who it alleges has conducted a series of predatory tactics.
The Bengaluru-headquartered startup said Redwood purchased a significant portfolio of...
PropTech firm Aurum is acquiring NestAway, a once high-flying Indian startup operating in the same space, for up to $10.9 million, in a deal that marks a near complete erosion in value for the startup’s investors.
Eight-year-old NestAway raised $115 million over the years and was valued at $227...
