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Startup-News

Indian Startup Financial Performance in FY24: Revenues Rise But Losses Persist

Jatin Dogra Sep 28, 2024
As the funding winter continued to impact the Indian startup ecosystem in the financial year 2023-24, many established companies worked towards achieving profitability by cutting costs and improving operational efficiencies. According to an…
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Startup-News

Indian food delivery giant Swiggy faces potential GST liability of over INR 300 crore

Jatin Dogra Sep 28, 2024
Major Indian food delivery platform Swiggy is facing a potential goods and services tax (GST) demand of INR 327 crore from tax authorities regarding delivery fee collection. The company is also facing legal notices over allegations of…
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Startup-News

Nine Startups Shined at Y Combinator’s Fall 2024 Pitch Event

Jatin Dogra Sep 27, 2024
Y Combinator's fall cohort startups took to the virtual stage recently to pitch investors at their Demo Day event. Out of the hundreds of startups in attendance, a select few really stood out from the crowd with their innovative…
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Startup-News

Info Edge sells 34.93% stake in B2B startup Wishbook

Jatin Dogra Sep 24, 2024
Info Edge, a leading Indian classified company known for platforms like Naukri.com and 99acres.com, has completed the sale of its 34.93% stake in B2B startup Wishbook Infoservices. The divestment was carried out through Info Edge's…
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Business

Health Insurance Startup Alan Reaches New Heights with Latest Funding

Jatin Dogra Sep 23, 2024
French insurance provider Alan has solidified its place as an industry leader after securing nearly $200 million in funding at a stunning $4.5 billion valuation. This Series F round was led by prominent Belgian bank Belfius and included…
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Startup-News

IBM Boosts Cloud Cost Optimization with Acquisition of Kubecost FinOps Startup

Jatin Dogra Sep 18, 2024
IBM expanded its cloud cost optimization solutions this week through the acquisition of Kubecost, a leading FinOps startup. Kubecost helps companies like Allianz, Audi and Rakuten monitor costs associated with Kubernetes clusters to boost…
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