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Startup Shakeup: Big Moves in Tech, Layoffs, and Fund Closures Mark the Start of 2024

In a seismic shift in the tech landscape, major players are making strategic moves as they navigate the evolving industry landscape. Here's a roundup...

Go First Airlines Prepares to Resume Operations, Plans 152 Daily Flights

Go First Airlines, currently under insolvency resolution, has informed the Directorate General of Civil Aviation (DGCA) that it is ready to operate 152 daily...

Byju’s Faces Deadline for $40 Million Payment of $1.2 Billion Loan

Byju's, the prominent edtech company, is facing a critical deadline for the payment of $40 million as part of its $1.2 billion loan. The...

Byju’s Valuation Slashed by BlackRock, Now Stands at $8.4 Billion, a 62% Reduction

BlackRock, the global investment management corporation, has once again revised its valuation of Indian edtech giant Byju's, reducing it by a significant 62%. The...

Meesho’s Valuation Revised Downward: Fidelity Investments Cuts it by 10% to $4.4 Billion

Fidelity Investments, a prominent global investment firm, has reduced the valuation of Meesho, an Indian e-commerce reselling platform, by 10%. The revised valuation now...

Ambani-Backed EV Manufacturer Targets $85 Million Funding, Aims for $359 Million Valuation

Aiming to accelerate its ambitious plans in the electric vehicle (EV) industry, an EV manufacturer backed by Indian business magnate Mukesh Ambani is seeking...

Laundry Mate, Co-founded by Big Basket’s Abhinay Choudhari, Secures $6.25 Million in Funding

LaundryMate, the on-demand laundry services startup co-founded by Abhinay Choudhari, one of the co-founders of online grocery platform BigBasket, has successfully raised $6.25 million...

SoftBank Sets Sights on Five Indian Start-ups, Potential Investments of Up to $100 Million Each

SoftBank, the renowned Japanese conglomerate and venture capital firm, is actively exploring investment opportunities in five Indian start-ups, with potential funding of up to...

Public Transport Tech Firm Chalo Raises $45 Million, Aims for Global Expansion.

Chalo, a leading public transport technology firm, has successfully raised $45 million in a recent funding round, signaling a significant boost for the company's...

Physis Capital Secures $50 Million in First Close of Fund for Start-ups

Physis Capital, a leading venture capital firm, has announced the successful first close of its fund, raising an impressive $50 million dedicated to supporting...

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