Scootsy merges operations with parent Swiggy, Technology News, ETtech

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Mumbai-based premium delivery service platform Scootsy is merging operations with its parent Swiggy app next week.“We will be merging our operations from 6...

B Capital Group closes its second fund at $820 million, Technology...

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B Capital Group has made the final close of its second fund at $820 million (Rs 6,192 crore), the US and Singapore-based investment...

Some Chinese VCs looking for a quick exit, Technology News, ETtech

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Illustration: Rahul AwasthiChinese investors who have written small cheques in early- to mid-stage Indian tech companies are exploring a quick exit and have...

Bounce lays off 130 workers as Covid-19 hits mobility business, Technology...

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Scooter rental platform Bounce has laid off 130 employees, or 22% of its workforce, as its business was hit by the Covid-19 pandemic.This...

Coatue in talks to invest around $100M in Vedantu, valuation likely...

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Illustration: Rahul AwasthiEducation technology companies are seeing unprecendeted investor interest as a direct result of the increased digitisation of education amid the Covid-19...

NoBroker, MyGate accuse each other of data theft, lodge FIRs, Technology...

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NoBroker has filed an FIR against rival MyGate, alleging that the latter has stolen proprietary customer database of NoBrokerHood, a tech-enabled visitor and...

Startup funding deals in H1 2020 down 31% at 272, Technology...

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Dealmaking for startups in the first six months of 2020 has dipped by 31% to 272 transactions, while the total capital invested fell...

Former Google executive, Sridhar Ramaswamy, takes aim at his old company...

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(Sridhar Ramaswamy/Greylock Ventures)By Daisuke WakabayashiBy the end of his 15 years at Google, Sridhar Ramaswamy, then the executive in charge of the...

Google’s PE arm CapitalG leads Rs 210 crore funding round in...

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Illustration: Rahul AwasthiGoogle's private equity arm CapitalG has led a fresh investment round of Rs 210 crore in Aye Finance, a non-bank lender...

People in distress are dialing legal-tech startups, Technology News, ETtech

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Legal-tech startups are coming into their own with easy and accessible solutions for people in distress at a time when most are feeling...