Tides turning for India's startups?

The recovering valuations, will lead to enhanced optimism among investors about funding startups. Illustration: Dominic Xavier/Rediff.com After a string of valuation markdowns among Indian......

With Zepto Becoming First Unicorn of 2023, is Funding Winter About to Thaw?

Quick commerce startups hope to race towards better days. Can they crack the execution code? Photograph: Kind courtesy Zepto/Linkedin This is what one big funding round can do. Quick commerce rode......

Swiggy's food delivery business turns profitable: CEO

On-demand convenience platform Swiggy's food delivery business has turned profitable, making it one of the very few global players in the sector to achieve such a feat in less than nine years since......

Swiggy lays off 380 employees; CEO Majety says overhiring 'poor judgement'

Online food delivery platform Swiggy on Friday laid off 380 employees as part of a "restructuring exercise" citing challenging macroeconomic conditions, with its CEO Sriharsha Majety saying that......