Why Foreign VCs Have Shut Their Taps

Foreign investment in India's start-ups has plummeted 72 per cent to $4.58 billion so far, from $16.2 billion during the same period last year. IMAGE: Kindly note the image has been posted only......

Tiger Global-backed Koo lays off 30% of its workforce in a year

Tiger Global-backed Koo, an Indian alternative to Twitter, has laid off 30 per cent of its workforce of 260 employees in the last year as the budding firm, like many other start-ups in the country,......

SVB fallout: Indian start-ups staring at uncertain future

Indian start-ups breathed a sigh of relief after the UK government facilitated the acquisition of the now-defunct Silicon Valley Bank’s (SVB’s) British arm by HSBC. Illustration: Uttam......

Fund-raises by fintechs slowed by 47% in 2022

Recently, Slice, a payment app, acquired a 5 per cent stake in North East Small Finance (NESF) for $3.42 million — the first such deal by a fintech in a small finance bank. Illustration:......

Angry Birds to swoop on Formula One track

Angry Birds will migrate from cellphone screens to the Formula One racetrack this weekend in Singapore, as the firm behind the mobile gaming sensation rolls out a crowd game to be played by live......