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SoftBank-backed Meesho lays off 150 employees from grocery vertical

SoftBank-backed internet commerce firm Meesho has downsized its grocery vertical Meesho SuperStore (formerly Farmiso) in an attempt to drive efficiency. Photograph: Courtesy Meesho The......

Indian startups raised $42 billion in 2021

Indian startups have raised $42 billion in 2021, up from $11.5 billion in the previous year, a report by Orios Venture Partners said. Illustration: Uttam Ghosh/Rediff.com The report titled 'The......

Ecomm firms ramp up as Omicron forces customers online

Besides growing tech and digital enhancements, the firms are ramping up the hiring of more delivery partners and reinforcing existing Covid protocols. Illustration: Dominic Xavier/Rediff.com With......

PE inflows spurt 15% in 2021 to record $40 bn

Private equity investments hit a record high of $40.1 billion in 2021, an increase of over 15 per cent from the previous year, led by a $3.6 billion flow into Flipkart and $1.93 billion into Bundl......

Zuckerberg lauds India's entrepreneurial spirit

Meta (formerly Facebook) founder Mark Zuckerberg on Wednesday said India's entrepreneurial spirit and massive scale is fuelling optimism about the future and the opportunities that the country......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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