Vibhuti Sharma
Stories by Vibhuti Sharma
Ex-Twitter India head’s Invact Metaversity explores shutting ops after disagreements with co-founder
Invact canceled its first course, which was supposed to go live on 12 May.
Metaverse app BUD raises $37m in second funding round in just 3 months
The Series B funding round was led by Sequoia Capital India
Cars24 lays off 600 employees, latest in a string of Indian startups to do so
At least 7 Indian startups have laid off employees in May
India’s Fashinza raises $100m in Series B funding led by Prosus, Westbridge
Angel investors Naval Ravikant, Jeff Fagnan, Jake Zeller, Nivi and Nitesh Banta also participated
Sequoia said to be delaying $2.8b India-SEA fund close amid governance issues
Portfolio companies BharatPe, Trell and Singapore-based Zilingo have undergone probe recently
India’s Paytm Mall drops out of unicorn league after Ant, Alibaba exit
Paytm Mall was once valued at over $3 billion.
India’s LIC makes tepid listing debut amid global market volatility
LIC shares slid as much as 9.4% in the first hour of trade
Fidelity-backed Eight Roads Ventures launches $250m India healthcare fund
The fund plans to make minority investments in 15 to 20 companies
Delhivery IPO sees tepid subscription on final day amid wider market sell-off
Paytm was subscribed 1.89 times on its final day.
Indian food delivery firm Swiggy buys table reservation platform Dineout
Dineout will continue to operate as an independent app even after the acquisition.
