๐ Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. ๐ฅ
โ
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator โ
Log In
News on Medial
Funding winter or not, startups loosen purse strings to reward top talent
Economic Times
ยท
1y ago
Medial
Indian startups are increasingly rewarding and retaining key talent with high increments, stock options, performance-related bonuses, non-monetary incentives, and accelerated promotion tracks. Companies such as UpGrad, Plum, Simplilearn, Eruditus, Shiprocket, Urban Company, CashKaro, and Simpl are focusing on rewarding top performers amidst a shift towards profitability in the wake of funding challenges. Startups are implementing a differentiated approach to appraisals, disproportionately rewarding high performers and retaining top talent through long-term incentives and career development opportunities. While overall sector hikes may be lower, top performers can expect significant rewards.
View Source
Related News
LPs commit record sum to Indian PE-VC funds last quarter
VCCircle
ยท
1y ago
Medial
In the last quarter, limited partners (LPs) made a record amount of fresh commitments to Indian private equity, private credit, and venture capital funds. After taking a break earlier in the year, the LPs returned with enthusiasm and opened their purse strings. This surge in commitments reflects the growing investor interest in the Indian market.
View Source
Open, Honest Chat Must To Fix Governance Issues: Ankur Capital
Inc42
ยท
1y ago
Medial
Investment director at Ankur Capital, Shiv Shanker, emphasises the need for open and honest communication between founders and investors to tackle corporate governance issues at Indian startups. He urges early-stage founders to disclose critical governance-related issues to their investors, while also advising investors to be rational and supportive rather than resorting to heavy-handed measures. Shanker suggests a more structured approach for investors, including dynamic strategy meetings and prompt communication, to ensure startups find their footing and adhere to defined key performance indicators. The tightening of purse strings and increased scrutiny by investors are responses to recent governance issues that have eroded trust in startups.
View Source
LP commitments to Indian PE, VC and private credit funds cross $120 bn
VCCircle
ยท
12m ago
Medial
Limited partners (LPs) have made commitments to Indian private equity, venture capital, and private credit funds, with the total amount crossing $120 billion. However, after reaching a record high at the end of 2023, LPs tightened their purse strings in the first quarter of 2024, with fresh commitments hitting a four-quarter low of Rs 24,380.
View Source
Beverage startup Teaboy rewards top executives with Hyundai cars for their loyalty
Money Control
ยท
2y ago
Medial
Beverage startup Teaboy has rewarded its top executives with Hyundai cars as a gesture of appreciation for their loyalty, as reported by Moneycontrol. The move aims to recognize and retain key talent within the organization. However, further details about the number of executives rewarded or the specific criteria for the loyalty-based reward were not provided in the summary. Teaboy CEO and founder Joseph Rajesh said the three employees joined him in 2019 for developing the startup in 2019, which now has 410 outlets.
View Source
Top Indian unicorns continue to add talent despite funding, growth challenges
Economic Times
ยท
1y ago
Medial
Despite facing funding challenges and a slowdown in the startup sector, top Indian unicorn startups have continued to hire talent. Data from the top 15 unicorns showed that although they let go of 33,000 employees over the past year, they also hired 58,000, resulting in a net headcount growth of 25,000. This reflects the resilience and attractiveness of these startups among talent. Furthermore, the analysis revealed that there was a significant lateral exchange of talent within the top 15 unicorns. Despite the challenging environment, these startups have managed to retain and attract talent, showcasing their ability to navigate through tough times.
View Source
Startup funding winter takes a toll on vendors
Livemint
ยท
1y ago
Medial
Indian startups such as Byju's, Dunzo, and others are facing disputes with vendors over delayed payments, potentially due to financial constraints. The startups argue that vendors have deviated from contract terms or there are contractual disagreements, while vendors claim that startups are disputing invoices, questioning pending payments, seeking discounts, or becoming unresponsive. As funding becomes scarcer during the funding winter, payment delays and defaults by startups have increased. Vendors can take legal action, including issuing notices, filing civil suits, and even initiating insolvency proceedings, to recover their dues.
View Source
Why Hard Startups Win: Sam Altman on Tackling Big Challenges
Internet
ยท
5m ago
Medial
In this blog post, Hard Startups, Sam Altman argues that building a difficult startup can be more rewarding than pursuing an easy one. Hard startups often attract more talent, funding, and support because they tackle significant challenges. He encourages founders to think big, commit long-term, and leverage ambitious goals to recruit top talent. Go to the source to read more.
View Source
Stashfin grants ESOPs of up to Rs 5 L to employees
YourStory
ยท
7m ago
Medial
Stashfin, a financial services platform, has granted ESOPs to its employees from a Rs 600 crore pool. Employees with five years of service receive Rs 5 lakh worth of ESOPs, while those with three years receive Rs 3 lakh. This initiative aims to reward and retain talent. ESOPs can unlock through events like IPOs or acquisitions. Founded in 2016, Stashfin has raised over Rs 6000 crore from investors like Tencent. The move aligns with a trend among Indian startups.
View Source
Experts dive into VC ecosystem, spotlighting investor sentiments amid Indian startup resurgence
Economic Times
ยท
1m ago
Medial
At the ET Soonicorns Summit 2024 in Bengaluru, venture capitalists discussed the revival of India's startup ecosystem. With the funding winter over, renewed investor confidence and early-stage funding are returning, including $100 million deals. Panelists like Amit Somani and Prayank Swaroop highlighted Indiaโs growing talent pool and consumption power. Ritesh Banglani described the ecosystem as poised for sustainable growth, while other experts noted global investors' comfort with Indian startups in a fast-growing, digital-first economy.
View Source
Hereโs the list of Indiaโs 10 highest funded startups of 2023
Inc42
ยท
1y ago
Medial
India's startup ecosystem witnessed a 75% decline in funding in Q1 2023, continuing the prolonged funding winter. Only one unicorn was minted in 2023 compared to 21 in 2022 and 44 in 2021. Despite the challenges, some startups managed to secure significant funding deals. The top 10 highest-funded startups of 2023 include PhonePe ($850M), Lenskart ($600M), DMI Finance ($447M), Ola Electric ($384M), Builder.ai ($250M), InsuranceDekho ($210M), Perfios ($229M), Zepto ($200M), Zetwerk ($120M), and Mintifi ($110M). These investments will support various sectors such as fintech, e-commerce, and manufacturing in their growth plans.
View Source
Trackers
Active Indian VCโs
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything thatโs happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in