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Logistics services provider Porter has reportedly joined the unicorn startup club after completing a fresh friends and family round, in which individuals bought shares from the employee stock ownership plan (ESOP) pool at a valuation of $1 billion, a

#India's Leading Unicorn Startups: 1. BYJU's: Personalized edtech platform transforming learning experiences. 2. Swiggy: Leading food delivery service connecting hungry customers with restaurants. 3. OYO Rooms: Budget-friendly standardized accommodat

VC Tales: Rajan Anandan, the celebrated VC, has a penchant for backing game-changers. -His $3M seed in Ola, India's ride-hailing giant, set the stage. -The $2M Series A in Freshworks, now a $10B SaaS unicorn, displayed his foresight. -Rajan's

1. **Swiggy Instamart Leadership Expansion**: Swiggy's quick commerce arm, Instamart, has strengthened its leadership team with four new VP-level hires to enhance its operational efficiency and market presence [oai_citation:1,IndianStartupNews - Late

Sundar Pichai, the CEO of Google, has announced that the company will be laying off 10% of its management staff. This comes amid increasing competition from other AI companies, such as ChatGPT. Pichai said that the layoffs are necessary to "streamlin

Top News Of the Day: 1. Digital banking infrastructure company M2P Fintech has raised Rs 35 crore debt from Anicut Capital. This appears to be the first debt round for the Chennai-based company. 2. Audio series platform Pocket FM announced that the

Meet Girish Mathrubootham, who left Zoho to build an 80,000 crore software giant. Despite being called a rickshaw puller due to a drop in grades, Girish worked his way up in HCL Cisco and Zoho. Inspired by Zendesk's price hike, he founded Freshdesk i

Top News Of the Day: 1. Ecommerce giant Flipkart is in talks to shift its parent entity from Singapore to India 2. SS Supply Chain Solutions (3SC) has raised Rs 31 crore (approximately $4 million) from existing investors GEF Capital’s South Asia Gr

Top News of the Day: 1. OTPless, an authentication and access management platform, has raised $3.5 million in a pre-Series A funding round led by SIDBI 2. Education-focused fintech startup Propelld has raised $25m in debt funding for its non-bankin

Top News of the Day: 1. Food delivery giant Swiggy has announced its fifth employee stock ownership plan (Esop) buyback, with a value of $65 million. 2. Tesla's UK lawsuit for 5G patents licence thrown out by UK court 3. Skincare brand SkinInspir