Sunday, January 29, 2023
Outlook India
Outlook Business

Tiger Global

The global e-commerce giant and Flipkart’s parent Walmart may offer $2.5 billion to both investment firms to acquire their stakes

Prior to this, Innovaccer laid off nearly 8 per cent of its workforce (around 90 employees) in September 2022

Car repairing unicorn start-up GoMechanic has been in the news for the past two days as financial irregularities came to light based on a due diligence report by EY

GoMechanic joins the league of other Indian start-ups, including Byju's, BharatPe, Trell and Zilingo, that have been in the news for financial irregularities and shoddy corporate governance

With more than $10 billion in valuation, fintech giant PhonePe has entered the decacorn club and joined Swiggy, Flipkart, Paytm and Byju's

Last month, the MohallaTech backed start-up laid off around 100 employees from its workforce

The company will utilise the funds to bolster its position in the contract lifecycle management market

The conversational commerce unicorn is currently leveraging the $340 million capital it raised in 2021 to double down on mobile-first economies like Southeast Asia (SEA), Latin America and Africa

Founded in 2014, Money View is an online financial services platform providing personalised credit products and personal financial management solutions

Prior to this, the start-up raised $25 million in a series A funding round led by Tiger Global in November 2021