Parag Agrawal, the ex-CEO of Twitter, is making headlines again — but this time, he’s not tweeting. His startup, Parallel Web Systems, just raised a staggering $100 million in a Series A funding round co-led by Kleiner Perkins and Index Ventures, with Khosla Ventures and other investors joining in. The company’s valuation now stands at an eye-popping $740 million, making it one of the…
In a bold move signaling its ambitions to dominate the Indian e-commerce enablement space, GoKwik has announced the elevation of Abhinav Midha to the role of Chief Business Officer (CBO). This leadership shake-up comes at a time when the company is experiencing meteoric growth, and analysts believe it could be a game-changer for the way brands approach online retail in India.
Abhinav Midha, who…
Lenskart, the $6.1 billion eyewear giant gearing up for its IPO, has just made a major move in its boardroom — and it’s raising eyebrows across the Indian startup world.
SoftBank’s Sumer Juneja has officially stepped down from the board, while two new heavy-hitters are stepping in: Ashish Kashyap, founder of INDmoney and former CEO of Ibibo Group, and Sayali Karanjkar, co-founder of digital…
In a move that’s catching the startup world by surprise, Pronto — a fast-growing home services startup — is preparing to move its legal base from Delaware, USA, back to India. What makes this especially interesting is the timing. Most startups only consider this kind of reverse flip when they’ve matured and are on the verge of going public. Pronto is flipping back just months after…
This Street-Food Sensation Is Raising Big Money to Conquer Your City Next
From a small food kiosk in Kolkata to becoming a household name, Wow! Momo has come a long way—and it’s not slowing down. The quick-service restaurant (QSR) brand just raised a whopping ₹85 crore in debt funding from Stride Ventures, and the timing couldn’t be more perfect.
Why? Because India’s QSR space is heating…
This Startup Just Rewarded Its Team with Crores—Before Hitting Series A!
In a bold move that’s turning heads across the Indian startup scene, Univest, a rising fintech player founded in 2022, has just completed its first-ever ESOP buyback worth ₹1.61 crore.
That’s right—before even reaching its Series A funding stage, Univest is already sharing the wealth with its early team members. And…
Once the poster child of India’s booming startup scene, Byju’s is now facing a sharp decline. The edtech giant has just sold two of its major U.S. assets—Epic and Tynker—for a combined $97.2 million, despite having bought them for nearly $700 million just a few years ago.
These fire-sale deals come amid bankruptcy proceedings in a Delaware court, and they highlight just how far the company…
Shock Exit at Unicommerce: CTO Bhupinder Garg Resigns After 7.5 Years
In a surprising leadership shakeup, Bhupinder Garg, the long-time Chief Technology Officer (CTO) of Unicommerce, has officially stepped down — and the timing has raised eyebrows across India’s SaaS and e-commerce circles.
Unicommerce announced the move via a stock exchange filing, confirming that Garg’s resignation became…
A Surprising Move in the Startup World
In a recent regulatory filing, Sahil Barua, the CEO of logistics company Delhivery, announced that he has stepped down from his position as an Independent Director on the board of Swiggy, one of India’s leading food delivery platforms.
While the news came as a surprise to many in the startup ecosystem, Swiggy confirmed that Barua’s resignation was without…
In a surprising turn of events, Rinshul Chandra, the Chief Operating Officer of Eternal Limited (formerly known as Zomato), has stepped down from his role. The news broke on April 5, with Chandra confirming that his last official day would be April 7, 2025. This marks the end of a significant chapter in both Chandra’s career and the evolution of Eternal’s food ordering and delivery…
