Article on January 27, 2023
A Pro-startup Sector Approach: Expectations From Union Budget 2023
The Government of India has been revolutionising the manufacturing sector, and startup economy through its efforts. By providing budgetary allocations that lead to continuation of existing schemes and expanding the horizon through new initiatives and tax benefits etc, it is possible to not only unlock greater economic output from the startups, but also boost sustainable development in the country!
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Union Budget 2023: Insights From Founders and Funders Lens
Experts share their demands and expectations, which include, but are not limited to, parity in the treatment of LTGC for listed and unlisted securities and employee-friendly ESOPs. Moreover, the article slightly touches upon the roadblocks in implementing the policies and initiatives
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Rigi Secures Rs 100 Cr From Elevation, Sequoia, MS Dhoni, Kunal Shah, Others
With the closing of this round, influencer-platform Rigi has raised USD 25 Mn across 3 rounds in 14 months since inception
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CARS24 Plans To Hire Over 500 Employees In Next Quarter
The company will be hiring for both tech and non-tech related roles and has opened positions in departments including technology, product, data sciences, engineering, business, customer success, human resources, finance, marketing and sales
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SirionLabs Lays Off Around 130 Employees Of Its Workforce
The company recently secured new funding that brings the startup’s total Series D capital raise to USD 110 million
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SoftBank’s Bets In Startup Hit A Record Low, Tightens Funding
The firm once participated in USD 30 billion worth of financing rounds in more than 90 startups in a single quarter and participated in just eight investment rounds totaling USD 2.1 billion in the three months ending in December
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Kalaari Capital Leads $2.6 M Pre-series A Round For Studio Sirah
The company plans to utilise the funds to globally launch its flagship gaming title, Kurukshetra: Ascension, by June 2023
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Healthtech Unicorn Innovaccer Cuts 15% Of Its Workforce
The company cited an 'uncertain macroeconomic environment' as the reason behind the layoffs
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GENLEAP Bags Rs 27 Cr In Pre-series A Round
GENLEAP is extending its footprint both geographically and in terms of products launches,providing DNA-led solutions for personal career growth and development, health and wellness, relationship compatibility, disease susceptibility and more
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