Corporate

Ola focuses on cost-cutting exercise, may lay off 400-500 employees

Corporate

Foodtech WayCool raises $40 million in funding led by global investment firm

Corporate

Global VC firm Accel announces $4 bn late-stage fund

Markets

Foxtale raises $4 million in funding led by Matrix Partners India

Markets

Cred raises $80 million from GIC in series F funding led by GIC, others

Corporate

Jeff Bezos backed Lummo lays off 50-60 employees from its Bengaluru office

Corporate

Info Edge-backed Yojak fires over 60 full-time employees

Corporate

Slice raises $50 million from existing investor Tiger Global

Corporate

Unacademy backed Frontrow fires 150 employees over email

Banks

SoftBank reports $13 bn loss amid tech sell-off, cuts startup funding

Corporate

AI-focused LimeChat raises $4.2 mn in seed funding round from Stellaris Venture Partners

Industry

14 startups turn unicorns in Q1