Ayanti Bera

5 days ago | financialexpress.com | Ayanti Bera

For Akash Sinha, the story of building Cashfree Payments was more than just about innovation and execution — it was about being in the right place at the right time.

1 week ago | financialexpress.com | Ayanti Bera

The Software Technology Parks of India (STPI), an autonomous body under the ministry of electronics and IT, was initially set up to promote IT and IT-enabled services exports. Over time, its role has shifted significantly. Over the last three years, STPI has actively repositioned itself as a catalyst for startup growth, particularly in tier 2 and tier 3 cities.

1 week ago | financialexpress.com | Ayanti Bera

While the startup funding ecosystem is showing signs of recovery after a prolonged slowdown, the appetite for angel investing seems to have diminished significantly, pointing to a shift in early-stage capital dynamics. According to Kushal Bhagia, co-founder of early-stage VC firm All In Capital, many angel investors planned poorly. “They deployed their entire angel investment corpus in two years, not realising that exits take four to five years,” Bhagia pointed out.

2 weeks ago | financialexpress.com | Ayanti Bera

Fintech major Cred has become the latest in a string of unicorns to raise capital at a lower valuation than in previous rounds. Earlier this week, the Kunal Shah-founded company secured fresh funding at a $3.5 billion valuation, marking a steep 45% cut from its 2022 peak of $6.4 billion. With this, Cred joins the likes of Byju’s, PharmEasy, Meesho, ShareChat, and Udaan, once high-flying startups that have all seen their valuations tumble during recent fund raises.

2 weeks ago | financialexpress.com | Ayanti Bera

Troubled edtech major Byju’s has sold its US-based coding platform Tynker for $2.2 million and reading platform Epic for $95 million, in a sharp markdown from what it had paid to acquire them in 2021, according to a report by EdWeek Market Brief. The sale, approved by a US bankruptcy court in Delaware, is part of a series of asset liquidation, as Byju’s navigates its financial collapse and bankruptcy proceedings in the US.