Noida and US-based healthcare analytics startup Innovaccer is reportedly in advanced talks to raise up to $60 million from Tiger Global, Steadview Capital and Dragoneer Investment Group. The startup was founded by IIT-Kharagpur graduates Abhinav Shashank and Kanav Hasija, along with IIM-Ahmedabad alumnus Sandeep Gupta … Read more

Bengaluru-based co-living services startup Grexter Living has acquihired Bengaluru-based i2Stay for an undisclosed amount. As part of this transaction, Rajasekhar Gowrineni, CEO of i2stay, will join the Grexter Living team as the Managing Partner for South India. Launched in January 2016 by IIT Madras alumni … Read more

Mumbai-based premium fashion house Purple Style Labs (PSL) has acquired multi-brand e-commerce website Pernia’s Pop-Up Shop (PPUS) for an undisclosed amount. PSL Founder Abhishek Agarwal said the platform is looking to invest in early-stage Indian designer brands. Founded in 2015, PSL has raised over $8 … Read more

Gurugram-based online food delivery startup Zomato has confirmed it fired 70-100 employees from its customer support team at its Gurugram office, reportedly as a cost-cutting measure. It reportedly spends about ₹4-5 per order on customer support and after-sales services per food order. However, Zomato said … Read more

Gurugram-based co-working startup GoWork said on Tuesday it has raised $53 million in a debt round financed by a private fund managed by Black Rock’s Private Credit team and CLSA Capital Partners’ Special Situations Group. Prior to today’s announcement, GoWork had raised an undisclosed amount … Read more

Indore-based agritech startup Gramophone on Tuesday announced it has raised ₹24 crore ($3.5 million) in Series A funding from Info Edge, Asha Impact and others. An existing investor in Gramophone, Info Edge infused ₹14 crore in April this year and ₹6.4 crore ($1 million) in … Read more