Ronnie Screwvala-backed Edtech Startup Lido Learning files for bankruptcy, 6 months after asking over 1,200 staffers to quit

Another fledgling company is struggling to gain traction. Lido Learning, an edtech startup that once thought about merging, has filed for bankruptcy because it doesn’t have enough money to pay its teachers and former employees. Sahil Sheth is the Founder and Chief Executive Officer of Lido. Lido Learning, founded in 2019, provides live online tuition classes […]

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Daalchini, a retail tech startup, has raised $4 million in funding led by Unicorn India Ventures

On September 7th, retail tech startup Daalchini raised $4 million in a Series A funding round led by Unicorn India Ventures. Artha Venture Fund, former CEO of Domino’s India Ajay Kaul, and VSS Investco, an investment arm led by Vijay Shekhar Sharma, CEO of fintech unicorn Paytm, were among the existing investors who took part in […]

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Ranveer Singh Made His First Startup Investment in Sugar Cosmetics

As part of its Series D fundraising round, the beauty and cosmetics company SUGAR Cosmetics has attracted Bollywood actor Ranveer Singh as an investor. The amount of the funding was not made public by the company. $50 million was raised by SUGAR Cosmetics in May 2022 as part of its Series D round, which was […]

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Finance Minister Announces Millet Challenge With Rs 1 Cr Prize Each For 3 Startups

On Saturday, Nirmala Sitharaman, the Finance Minister of India, announced the “Millet Challenge” for startups. The competition will award three winners with a seed grant of Rs 1 crore each to create innovative solutions for and across the millets value chain.  In addition, she declared that the University of Agricultural Sciences in Raichur would receive […]

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