Omidyar Network, backed by eBay founder Pierre Omidyar, plans to shut down its India operations, two sources familiar with the matter told TechCrunch, in a stunning development for […]
Will December bring startup winter?
Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. Borrowing has become more expensive, and profits are harder to come by, which […]
Goldman Sachs-backed ZestMoney, once valued at $450M, to shut down
ZestMoney, a buy now pay later startup whose ability to underwrite small ticket loans to first-time internet customers attracted many high-profile investors including Goldman Sachs, is shutting down following […]
Doubtnut, once offered a $150M deal by Byju’s, sells for $10M
Allen Career Institute has acquired Doubtnut in a deal that values the young edtech at $10 million, according to a person familiar with the matter, a reversal of […]