Zomato co-founder's new startup to offer mental health online
The mobile app provides meditation and yoga content through a mixture of live classes and an on-demand library of audio and video content.
PolicyBazaar arm cuts over 1,500 jobs
Owing to the coronavirus impact, other unicorns and large startups like Oyo, Curefit, Swiggy, Ola, and ...
CureFit lays off hundreds, cuts pay across levels
While the company founders will forgo their salaries, the management team and other staff w...
Curefit scoops up Rs 832 crore in fresh round led by Temasek
The new financing round has also seen the entry of two new investors into the company’s investor cap table, GableHorn Investments and Ascent Capital.
VCs and startup CEOs join hands to launch Covid-19-focussed Grant
The Action Covid Team Grants, which is possibly a first-of-its-kind initiative globally, has already received about 40% of its target corpus.
Angel investments in healthcare startups up 3x in Q2 of 2020
The Indian healthcare industry has been backing digital technologies to foster an ecosystem for affordable, preventive healthcare for the first line of defence.
Good companies can easily raise money in tough times: Curefit cofounder Mukesh Bansal
In an interview with ET, Mukesh Bansal - a serial entrepreneur and cofounder of health and wellness startup Cure.Fit - talks about some of the habits he has cultivated, Cure.Fit's revenue growth and profitability, Eat.Fit, his current venture and his outlook on the startup ecosystem.
Startup narrative will change from funding and GMV to profit: Mukesh Bansal
If you are in business, the issue of profitability is going to catch up with you eventually. All businesses exist for generating profits. All valuation models are eventually built on profit, earning multiples.
Zomato starts ‘Talent Directory’ to help its laid off employees find new job
Zomato has created a Zomato Talent Directory for employers to access employee profiles listed on its forum.
Ola fires 1,400, says revenues plunge 95% in two months
Ola — backed by global marquee investors including SoftBank, Tiger Global, Tencent, and Steadview Capital—employs about 4,000 people in its Indian operations. It was valued at around $6 billion during its last funding round in September.
Cure.fit settles out of court with Book Your Game
The company has settled the case by paying close to the deal value, says one of the sources.
Zomato to lay off 13% of its staff as Covid-19 severely impacts food ordering business
Zomato has said it will let go of 520 people and undertake up to a 50% pay cut for remainder of the organisation.
Indian startups get creative as coronavirus crisis fuels funding crunch
BookMyShow is promoting free-to-watch Instagram Live performances in an effort to keep its users engaged, while restaurant aggregator and food delivery firm Zomato is targeting a push into alcohol delivery.
BookYourGame takes Curefit to court, gets an injunction against product
Refuting the allegations, Curefit told ET that the transaction never progressed to definitive closure or to a formal on-boarding of BYG employees.
Startups rope in celebs to bag more users online
Educational technology startup Unacademy has started a new series with MP Shashi Tharoor and former top cop Kiran Bedi.