Startups

Swiggy plans to lay off 380 jobs and shut down its meat marketplace as the Prosus Venture and SoftBank-backed Indian food delivery giant looks to navigate the market downturn that has forced firms to become leaner and more disciplined. In an email to employees on Friday, Swiggy co-founder and chief

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Thursday! This week has just flown by, and we're still reeling from the excitement that a company is leaning into compliments. Compliments? In this day and ag

In late-2020, Presso pivoted. It made a lot of sense at the time. People weren't traveling much and therefore weren't particularly hung up on getting their business attire dry-cleaned. Certainly the hospitality industry — which had been identified as a major potential revenue sort 

Getting a handle on food costs at an independent restaurant is a constant challenge for owners, and there is a long list of startups, like MarginEdge, OneOrder, TouchBistro, PreciTaste, ConverseNow, Fudo, Owner.com, that have stepped with their solutions. Zitti’s app shows food pricing insigh

People are addicted to credit cards — and it’s no wonder, given the lucrative rewards that many of them offer. But for merchants, credit cards tend to be less appealing. That’s because they’re on the hook for interchange fees, or transaction fees a merchant’s bank must

The teenage market for apps is a tough nut to crack and stay relevant in. Just ask Snapchat. Equally, teens are going through a stage in life where almost every social interaction seems to carry portent of some kind of other. This would explain in part why apps like SendIt, NGL and Nocapp (some are

PhonePe’s valuation has more than doubled to over $12 billion in a new funding round as the Indian fintech giant readies for life without parent firm Flipkart. The Bengaluru-headquartered startup said it has raised $350 million and anticipates raising up to another $650 million as part of the

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Helloooo, Crunchers! The heavy goods train of tech news keeps on rollin' down (and sometimes off) the tracks. Apropos tracks, we've been a

Founded by Ece Kural and Furkan Bayraktar, Scrintal is a visual note-taking and collaboration tool. The Sweden-based company’s product combines visual canvases with documentation to help professionals and teams go from idea to presentable work on the same screen — think Miro meets Noti

The past few years have been a rollercoaster for the startup world’s herd of unicorns. Two years ago, we saw a record number of companies cross the $1 billion valuation milestone. But that momentum slowed to a trickle last year, and this year’s market conditions look likely to reverse c

Open source password management platform Bitwarden has made its first known acquisition, snapping up a fledgling Sweden-based startup called Passwordless.dev, which specializes in helping developers integrate passwordless authentication technology into their software. The news comes shortly after 1

Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their drea

Often, first-time e-commerce entrepreneurs don't know what they need to build an effective funnel and cart experience for their platforms. It’s not their fault; the problem’s challenging. According to one source, the average cart abandonment rate across all industries is 69.57%. Tha

GoMechanic has laid off 70% of its workforce as the Sequoia India-backed startup grapples with a funding crunch after the existing and prospective investors found that the founders had misstated facts. The move comes as the Gurgaon-headquartered GoMechanic, which offers auto-services such as repair