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CoinSwitch, Backed by Tiger Global, Enacts Layoffs: 44 Employees Affected

In an unfolding chapter of layoffs within the Indian startup landscape, CoinSwitch, a crypto exchange backed by Tiger Global, has undertaken a restructuring effort...

Chingari achieves operational profitability

Chingari, the popular short-video sharing platform, has achieved a significant milestone, according to CEO and cofounder Sumit Ghosh. Ghosh proudly announced that the platform...

ED takes action against illegal online gambling

Continuing its drive to combat unlawful online gambling platforms, the Enforcement Directorate (ED) has seized INR 5.87 Cr from multiple individuals and entities under...

Edtech startup Cuemath fires 100 more employees

Edtech startup Cuemath, backed by Peak XV Partners, has reportedly taken further steps to reduce its expenses by letting go of around 100 employees....

PhysicsWallah unveils 26 new centers and INR 200 crore scholarships

Edtech giant PhysicsWallah has revealed its latest endeavors to amplify education accessibility. With the launch of 26 new PW Vidyapeeth centers throughout India, the...

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a16z’s Brian Quintenz top pick for CFTC chair under Trump: Report

Former CFTC commissioner Brian Quintenz, now a16z’s policy...

Xiaohongshu expects over $1b profits in 2024

The Chinese social media and ecommerce platform is...

Australia fines Kraken’s operator $5.1m for regulatory breaches

Australia took legal action against the company for...

Indian fintech startup Navanc raises $1m seed funding

Navanc, established in 2021, plans to use the...