Coworking space startup, WeWork India, is set to receive a new investment worth $100 mn from its parent company, WeWork. The Indian branch of the startup was founded in 2017 and is based in Bengaluru. The startup last raised funding worth Rs 500 crore last year. “This financing will support WeWork India’s long-term strategy, focused […]
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Mumbai-based online health and fitness platform, Stepathlon Lifestyle, raises new investment for its group-focused digital events and activities. The platform turns physical fitness into an interactive game-like activity by bringing users together digitally. The company has worked with approximately 722 companies to host these activities. “At a time when the world is dealing with the […]
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As the Covid-19 pandemic has caused economic instability for companies, many Indian startups have responded by increasing employee stock options. Companies increasing availability for their Employee Stock Ownership Programs (ESOPs) include Grofers, Paytm, Bounce, Zomato and Oyo. The stocks are mostly coming from those previously owned by founders, as reported by Economic Times. “Any company […]
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As the global need for protective face masks has risen during Covid-19, Nanosafe Solutions has created a new protective mask called ‘NSafe.’ Nanosafe Solutions is a biotechnology startup based in New Delhi. NSafe, which was unveiled on May 6th, has three layers and is currently in the manufacturing process. “We believe this is the first […]
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A travel startup focused on personalized experience packages, Flynote.in, sees impact of Covid-19 pandemic in employee layoffs. The Bengaluru-based company was founded by Abhinav Prakash, Ankit Abhishek, Devvarat Meena, Parth Pratik and Shukant Agrawal. Several of the 90 employees who were laid off, found out in an email, as reported by Livemint. The layoffs come […]
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