April 28, 2020

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B2B Ecommerce Unicorn Udaan Lays Off At Least 3,000 Contractual Employees

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Udaan has offered one month’s gross salary and three months of group medical insurance as compensation Bengaluru-based Business-to-Business (B2B) ecommerce unicorn Udaan has laid off an estimated 10%-15% of its contractual staff (approximately 3,000-3,500 contract-based employees), through emails sent by Udaan’s consulting firms on April 24. According to several employees who took to Twitter to […]

B2B Ecommerce Unicorn Udaan Lays Off At Least 3,000 Contractual Employees Read More »

Udaan has offered one month’s gross salary and three months of group medical insurance as compensation Bengaluru-based Business-to-Business (B2B) ecommerce unicorn Udaan has laid off an estimated 10%-15% of its contractual staff (approximately 3,000-3,500 contract-based employees), through emails sent by Udaan’s consulting firms on April 24. According to several employees who took to Twitter to

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Oriente

Hong Kong Fintech Startup Oriente Raises US$50M in Ongoing Series B

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The startup claims to have experienced a 700% year-on-year (YoY) growth in transactions, and served more than 4 million new users in 2019 Hong Kong-based fintech startup Oriente has raised fresh funds of approximately US$50 million in its ongoing Series B funding round, the company announced in a press report today. The round was led

Hong Kong Fintech Startup Oriente Raises US$50M in Ongoing Series B Read More »

The startup claims to have experienced a 700% year-on-year (YoY) growth in transactions, and served more than 4 million new users in 2019 Hong Kong-based fintech startup Oriente has raised fresh funds of approximately US$50 million in its ongoing Series B funding round, the company announced in a press report today. The round was led

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blockchain E24P

Hong Kong and Korean Blockchain Platforms Announce Execution Intelligence Group (E24P)

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Members of the blockchain platform’s E24P include royal Emirati family, fintech banking platform, tech research institute Hong Kong-based open-source software nonprofit The Aergo Foundation and South Korean blockchain tech startup Blocko announced the launch of the Execution Intelligence Group (E24P) in a statement yesterday. The E24P is an alliance of organizations seeking to facilitate innovation

Hong Kong and Korean Blockchain Platforms Announce Execution Intelligence Group (E24P) Read More »

Members of the blockchain platform’s E24P include royal Emirati family, fintech banking platform, tech research institute Hong Kong-based open-source software nonprofit The Aergo Foundation and South Korean blockchain tech startup Blocko announced the launch of the Execution Intelligence Group (E24P) in a statement yesterday. The E24P is an alliance of organizations seeking to facilitate innovation

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Accounting

The Importance of Startup Accounting for Founders

Leave a Comment / Entrepreneur Basics, Startup Toolkit /

Understanding why startups need accounting, what are some of the common mistakes, and how to avoid them As a new entrepreneur, you are probably working endlessly on developing your product, preparing investment pitches, finding a technical co-founder, and chasing suppliers or customers. Accounting may not be a task of foremost importance on your mind. You

The Importance of Startup Accounting for Founders Read More »

Understanding why startups need accounting, what are some of the common mistakes, and how to avoid them As a new entrepreneur, you are probably working endlessly on developing your product, preparing investment pitches, finding a technical co-founder, and chasing suppliers or customers. Accounting may not be a task of foremost importance on your mind. You

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SGX

Syfe Partners with SGX in First-of-its-Kind Product Expansion

Leave a Comment / Ecosystems, Features, Latest /

The digital wealth management startup is expanding its portfolio of investment options Singapore-based digital wealth management startup Syfe has launched a partnership with the Singapore Exchange (SGX) to allow users to invest in and track one of SGX’s most popular real estate indices. The seed-stage company, founded by former UBS trader Dhruv Arora and publicly

Syfe Partners with SGX in First-of-its-Kind Product Expansion Read More »

The digital wealth management startup is expanding its portfolio of investment options Singapore-based digital wealth management startup Syfe has launched a partnership with the Singapore Exchange (SGX) to allow users to invest in and track one of SGX’s most popular real estate indices. The seed-stage company, founded by former UBS trader Dhruv Arora and publicly

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one-pager

Creating A One-Pager for Your Startup’s Next Fundraise

Leave a Comment / Finance, Fundraising & Accelerators, Startup Toolkit /

By Tanisha Lele Optimizing this one-page document to provide the perfect sneak-peek of your startup. A one-pager plays a crucial role in raising funds for any early-stage business. It can help to define a startup and its mission, along with its current position in the market (financial and otherwise). Coming up with the perfect one-pager

Creating A One-Pager for Your Startup’s Next Fundraise Read More »

By Tanisha Lele Optimizing this one-page document to provide the perfect sneak-peek of your startup. A one-pager plays a crucial role in raising funds for any early-stage business. It can help to define a startup and its mission, along with its current position in the market (financial and otherwise). Coming up with the perfect one-pager

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