Voicy wants to pwn gamers with audio memes Natasha Lomas

If meme stocks can be a thing, what’s to stop audio meme sharing from going viral!? Hoping to storm the ear-bending arena of social audio and win friends amid the gamer/creator crowd is Voicy — a Netherlands-based startup that’s building a platform for user-generated audio snippets (typically a few seconds long), offering tools to create …

Exclusive: Used Car Ecommerce Unicorn Cars24 Lays Off 600 Employees To Cut Cost Debarghya Sil

After Vedantu, Unacademy and Meesho, now IPO-bound automobile marketplace Cars24 has laid off around 600 employees in the past couple of weeks. The startup has mostly laid off employees from lower positions across divisions.  Inc42 sources requesting anonymity have confirmed the development and hinted that most of the layoffs had taken place because the startup …

Kerala To Bring India’s First State-Owned OTT Platform ‘CSpace’ On Nov 1 Gunja Sharan

Kerala will become the first state in India to launch a state-owned over-the-top (OTT) platform, ‘CSpace’, on November 1. The platform will have movies, short films and documentaries. CSpace is an initiative of Kerala State Film Development Corporation (KSFDC), the first public sector corporation for film development in India, on behalf of the state government. …

CCI Starts Investigating Small Businesses As Ecommerce Players Hold Back Information Jaspreet Kaur

The Competition Commission of India (CCI) is presently investigating various small and medium enterprises (SMEs) that are acting as sellers on ecommerce companies such as Amazon and Google in the context of breaching competition laws.  People, who are privy to the matter, told ET that some of these digital platforms are not fully cooperating with …

SustVest raises $160K from angel investors Shashank Pathak

Gurugram-based SustVest, a sustainable investment platform, has raised $160K from angel Investors. The funding was led by Paurush Sonkar, Founder & CEO, Stallions Capital, Balaji Vaidyanathan, and Sandeep Shetty, Seasoned Early stage investors. The investment will be utilized for product development; marketing and enhancing the brand in the market in the Indian region. Founded in …

Web3 Startup Questbook Raises $8.3 Mn To Help Web3 Developers Gain Access To Capital Hemant Kashyap

Web3 startup Questbook has announced its $8.3 Mn Series A funding round. The round was led by Lemniscap and saw participation from Coinbase Ventures, Alameda Research, Dragonfly, Hashed, Polygon, Balaji Srinivasan, Raj Gokal of Solana, Arjun Sethi of Tribe Capital and Maneesh Sharma of GitHub. Founded in 2021 by Subhash Karri, Abhilash Inumella, Sriharsha Karamchati …

ESOP Buybacks: From Reasons To Tax Implications; Here’s Everything You Need To Know Sreekumaran N

Employee stock options or ESOPs have been around for some time now. However, the recent uptick in startups going for ESOP buybacks has brought it under the spotlight.  ESOPs are well-thought-out plans to build cohesion and create shared wealth in a company. It is an all-important part of the liberal remuneration packages offered by companies …

For better or for worse: Managing founder-CEO tension inside a startup Ram Iyer

Max Schireson Contributor Share on Twitter Max Schireson, the former CEO of MongoDB, is an executive-in-residence at Battery Ventures, where he helps advise the firm’s cloud and data portfolio companies on a variety of strategic and tactical business issues. More posts by this contributor Tracking the explosive growth of open-source software The Money In Open-Source …