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Fidelity has slashed the estimated worth of its holding in SaaS startup Gupshup by over 20% in a month and by more than 50% since the original investment in the …
Fidelity deepens valuation cut for SaaS startup Gupshup Read More
Fidelity, the lead investor in Reddit’s most recent funding round in 2021, has slashed the estimated worth of its equity stake in the popular social media platform by 41% since …
Fidelity has cut Reddit valuation by 41% since 2021 investment Read More
Meesho has cut 15% of its workforce, or 251 roles, as the Indian social commerce startup pares its expenses to improve its financial health and confront the “economic reality.” This …
India’s Meesho cuts 251 jobs to ‘accelerate timeline to profitability’ Read More
Investment giant Fidelity announced today that it has acquired Shoobx, a venture-backed fintech startup, for an undisclosed amount. Jason Furtado and Stephan Richter founded Boston-based Shoobx in 2013, according to …
Fidelity makes first acquisition in 7 years, snapping up fintech Shoobx Read More