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Trusted startup news, real founder stories, in-depth startup case studies, practical startup ideas, and  job opportunities from the startup space

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foundlanes-upGrad’s Majority Stake in Internshala: What It Means for the Future of Internships in India-Information for the audience

upGrad has acquired a 90 percent stake in Internshala through a stock-swap deal valued at around ₹100 crore, marking a major shift in India’s career-tech landscape. The move aims to connect learning, internships, and early career opportunities on a single platform. Internshala, with 34 million users and 450,000 employers, will continue operating independently while using upGrad’s tech and industry network to scale its revenue beyond ₹100 crore in the next two years. The acquisition reflects the growing push in India’s edtech sector toward integrated, outcome-focused career solutions. #upGrad #Internshala #CareerTech #EdtechNews #StartupNews #IndianStartups #MergersAndAcquisitions #TechNews #SkillsDevelopment #YouthCareers

foundlanes-Unacademy Announces Rs 50 Crore ESOP Buyback: 8 Employees Set to Become Crorepatis-Information for the audience

Unacademy has launched a Rs 50 Crore ESOP buyback to offer liquidity to its team. Eight employees will earn over Rs 1 crore each, with many others receiving substantial payouts. The move comes as the company navigates a slowdown in online learning and aims to rebuild trust after earlier ESOP policy issues. The buyback will roll out in phases in the coming weeks. #Unacademy #ESOPBuyback #StartupNews #IndianStartups #Edtech #StartupEcosystem #BusinessUpdates #FundingNews

foundlanes-Uber injects Rs 3,000 crore into India arm as battle with Rapido heats up-Information for the audience

Uber injects Rs 3,000 crore into its India business to counter competition from Bengaluru-based Rapido and maintain its market position. The funding, totaling around $330 million, was deployed in two tranches via equity shares to Uber’s Dutch parent. While Uber India’s revenue grew modestly to Rs 3,849 crore in FY25, losses surged to Rs 1,511 crore amid competitive spending. Rapido, dominating two- and three-wheeler segments with 65% market share, grew revenue 44% to Rs 934 crore. The capital infusion signals a new aggressive phase in India’s ride-hailing market, emphasizing the importance of cash reserves, driver incentives, and strategic growth. #UberIndia #RideHailing #Rapido #StartupIndia #MobilityIndia #TechNews #FundingNews #IndianStartups #Transportation #BusinessGrowth #MarketCompetition #Investment #MobilityTech #StartupFunding #IndianEconomy

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What is foundlanes?

foundlanes is a platform built for the startup ecosystem. We share real founder stories, startup case studies, startup news, and ideas, and also help startups post jobs and connect with talent for free.

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