A look at this week's startup deals: Unacademy, Ola, Pepperfry, Enkash, Meesho were in news

This week startups like Ola Cabs saw its loss widening to Rs 3,082 crore in 2021-22, online furniture store Pepperfry co-founder and CEO Ambareesh Murthy has passed away at the age of 51 due to cardiac arrest, Enkash expects its business to grow by 36 per cent to $30 million, about Rs 250 crore and Unilever Ventures has invested Rs 14.40 crore in health and wellness company What's Up Wellness. 

ZeeBiz.com has curated a list of top deals this week featuring Unacademy, Ola, Pepperfry, Enkash and Meesho among others.

Ola Cabs loss widens to Rs 3,082 crore in FY22

Ride-hailing company Ani Technologies Pvt Ltd, popularly known as Ola Cabs, saw its loss widening to Rs 3,082 crore in 2021-22, according to financial data accessed by business intelligence platform Tofler. The company's losses have more than doubled on a year-over-year basis, the data showed.

Pepperfry co-founder Ambareesh Murty passes away due to cardiac arrest

Online furniture store Pepperfry co-founder and CEO Ambareesh Murthy has passed away at the age of 51 due to cardiac arrest in Leh, fellow co-founder Ashish Shah announced in a tweet on Tuesday. 

Enkash expects business to grow by 36% to Rs 250 crore this fiscal

Fintech firm Enkash expects its business to grow by 36 per cent to USD 30 million, about Rs 250 crore, in this fiscal on account of digitisation in small and medium business in the accounting segment, a senior official of the company said.

Credgenics raises Rs 414 crore from Westbridge Capital, Accel, others

Fintech startup Credgenics on Wednesday said it has raised USD 50 million, or about Rs 414 crore, from a clutch of investors, including Westbridge Capital and Accel. Tanglin Ventures and Beams Fintech Fund also participated in the funding round.

Meesho turns profitable in July on uptick in order volumes, revenue: CEO Vidit Aatrey

Softbank backed e-commerce firm Meesho has turned profitable on a consolidated basis in July, supported by significant uptick in order volumes and revenue, a senior company official said on Monday.

WeWork's bankruptcy warning to not impact India unit

WeWork's warning of a bankruptcy risk would not have an impact on its India unit, regional CEO Karan Virwani said on Wednesday. New York-based WeWork, which was valued at $47 billion in 2019, on Tuesday raised "substantial" doubt around the continuance of its operations and warned of a possible bankruptcy.

Par panel for easing criteria for recognised startups to avail tax benefits

A parliamentary panel on Thursday recommended relaxation in criteria for eligible startups to claim benefits under income tax law as only one per cent of recognised entrepreneurs have availed the benefit.

Amazon India enables exports worth over Rs 66,000 crore, digitises 62 lakh MSMEs

Amazon India on Thursday said it has cumulatively digitised 62 lakh micro, small, and medium enterprises (MSMEs) and enabled exports worth USD 8 billion.

Hike lays off around 55 people after GST hike on online gaming

Kavin Bharti Mittal-founded Hike, which owns Rush Gaming Universe, has laid off about 55 people - more than one-fifth of its total workforce - to absorb the impact of the GST hike on online gaming, a top company official said on Thursday.

Anurag Tiwari appointed as National Academic Director for Unacademy Centres

Learning plarform Unacademy on Friday announced the appointment of Anurag Tiwari as the National Academic Director for Unacademy Centres.