Monday, May 29, 2023
Outlook India
Outlook Business


Walmart+ customers can use Pawp’s services for a year from now

With this latest primary infusion from General Atlantic, PhonePe has now raised a total of $850 million of primary capital in the current round

Previously in 2021, Elevation Capital sold about 10 per cent of its stake in the e-commerce brand FirstCry

Kamath has been with Myntra for almost seven years and was instrumental in bringing brand-building DNA to Myntra, where he headed its private label business

The impacted employees will receive full pay and benefits for 60 days

Bloomberg confirms that the company notified its managers to announce the job cuts on Wednesday

The development comes as a blow to ZestMoney, a buy-now-pay-later platform, which has been trying to raise funds for a while

The company will utilise the recently generated capital to expand its fintech business in the country

PhonePe raised $350 million from the United States (US) based venture capital (VC) firm General Atlantic in February

Meta laid off nearly 11,000 employees last year as a part of its cost-cutting measures