Wednesday, April 24, 2024
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Is There Any Value Left At The End Of Tunnel For Byju’s? 

After major investors Blackrock and Prosus cut the valuation of the edtech firm to $1 billion and $3 billion, respectively, the latest rights issue pegs the pre-money valuation at a meagre $25 million, slumping more than 99% from its peak valuation of $22...

Prathik Desai 02 / 02 / 2024

Meesho Launches Valmo To Cut Logistics Costs

The Softbank-backed e-commerce firm has been able to slash its supply-chain overheads by 5% by bringing together India’s unorganised logistics players onto its tech-enabled platform

Prathik Desai 08 / 02 / 2024

Paytm App Will Continue To Work Beyond Feb 29 As Usual: CEO Vijay Shekhar Sharma

Paytm said that the RBI order also does not impact user deposits in their savings accounts, wallets, FASTags and NCMC accounts, and they can continue to use the existing balances.

02 / 02 / 2024

CoinDCX Lost Nearly 90% Of Trading Volume Due To 30% Tax On Gains, Reveal Co-founders Sumit Gupta and Neeraj Khandelwal

Though eager for regulations, co-founders Sumit Gupta and Neeraj Khandelwal insist that it should not be counterintuitive for the Web 3 and crypto industry .

Vinita Bhatia23 / 12 / 2023

Is Zomato's Profitable Quarter A Flash In The Pan?

With a projected 40% YoY revenue growth for the next few years, Zomato's profitability milestone in Q124 underscores its dominion in the food delivery market. But will it be able to maintain this momentum?

Vinita Bhatia 30 / 09 / 2023

Nazara Technologies Limited plans to invest a minimum of Rs 1 Crore per game and launch up to 20 games over the next 18 months

Mitsubishi UFJ Financial Group, Inc, BNP Paribas Cardif through its Insurtech fund managed by Eurazeo and Beams Fintech Fund join the cap table

AWS re/Start graduates can utilise Apna’s platform to showcase their skills directly to recruiters seeking to fill entry-level tech

He replaces Nelson Chai, who stepped down from the role in August after a five-year stint with the ride-hailing app

Falguni Nayar in the annual general meeting said almost one-third of the GMV contribution in FY23 came from the newer businesses

Both the top-level executives have quit the company ahead of a planned public listing

He is likely to set up an early stage investment firm

Physics Wallah Vidyapeeth currently operates 67 centers across 38 cities in India, with a student base of nearly 1.5 lakh students

The targeted and holistic approach to quality enforcement has already resulted in over 12,000 listing removals globally since April 2023

US-based StepStone Group led the Series E funding round