Business Culture & Policy News Flipkart, founders reportedly issued show-cause notice against a $1.35Bn fine over breach of India’s foreign exchange rules We are halfway through 2021 and still, things have not improved for… Soumyadeep SarkarAugust 5, 20212 minute read
Business News Trupti Mukker to succeed Karan Bajan as Whitehat Jr. CEO, one year after Byju’s acquisition The acquisition spree of edtech decacorn Byju’s is well-known – it has… Soumyadeep SarkarAugust 4, 20212 minute read
Business News Venture Capital Stride Ventures India’s Fund II reaches first close, raises ₹550 crores Leading venture debt firm Stride Ventures has announced the first close of… Soumyadeep SarkarAugust 4, 20212 minute read
Business News Startups upGrad acquires upskilling platform KnowledgeHut, weeks after raising $250Mn for acquisitions upGrad, the edtech platform focused on higher education, is acquiring KnowledgeHut to… Upneet SinghAugust 3, 20212 minute read
Business News Startups CarTrade looks to raise ₹3000 crores through IPO, opens on August 9, price band set at ₹1,585-1,618 With the Zomato IPO sending tremors across the sector and smashing its… Soumyadeep SarkarAugust 3, 20212 minute read
Business News Startups PolicyBazaar files to go public, seeks to raise upwards of $800 million through IPO Zomato’s IPO has been nothing short of scintillating and is a legendary… Soumyadeep SarkarAugust 2, 20212 minute read
Business News Startups Jack Dorsey’s Square set to acquire BNPL firm Afterpay for $29Bn in Australia’s biggest buyout ever Twitter may be having a challenging time in the world’s second-largest internet… Soumyadeep SarkarAugust 2, 20212 minute read
Business News Startups Venture Capital Unacademy raises $440Mn in Temasek-led round, valuation balloons to $3.44Bn The Indian ed-tech boom, that gathered massive steam due to COVID-19 induced… Upneet SinghAugust 2, 20212 minute read
Business News Startups Venture Capital B2B e-commerce platform OfBusiness becomes India’s latest ‘unicorn’ following $160Mn funding The start-up ecosystem in India has grown and flourished like never before… Soumyadeep SarkarJuly 31, 20212 minute read
Business News Startups Oyo in talks to raise strategic investment from tech giant Microsoft: Report Hospitality firm Oyo is currently in talks to raise a strategic round… Manasi VarmaJuly 30, 20212 minute read
Apps Business News Spotify sees 627% growth in podcast revenue in Q2, music streaming takes a back seat The earnings report for music and podcast streaming platform Spotify is in,… Manasi VarmaJuly 29, 20213 minute read
Business News Facebook beats earnings expectations with revenue of $29.08Bn in Q2 Social media giant Facebook Inc. has revealed its revenue statement for the… Manasi VarmaJuly 29, 20212 minute read
Apps Business News Twitter continues acquistion spree, “acqui-hires” subscription news aggregator ‘Brief’ The acqui-hiring scenario is getting more and more steam these days, with… Manasi VarmaJuly 28, 20213 minute read
Business News Microsoft reports strong Q4 2021 results, exceeds expectations with revenue of $46.2 billion The pandemic continues to be a boon for tech companies across the… Soumyadeep SarkarJuly 28, 20212 minute read
Business News Apple’s Q3 results exceed all expectations with $81.4 billion in revenue spearheaded by iPhone sales Apple is reaching new heights as the pandemic continues to highlight the… Soumyadeep SarkarJuly 28, 20212 minute read
Business News Alphabet releases Q2 results, revenue hits $61.9Bn, Google sees record growth On Tuesday, Google parent Alphabet Inc. released its performance and revenue statement… Manasi VarmaJuly 28, 20212 minute read
Business News Startups Unacademy acquires Live Game Streaming platform Rheo TV On Monday, learning platform Unacademy acquired Rheo TV, a platform that helps… Soumyadeep SarkarJuly 27, 20212 minute read
Business News Startups Social Network ShareChat’s valuation reaches $2.88Bn in new $145Mn Series F fundraiser ShareChat, the content-sharing and social media service has just raised $145 million… Manasi VarmaJuly 27, 20212 minute read
Business News Tesla quarterly revenue crosses $1 billion for the first time; Semi truck launch pushed back to 2022 Luxury electric car-maker Tesla Inc. has revealed its revenue for the second… Manasi VarmaJuly 27, 20213 minute read
Business News Startups Fashion e-retailer Nykaa converts into a public company ahead of IPO The Zomato IPO is on its way to becoming a legendary tale… Soumyadeep SarkarJuly 26, 20212 minute read
Business News Startups Byju’s continues acquisition spree, buys up ‘Great Learning’ and ‘Toppr’ Edtech platform Byju’s is already the biggest and most valuable startup in… Manasi VarmaJuly 26, 20212 minute read