Business News Startups Zomato reports first financials post IPO, quarterly losses widen to ₹356 crore, revenue up by 217% to ₹844 crore When one puts “Zomato” and “2021” in the same sentence, the first… Soumyadeep SarkarAugust 11, 20213 minute read
Business News Startups India based app development studio Robosoft to be acquired by Japan’s TechnoPro for $108Mn Over the last year, businesses have been pushed to either go online… Soumyadeep SarkarAugust 10, 20212 minute read
Business News Amazon’s largest seller in India, ‘Cloudtail’ to cease operations following CCI probe in e-commerce firms It seems that the pressure created on Amazon is having its effects.… Soumyadeep SarkarAugust 10, 20212 minute read
Business Culture & Policy News SC dismissed Amazon, Flipkart’s pleas of halting CCI probe The fact that nobody, even leaders of the e-commerce sector, is above… Soumyadeep SarkarAugust 9, 20212 minute read
Business Internet News Amazon rolls out ‘Whole Foods’ like grocery pickup from ‘More’ stores in Bengaluru The digital sector has grown by leaps and bounds during this past… Soumyadeep SarkarAugust 9, 20212 minute read
Business Electric News Swiggy and Reliance team up to roll out electric vehicles for delivery fleet People are aware of the necessity of clean energy, more so in… Soumyadeep SarkarAugust 5, 20212 minute read
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
