Browsing Category

Business

3180 posts

OYO raises $660 million debt fund to clear past debts and strengthen balance sheet

Hospitality and hotel aggregation platform OYO Hotels and Homes, on Friday, revealed…
Netflix

Netflix will diversify into video games, hires former FB exec as VP of Game Development

Netflix, the biggest video streaming service in the world, is now planning…
Quick-commerce firms accused of predatory pricing

Blockbuster opening for Zomato IPO, shares oversubscribed by 5% on day 1 of bidding

Zomato is one of the biggest startups to emerge from India, and…
Zomato

Zomato raises $562.3 million from anchor investors ahead of IPO

Home-grown food delivery startup Zomato is gearing up for its Initial Public…
PC

Global PC market continues to grow in 2nd quarter of 2021, Lenovo takes the lead

Even though COVID 19 cases are going down around the world, the…
Elon Musk SpaceX

SpaceX could partner with Indian companies for satcom equipment amid Starlink’s possible India debut in 2022

SpaceX has been had at work for the past few years, sending…
Ola

Ola raises $100Mn in debt for its electric business as EV factory nears completion

A few days ago, home-grown ride hailing startup Ola announced that the…
mobikwik

Mobikwik planning a $255Mn raise through IPO amid India’s incoming tech IPO boom

MobiKwik, the payments platform from India, is looking to test the waters…
Paytm logo on a tent roof

President Amit Nayyar and four other top execs quit Paytm ahead of upcoming IPO: Report

Fintech and online payments platform Paytm has been gearing up for its…
Zomato

Zomato IPO opens next week, priced at ₹72-76 per share

Zomato, one of the biggest companies to emerge from India’s burgeoning startup…
PhonePe brings ChatGPT to Indian fintech

PhonePe further widens gap with GPay, owns 46% market share of UPI in June

UPI payments have been becoming increasingly popular in India over the past…
Payu

PayU in talks to acquire BillDesk in what might be the second-largest Indian internet-based acquisition to date: Report

One of the largest acquisitions in the internet-based solutions segment may be…

Swedish firm MTG acquires PlaySimple, operator of 9 word games, for $360Mn

People have been stuck in their homes for over an year now,…

Didi Chuxing raises $4.4 billion in biggest Chinese IPO in the US since 2014

In April, we had reported that Didi Chuxing, Uber’s Chinese counterpart and…
Jio and SpaceX to bring Starlink to India.

Reliance Jio and NXP Semiconductors collaborate on 5G hardware for upcoming Jio Phones

After joining forces with Google for the software side of its new…
Surge

Sequoia Capital’s largest cohort to date for Surge includes 23 start-ups

The fifth (and largest) cohort of venture capital firm Sequoia Capital India’s…

Zomato reportedly invests $120Mn in Grofers, valuation soars past $1Bn

Both Zomato and Grofers have ridden through the tough times of 2020,…

Leading language-learning app Duolingo files for IPO

With the onset of the pandemic, the shift to online education has…

Etsy acquires Brazilian competitor El07 for $217Mn

Etsy, the popular online marketplace focused around creative products, has acquired El07,…