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Latest Articles in startup
Govt Likely To Sell Subsidised Tomato On ONDC At Rs70/kg
The selling of tomatoes on ONDC is likely to start in Delhi NCR before spreading to other cities. Quick commerce startups such as Zepto, Blinkit, and Swiggy Instamart sell tomatoes for up to Rs 170/kg
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Indian Startups Shaping Future With Immersive Technologies
By fostering an ecosystem that supports scaling efforts, including government policies that encourage innovation and infrastructure development, Indian startups can thrive and compete globally in the Web3 space
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Microsoft, Nvidia Lead $1.3 Bn Funding Round For Inflection AI
This significant investment, consisting of a combination of cash and cloud credit, has positioned Inflection AI's valuation at USD 4 billion
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Bjyu's Yet To Receive Entire Rs2,000cr Form Davidson Kempner: Report
Byju's suffered a double blow last week when its auditor, Deloitte Haskins & Sells, and three key board members resigned
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Only Three Startups Make It To Unicorns Club In 2023: Report
According to the report, 18 companies were eliminated from the list last year, but there were also over 40 new additions
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Byju's To File FY22 Financial Statement In September
The edtech has set a deadline for its FY22 financials, just days after Byju's statutory auditor, Deloitte Haskins, quit citing delays, prompting the edtech giant to choose BDO (MSKA & Associates) on Thursday
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PhonePe Rolls Out Lending Service For Merchant
The news comes only months after the much-touted transaction between the fintech behemoth and buy-now-pay-later (BNPL) platform ZestMoney fell through
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Byju's In Talks With Resigned Board Members: Report
The investors' collective decision to resign was motivated by a lack of communication from Byju's founder and top management
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Ministry Of Corporate Affairs Orders Inspection Against Edtech Major Byju's: Report
The edtech giant posted a loss of Rs 4,564.38 crore in FY21, which was higher than the loss of Rs 305.5 crore in FY20
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Tata's Nelco Acquires Over 9% Stake In Mumbai-based Piscis Networks
Customers in a number of industries, including aviation and maritime, rely on Nelco for satellite communications and network services
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Apple Acquires AR Headset Startup Mira In Strategic Move
The acquisition follows hot on the heels of Apple's recent unveiling of its highly anticipated Vision Pro headset
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Byju's Loan Repayment: Investors Set Deadline For $40mn Loan
The loan, which hit a record low of 64.5 cents on the dollar in September, is now trading at roughly 78 cents. The company missed deadlines for filing financial statements for the fiscal year ending March 31, being raided by ED
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Walmart's Stake In Digital Payments Platform PhonePe Drops To 85%
Walmart also contributed USD 200 million to the fintech's current investment in March. The funds are being raised at a USD 12 billion pre-money valuation
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Ola Founder Bhavish Aggarwal Likely To Launch New AI Startup
Krishnamurthy is the director on the boards of all of the new firm. Aggarwal may have gotten an investment for this new AI company from Matrix Partners
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Newtrance Raises Over $5mn In Seed Round
The company is looking to expand its solution into providing technology for long-term storage and conversion of green hydrogen and ammonia
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