Article on May 29, 2020
Swiflearn Raises Seed Funding From Stellaris Venture And Others
Founded in 2019, by Abhinav Agarwal and Anand Bakode the e-learning startup wishes to boost it’s expansion with the current financing.
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COVID-19 Impact: BookMyShow Trims Business, 270 Hit By Layoffs & Furloughs
Out of 1,450 representatives at BookMyShow in India and all around, nearly 270 workers across different capacities and groups will be affected through this activity.
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As Customers Go Vocal For Local, Indian Brands Step Up Safety Initiatives At Store And Delivery Touch Points
Chai Point has tied up with Dunzo and ShadowFax for delivering Chai and their range of food.
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Paytm Mall In Talks For Grofers Stake As SoftBank Pushes For Consolidation
According to sources, "SoftBank needs Grofers to get Paytm Mall's money or ingest it over into Paytm given new cash will be difficult to want the organization.”
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Indostar Capital Finance Raises Rs 1,225 Crore Equity From Brookfield
With this investment, Brookfield will become a co-supporter with 24.6 percent stake, along with IndoStar Capital Mauritius having 45.2 percent holding at present.
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Former Facebook Director Anand Chandrasekaran Backs Ed-tech Startup EduRev
Founded by Kunaal Satija and Hardik Dhamija, Punjab University alumnis in 2018, EduRev is an online marketplace for educational courses hosted and sold by teachers.
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Google Looking To Buy 5% Share In Vodafone-Idea: Reports
The tech goliath had been accounted for to be in converses for purchasing a comparative stake in the telecom firm.
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Gaming Industry Worth $930 Million
The Indian gaming industry is currently valued at $930 million and has sure chances of increasing 41 per cent each year.
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TikTok Parent, ByteDance Reportedly Hits $3 Billion In Net Profit Last Year
The revenue for last year was more than double the company’s tally of about $7.4 billion in 2018.
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SoftBank To Layoff 10% Of Its Workforce After Massive Losses
The job cuts will reportedly occur across various levels of staff in its offices across London, California and Tokyo.
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