Big boost to Byju’s, big blow for edtech
Online education startup Byju’s raised $500 million from a group of investors, including private equity firm Silver Lake Partners, sending the valuation…
IL&FS completes stake sale in education business, cuts consolidated debt by Rs 650 crore
The sale was completed pursuant to the approval granted by the National Company Law Tribunal’s principal bench through its order…
SC directs Mahagun to deposit Rs 240 crore by March for plot sold by Amrapali
During the hearing, the counsel appearing for NOIDA opposed the proposal of Mahagun that it be allowed to mortgage the…
After Cutting Ties With Zomato, TechEagle Set For Drone Delivery In Ethiopia
Gurugram-based drone startup TechEagle Innovations will begin drone delivery of healthcare and other essential items in Ethiopia by partnering with…
Nexus-Backed Hasura Raises $25 Mn In Series B Funding From Lightspeed, Others
The funding was led by Lightspeed Venture Partners, Vertex Ventures US, Nexus Venture Partners, Strive VC and SAP.iO Fund The…
Finmin clarification: ‘We haven’t delayed payments of Rs 7 lakh crore’
As on March 31, 2020, state discoms had owed Rs 91,860 crore to power generating companies; the dues increased to…
UiPath sees 20% YoY growth in India since February on increased demand
UiPath provides robotic process automation (RPA) technology which involves use of software robots (bots) to automate business processes that are…
Kamath panel framework better than CDR, but may just postpone recognition of stress: Analysts
The Reserve Bank of India (RBI) has operationalised the guidelines from Tuesday, which give relief to 26 listed sectors affected…
StartupXseed Announces First Close Of INR 200 Cr Fund To Back Deeptech Startups
StartupXseed Ventures is looking to increase the corpus to INR 200 Cr over the next 6-9 months. It will focus…
SBI Plans To Hire 14,000 Staff, Says VRS Is Not Cost-Cutting Exercise
The State Bank of India on Monday said it proposes to recruit 14,000 employees during the current year and its…