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Faction of Investor seeks CEO BYJU Raveendran’s removal amid ongoing investigations-thumnail

Faction of Investor seeks CEO BYJU Raveendran’s removal amid ongoing investigations

BYJU’S The well-known ed-tech startup. Is currently facing a period of uncertainty due to demands from investors for the removal of its founder and CEO. Byju Raveendran.

News

Jul 6, 2023

Battery Smart has raised $33 million in funding from Tiger Global, Blume Ventures, and others-thumnail

Battery Smart has raised $33 million in funding from Tiger Global, Blume Ventures, and others

In a pre-Series B investment round, Battery Smart has secured $33 million. The startup’s existing backers Tiger Global and Blume Ventures, as well as new investors The Ecosystem Integrity Fund (EIF) and British International Investment (BII), participated in the round.

Investment & Funding

Jul 6, 2023

Pankaj Goel of Razorpay has been appointed as the new CTO of BharatPe-thumnail

Pankaj Goel of Razorpay has been appointed as the new CTO of BharatPe

Since 2022, the fintech business BharatPe has been embroiled in a series of issues. Several C-suite executives have left the organization. Pankaj Goel has been appointed as the company’s new Chief Technology Officer by fintech upstart BharatPe.

Business

Jul 6, 2023

Swiggy pilot testing Co-branded credit card with HDFC Bank & Mastercard-thumnail

Swiggy pilot testing Co-branded credit card with HDFC Bank & Mastercard

Swiggy, a popular food delive­ry platform, is reportedly partnering with HDFC Bank to launch its own co-brande­d credit card. This move follows the footste­ps of other major Indian e-commerce­ players.

Business

Jul 5, 2023

HealthifyMe will launch an online store this quarter, with CEO Tushar Vashisht ruling out an IPO in the near future-thumnail

HealthifyMe will launch an online store this quarter, with CEO Tushar Vashisht ruling out an IPO in the near future

Tushar Vashist, the creator and CEO of HealthifyMe, spoke with Mint about the company’s IPO prospectus, AI-based nutritionist Ria, future expansions, and his forthcoming musical event.

E-Commerce

Jul 4, 2023

Rebel Foods; is a cloud kitchen startup planning to enter the Saudi Arabia market-thumnail

Rebel Foods; is a cloud kitchen startup planning to enter the Saudi Arabia market

In its relentless pursuit of greatness, Rebel Foods aspires to construct a formidable $100 Mn food delivery empire within the Saudi market over the next three years. As part of this ambitious strategy, the company plans to inaugurate an additional 60 stores in Riyadh alone, while simultaneously expanding its footprint to encompass other prominent cities such as Jeddah, Dammam, and Khobar.

Business

Jul 3, 2023

Study abroad platform Leverage Edu secures $40 million in series C funding round-thumnail

Study abroad platform Leverage Edu secures $40 million in series C funding round

Founded in 2017 by Akshay Chaturvedi, Leverage Edu has established itself as a technology-driven counseling platform offering students a comprehensive one-stop dashboard to navigate their study abroad journey.

Investment & Funding

Jul 3, 2023

Reimagining purpose and growth with social entrepreneurship-thumnail

Reimagining purpose and growth with social entrepreneurship

A method that is beneficial for society, culture along with the sustainability of the environment is often embraced by companies and individuals. Through the idea of social entrepreneurship, these groups

Entrepreneurship

Jul 1, 2023

Launching a $50 million fund to support entrepreneurs using AI is Good Capital-thumnail

Launching a $50 million fund to support entrepreneurs using AI is Good Capital

Good Capital, a seed-stage, India-focused venture capital firm, on Friday, unveiled a new $50 million fund to support founders who are utilizing Artificial Intelligence for marketing, customer service, or business operations.

Artificial Intelligence

Jun 30, 2023

Upgrad in talks to acquire US-based ed-tech company Udacity at around $100 mn valuation-thumnail

Upgrad in talks to acquire US-based ed-tech company Udacity at around $100 mn valuation

Upgrad has already made ten acquisitions, including Wolves India and Rekrut India, within the span of two years (2020-2022). The company raised $36.4 million through a rights issue in March 2023 from investors like Temasek and Screwvala. In June 2022, Upgrad secured $225 million in a new funding round, valuing the company at $2.25 billion. 

News

Jun 30, 2023

TalentSprint, which is owned by the NSE Academy, earns Rs 100 crore in income in FY23-thumnail

TalentSprint, which is owned by the NSE Academy, earns Rs 100 crore in income in FY23

TalentSprint, an ed-tech startup, was bought in November 2020 by NSE Academy, a wholly-owned subsidiary of the National Stock Exchange. Since the acquisition, the Hyderabad-based company has performed admirably, surpassing the Rs 100 crore revenue mark in FY23.

Business

Jun 29, 2023

Digitization is pivotal for entrepreneurship and innovation-thumnail

Digitization is pivotal for entrepreneurship and innovation

Today, entrepreneurship is reshaping its definition to cater to the digitization shift of the economy. The rules for a preconceived blueprint for growth have changed in modern times and business

Entrepreneurship

Jun 29, 2023


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