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Byju's FY22 loss widens to over $1 bn even as revenue more than doubles

TMT

23 January, 2024

Byju's FY22 loss widens to over $1 bn even as revenue more than doubles

Think & Learn Pvt. Ltd, the company that operates edtech platform Byju’s, posted a wider loss for the financial year ......

Lightspeed names former Godrej, Gojek execs as venture partners

People

23 January, 2024

Lightspeed names former Godrej, Gojek execs as venture partners

Lightspeed Venture Partners, an investor in unicorns such as Oyo, Udaan, ShareChat, Innovacer, Byju’s, and Razorpay ......

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Bottomline: PE-backed IBS Software accelerates growth amid travel boom

TMT

23 January, 2024

Bottomline: PE-backed IBS Software accelerates growth amid travel boom

IBS Software Pvt. Ltd, a provider of software products and services to aviation and hospitality companies, has ......

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Grapevine: Bharti may sell life insurance unit; Captain Fresh seeks funding

General

23 January, 2024

Grapevine: Bharti may sell life insurance unit; Captain Fresh seeks funding

Billionaire Sunil Mittal-led Bharti Group is in advanced negotiations with SBI Life and other insurers to divest its ......

IFC appoints former Jordanian minister as South Asia regional director

Finance

22 January, 2024

IFC appoints former Jordanian minister as South Asia regional director

International Finance Corporation (IFC), the private-sector investment arm of the World Bank Group, has appointed a ......

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Temasek-backed StarAgri's co-founder on revenue targets, overseas plans and more

Consumer

22 January, 2024

Temasek-backed StarAgri's co-founder on revenue targets, overseas plans and more

Temasek-backed farm warehousing company StarAgri managed to ride the COVID storm with the help of technology-based ......

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Grapevine: JM veteran may head Axis Capital; Venture Highway on M&A radar

General

22 January, 2024

Grapevine: JM veteran may head Axis Capital; Venture Highway on M&A radar

Investment banking firm Axis Capital may soon have a new managing director and chief executive officer with a long-time ......

SoftBank-backed edtech firm Eruditus narrows FY23 losses as revenue jumps

TMT

22 January, 2024

SoftBank-backed edtech firm Eruditus narrows FY23 losses as revenue jumps

SoftBank-backed edtech firm Eruditus narrowed its losses in the financial year ended June 2023 while its revenue jumped......

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Bottomline: InvAscent-backed Symbiotec has struggled to break out; will FY25 be different?

Healthcare

19 January, 2024

Bottomline: InvAscent-backed Symbiotec has struggled to break out; will FY25 be different?

Homegrown corticosteroid and hormones API-maker Symbiotec Lifesciences Pvt. Ltd’s revenue and profitability took a hit......

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Grapevine: Sony, Zee to hold board meet for India merger; Nobel Hygiene looking to sell stake

General

19 January, 2024

Grapevine: Sony, Zee to hold board meet for India merger; Nobel Hygiene looking to sell stake

Sony Group is set to convene a board meeting on Friday to deliberate on the $10-billion merger of its India ......

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