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SoftBank-backed Unacademy to lay off 12% of staff

TMT

30 March, 2023

SoftBank-backed Unacademy to lay off 12% of staff

Indian edtech startup Unacademy is laying off 12% of its workforce, citing a funding winter and pressure to turn ......

Grapevine: PhonePe shelves plan to buy ZestMoney; Viatris' API biz for sale

General

30 March, 2023

Grapevine: PhonePe shelves plan to buy ZestMoney; Viatris' API biz for sale

Walmart-owned digital payments company PhonePe has decided to call off the deal to acquire buy-now-pay-later (BNPL) ......

IndInfravit backer Omers names new Asia-Pacific head

Finance

30 March, 2023

IndInfravit backer Omers names new Asia-Pacific head

Ontario Municipal Employees Retirement System (Omers), which is one of the largest Canadian pension funds and has around......

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Upskilling platform Scaler eyes fresh funding but may miss unicorn valuation

TMT

29 March, 2023

Upskilling platform Scaler eyes fresh funding but may miss unicorn valuation

Upskilling focussed digital learning platform Scaler Academy, which is backed by the likes of bulge bracket asset ......

Former Mastercard chief Banga frontrunner to head World Bank

Finance

29 March, 2023

Former Mastercard chief Banga frontrunner to head World Bank

US Treasury Secretary Janet Yellen on Wednesday said she expected the US nominee to head the World Bank, former ......

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Yulu seeing FY24 as turnaround year, sights major expansion

TMT

29 March, 2023

Yulu seeing FY24 as turnaround year, sights major expansion

Bengaluru-based electric mobility provider, Yulu Bikes Pvt. Ltd, which has garnered interest particularly among e-......

Grapevine: Piramal, TPG set to exit Shriram General Insurance

General

29 March, 2023

Grapevine: Piramal, TPG set to exit Shriram General Insurance

Private equity firm TPG and Ajay Piramal-led Piramal Group are on the verge of selling their combined stake of about ......

RBI to raise rates once more on April 6 but leave door open for more: Poll

Economy

29 March, 2023

RBI to raise rates once more on April 6 but leave door open for more: Poll

The Reserve Bank of India will raise its main interest rate by 25 basis points on April 6 and then ......

How startups should prepare to get IP rights for their innovations

TMT

29 March, 2023

How startups should prepare to get IP rights for their innovations

In 2016, the government put in place the Scheme for Startups Intellectual Property Protection (SIPP) with an aim to ......

Accel-backed Fashinza raises fresh debt round for expansion

TMT

28 March, 2023

Accel-backed Fashinza raises fresh debt round for expansion

Gurugram-based business-to-business (B2B) marketplace Fashinza, run by Smartchain Innovation Pvt Ltd, has raised about $......

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