TMT

TMT

24 May, 2024

Google to invest $350 mn in Flipkart at $37 bn valuation

Alphabet's Google will pick up a minority stake worth $350 million in Walmart-backed Flipkart, valuing the Indian e-commerce firm at ......

Premium

TMT

24 May, 2024

Deals Digest: KKR, Google ink key transactions but total volumes fall this week

The number of Indian companies that raised funding from private equity and venture capital investors declined this week although tech ......

TMT

24 May, 2024

MENA Digest: Egyptian startup OneOrder, Saudi SaaS firm Merit lead funding

Dealmaking in the Middle East and North Africa region during the week was propelled by high-value, growth-stage fundraises by tech-led ......

TMT

24 May, 2024

Microsoft's UAE deal could transfer key US chips and AI technology abroad

Microsoft President Brad Smith said the tech company's high profile deal with the United Arab Emirates-backed AI firm G42 could ......

TMT

24 May, 2024

Portl, ProsParity, Freshleaf grab early-stage funding

Fitness and wellbeing technology startup Portl, fintech startup ProsParity and homegrown tea brand Freshleaf secured early-stage funding, the companies said. ......

TMT

22 May, 2024

Oyo makes U-turn on IPO plans again, Ixigo gets SEBI nod to list

Softbank-backed Oyo, operated by Oravel Stays Ltd, has withdrawn its preliminary IPO documents again, causing delay in its plans to ......

Premium

TMT

22 May, 2024

Adenia Partners exits decade-old portfolio bet in secondary deal

Mauritius-based private equity firm Adenia Partners, which focuses on mid-sized businesses across Africa, and raised $470 million for its fifth ......

TMT

22 May, 2024

Elevation Capital, Axilor and YCombinator tap into three tech startups

Software-as-a-service (SaaS) startup UnifyApps, deeptech startup NoPo Nanotechnologies and edtech startup SuperKalam secured early-stage funding, the companies said on Wednesday. UnifyApps UnifyApps ......

Finance

22 May, 2024

Paytm slides deeper into losses after RBI order, warns of more downside

Paytm posted a wider loss in the fourth quarter on Wednesday and warned of further financial impact in the current ......

TMT

22 May, 2024

Byju Raveendran's brother Riju held in contempt by US court

A US court on Tuesday held Riju Ravindran, brother of Byju Raveendran, in contempt of court for failing to “disclose ......