Consumer
WestBridge-backed Adda247 acquires CA-prep firm
Delhi NCR-headquartered edtech startup Adda247, which is backed by institutional investors such as WestBridge Capital, Google, Info Edge, Konark Group ......
TMT
Why Kuku FM is focusing on foreign markets, fiction and English content
Kuku FM, an audio entertainment platform backed by investors such as Google and Nandan Nilekani’s Fundamentum Partnership, is expanding its ......
TMT
Google, Amazon, Apple lobby group opposes India's EU-like antitrust proposal
A U.S. lobby group representing tech giants Google, Amazon and Apple has asked India to rethink its proposed EU-like competition ......
TMT
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 ......
TMT
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 ......
General
Grapevine: Mizuho, NBD Emirates eye Avendus; Zepto turns to PEs after Flipkart stalemate
Japan’s Mizuho Bank and Dubai’s NBD Emirates are in advanced talks to acquire KKR’s stake in Avendus Capital, with bids expected in 2-3 weeks, a ......
TMT
ShareChat snags $49 mn from Temasek, others to step up monetisation plans
Google-backed short video platform ShareChat said Monday said it has $49 million (about Rs 409 crore) by issuing convertible debentures to ......
TMT
Indian startups ask antitrust body to order Google to restore apps
A group representing Indian startups has asked the country's antitrust watchdog to order Alphabet Inc's Google to reinstate apps it ......
Finance
WestBridge-backed Adda247 doubles revenue in FY23, eyes IPO in 2-3 yrs
Edtech startup Adda247 on Friday said it has more than doubled its revenue in the financial year that ended March 2023 as compared ......
TMT
Reliance-backed Dunzo defers June, July salaries again
Dunzo Digital Pvt Ltd, the Reliance Industries- and Google-backed quick commerce startup, has pushed pending employee salary payments of June ......