Saritha Rai Anto Antony Bloomberg
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Byju's Struggles To Raise Latest $800 Million Funding As Investors Resist
Indian online education provider Byju's is struggling to close a funding round of $800 million as a global technology rout weighs on valuations.
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Byju’s Struggles to Close $800 Million Funding Round, as Global Technology Rout Affects Valuations
Byju’s on Monday said it was struggling to close a funding round of $800 million (roughly Rs. 6,360 crore), after investors including Sumeru Ventures and Oxshott are yet to transfer about $250 million (roughly Rs. 2,000 crore) of the targeted amount. A spokesperson for Byju’s said the delay in receiving funds from the investors was due to macro...
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Byju's, India's Most Valuable Startup, In Talks To Go Public: Report
The startup held talks with several potential SPAC partners and is farthest along in working out an agreement with Michael Klein's Churchill Capital.
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Reliance In Talks To Invest $300 Million In Google-Backed Unicorn: Report
Reliance Industries Ltd. is in talks to buy a stake in Indian mobile content provider Glance InMobi Pte, according to people familiar with the matter.
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Mukesh Ambani Gathered $27 Billion. Now He Has to Deliver
Mukesh Ambani spent much of 2020 convincing Facebook Inc., Google and a clutch of Wall Street heavyweights to buy into his vision for one of the world's most ambitious corporate transformations.
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Google In Advanced Talks To Invest $4 Billion In Jio Platforms: Report
An announcement could come as soon as the next few weeks, according to people familiar with the matter.
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World's Back Office Scrambles To Stay Online As India Locks Down Over Coronavirus
Companies in India are scrambling to ensure that the millions who staff the back offices of Wall Street banks and take on work outsourced by firms from airlines to insurers can keep going as the nation mandates increased work from home amid a spike in coronavirus cases.
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$270 Million Missing Finds Probe Into Death Of Cafe Coffee Day Founder
An investigation into Coffee Day Enterprises Ltd., initiated by its board after the death of founder V.G. Siddhartha, is likely to conclude that at least 20 billion rupees ($270 million) is missing from its accounts, according to people familiar with the matter.
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In India, Facebook and Google Chase a $1 Trillion Payments Market
Credit Suisse estimates that the Indian digital payments market will touch $1 trillion by 2023 from about $200 billion currently.
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Infosys Offers To Buy Back $2 Billion Of Shares As Vishal Sikka Quits
Dr Sikka helped boost Infosys's revenue by about 25 per cent since taking the helm three years ago.
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Foreign Media On PM Narendra Modi's 'Masterstroke' Cash Ban
Cash may no longer be king in India. The nation's nascent digital economy stands to be the biggest beneficiary from its strongest crackdown on corruption since 1978.
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Byju's Struggles To Raise Latest $800 Million Funding As Investors Resist
Indian online education provider Byju's is struggling to close a funding round of $800 million as a global technology rout weighs on valuations.
-
Byju’s Struggles to Close $800 Million Funding Round, as Global Technology Rout Affects Valuations
Byju’s on Monday said it was struggling to close a funding round of $800 million (roughly Rs. 6,360 crore), after investors including Sumeru Ventures and Oxshott are yet to transfer about $250 million (roughly Rs. 2,000 crore) of the targeted amount. A spokesperson for Byju’s said the delay in receiving funds from the investors was due to macro...
-
Byju's, India's Most Valuable Startup, In Talks To Go Public: Report
The startup held talks with several potential SPAC partners and is farthest along in working out an agreement with Michael Klein's Churchill Capital.
-
Reliance In Talks To Invest $300 Million In Google-Backed Unicorn: Report
Reliance Industries Ltd. is in talks to buy a stake in Indian mobile content provider Glance InMobi Pte, according to people familiar with the matter.
-
Mukesh Ambani Gathered $27 Billion. Now He Has to Deliver
Mukesh Ambani spent much of 2020 convincing Facebook Inc., Google and a clutch of Wall Street heavyweights to buy into his vision for one of the world's most ambitious corporate transformations.
-
Google In Advanced Talks To Invest $4 Billion In Jio Platforms: Report
An announcement could come as soon as the next few weeks, according to people familiar with the matter.
-
World's Back Office Scrambles To Stay Online As India Locks Down Over Coronavirus
Companies in India are scrambling to ensure that the millions who staff the back offices of Wall Street banks and take on work outsourced by firms from airlines to insurers can keep going as the nation mandates increased work from home amid a spike in coronavirus cases.
-
$270 Million Missing Finds Probe Into Death Of Cafe Coffee Day Founder
An investigation into Coffee Day Enterprises Ltd., initiated by its board after the death of founder V.G. Siddhartha, is likely to conclude that at least 20 billion rupees ($270 million) is missing from its accounts, according to people familiar with the matter.
-
In India, Facebook and Google Chase a $1 Trillion Payments Market
Credit Suisse estimates that the Indian digital payments market will touch $1 trillion by 2023 from about $200 billion currently.
-
Infosys Offers To Buy Back $2 Billion Of Shares As Vishal Sikka Quits
Dr Sikka helped boost Infosys's revenue by about 25 per cent since taking the helm three years ago.
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Foreign Media On PM Narendra Modi's 'Masterstroke' Cash Ban
Cash may no longer be king in India. The nation's nascent digital economy stands to be the biggest beneficiary from its strongest crackdown on corruption since 1978.
