Indian social network ShareChat on July 27 said its parent has raised $145 million led by Temasek, valuing it at $2.88 billion, above the $2 billion it had been valued at in April. Mohalla Tech, which runs ShareChat and short video app Moj, also raised money from Koren asset manager Mirae and Moore Strategic […]
Digital learning platform Byju’s has acquired education platform Great Learning and after-school learning app Toppr. Byju’s has spent $600 million to accumulate Great Learning while $150 million are spent on acquiring Toppr, consistent with media reports and regulatory filings. the event has come but every week after it acquired the US-based online reading platform for youngsters , Epic for $500 million. In April this year, […]
Byju’s most valuable Indian internet company, on July 26 said it had acquired the great learning platform for $ 600 million and it would invest $ 400 million more in this segment, because it was seen expanding education services globally throughout the category. This acquisition is the final step by […]
Weak global cues pushed the benchmark index in red in the last hour of the session on July 26. Sensex closed 123 points lower at 52,852, while nifty fell 31 points at 15,824. China and Hong Kong shared to their lowest this year, as investors are concerned about billing government […]
New Delhi: Tesla Inc. is likely to set up a factory in India if it works with import vehicles, Elon Musk’s executive chief said on Twitter, after the company wrote to the Ministry of India who sought a large reduction in import duties, according to two sources with knowledge of […]
The Indian stock exchange is predicted to open within the green because the Nifty futures were trading around 15,736 level on the Singaporean Exchange, up 125 points. The BSE Sensex was down 354.89 points at 52,198.51, while the Nifty50 fell 120.30 points to fifteen ,632.10 and formed bearish candle on the daily charts because the closing was less than opening levels. According to […]
Washington: Tesla founder Elon Musk said Wednesday he personally has invested in bitcoin and other cryptocurrencies but that he doesn’t manipulate or “dump” the digital currencies. In a wide-ranging online discussion that included Twitter and Square founder Jack Dorsey, Musk said he believes in cryptocurrencies as how to “increase the facility of the individual in reference to government,” which he has invested […]
Jeff Bezos, the world’s richest man, has thanked his employees and customers for ‘paying’ for his trip to space. The Amazon CEO successfully completed an 11-minute ride to the cusp of space on Tuesday aboard a rocket built by his company Blue Origin. After his historic space flight, Mr Bezos, wearing a […]
Byju’s, India’s most valued internet company, said on July 21 it’s acquired US-based reading platform Epic for $500 million, continuing its spree of huge acquisitions to expand its education services beyond the Indian market and across categories. Epic is made on a set of over 40,000 popular, high-quality books from 250 of the world’s best publishers. Its recommendations […]
In an ambitious effort to provide “Housing for all” by 2022, the Indian Government under the leadership and auspices of Hon. Prime Minister, Narendra Modi, launched the Pradhan Mantri Awas Yojana scheme on 1 June, 2015. Under the scheme, millions of urban poor are eligible for residences all over India. […]
