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 […]
Byju’s Acquires Education Platform Great Learning For $600 Million
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, […]
Why Byju’s is betting big on the upskilling space
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 […]
Global cues weigh on Sensex, what should investors do on Tuesday?
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 […]
Reliance Industries Q1 results: Profit after tax jumps 67% YoY to Rs 13,806 crore, revenue comes in at Rs 1.44 lakh crore
The largest company in India by market capitalization, Reliance Industries (RIL) on July 23 reported a June quarter profit at RS 13,806 Crore, up 66.7 percent year-on-year (yoy), with normalized tax conditions. The income of oil-to-telecommunications conglomerate reaches Rs 1.44 lakh crore. However, numbers based on sequential impacts due to […]
Situations Where You Should Refrain from Raising A Car Insurance Claim
Having a car insurance policy can help you stay up to date with regulatory compliances as well as stay protected against the damages to your car. Depending on the type of car insurance purchased, these coverage shall be available to you. But there are quite a few situations where you […]
India central bank plans digital Rupee rollout
India plans to implement the country’s digital currency in the phase, Reserves of Bank Deputy Governor of India Shri T Rabbi Sankar said at a webinar organized by Vidhi’s Law Center, New Delhi. CBDC (central bank digital currency) will be in the warehouse mostly if not all central banks in […]
Zomato IPO listing: ‘Retail investors gained, but Info Edge and founder Deepinder Goyal made a fortune’
Zomato IPO scels listings are here and investors who receive shares during the rationing process have recorded more than 50% on problem prices. The IPO has crossed the market capitalization of RS 1 Lakh Crore on the day of his listing and moves before the shares of major financial services […]
Top 10 things to know before the market opens
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 […]