Robinhood Markets Inc is testing new crypto wallet and cryptocurrency transfer features for its app which would allow customers to send and receive digital currencies such as bitcoin, Bloomberg News reported on Monday. A beta version of its iPhone app showed the company’s work on such features, the report said. There was also a hidden … Read more
Facebook’s impact on a planet where nearly half the people alive use its product has reportedly become a point of contention among the company’s leadership. A meeting of Facebook leaders in early September focused on “whether Facebook has gotten too big,” and that the general tone was, “We created the machine and we can’t control … Read more
Apna.co, a professional networking platform for blue- and grey-collar workers, has entered the coveted club, or those companies with a valuation of $1 billion or more, in just 21 months, the fastest Indian startup to do so. The company said it had raised $100 million in a new financing round, led by existing investor Tiger … Read more
The intimation for the same was made by Gaurav through an email to Company employees. Zomato founder and CEO Deepinder Goyal confirmed it on twitter. Reason mentioned – “taking a new turn in life and start a new chapter” Key points to note – Gaurav had joined Zomato only 6 years ago in 2015 and … Read more
Tata Consultancy Services () is focusing on growth and transformation to expand revenue from existing clients by offering them more services, chief executive Rajesh Gopinathan told ET’s Raghu Krishnan and Bodhisatva Ganguli in an interview, as he draws up a plan for the next five years at the helm. Excerpts: TCS has an outsize influence … Read more
Ride-hailing startup Ola has selected banks including Citigroup Inc. and Kotak Mahindra Bank Ltd. to manage its Mumbai initial public offering that could raise about $1 billion, according to people familiar with the matter. The company, backed by SoftBank Group Corp. and Tiger Global Management, has also picked Morgan Stanley for the listing, said the … Read more
Freshworks Inc., one of the country’s best-known software product startups, has kickstarted the process for an initial public offering (IPO) in the United States, buoyed by a surge in customer signups and revenue in recent months. On Friday, the San Mateo-based startup, which was founded in Chennai, filed its application with the US Securities and … Read more
LegalPay, a third-party litigation funding platform, has launched an alternative investment product for retail investors. Investors can invest and diversify across a basket of cases for a minimum amount of ₹25,000. The company has created a Special Purpose Vehicle (SPV) to create a pool of 4-8 commercial cases to ensure diversification of investor’s capital to … Read more