Byju’s has raised $800 million from Sumeru Ventures, Vitruvian Partners, and BlackRock, as the world’s most valuable edtech company focuses on expanding its business in global markets and explores to do more acquisitions. Byju Raveendran, founder and CEO of Byju’s, which has 150 million learners globally, is also part of this fund-raise and has made … Read more
Sachin Bansal-led Navi Technologies has filed draft papers for an initial public offering (IPO) with Sebi. The IPO comprises of fresh equity issue of up to ₹3,350 crore, according to the draft offer document. Sachin Bansal’s Navi Technologies is a technology-driven financial products and services company in India focusing on the digitally connected young middle-class … Read more
Colgate Palmolive India (CPI) has informed the following top management changes – The current CEO and MD, Mr. Ram Raghavan has been promoted as President, Enterprise Oral Care, for Colgate Palmolive Company, the parent Company of CPI and will be based out of its headquarter at New York. In place of Ram, CPI has hired … Read more
President Joe Biden has signed an executive order on government oversight of cryptocurrency that urges the Federal Reserve to explore whether the central bank should create its own digital currency United States (U.S.) President Joe Biden on Wednesday signed an executive order on government oversight of cryptocurrency that urges the Federal Reserve to explore whether … Read more
Apple Inc on Tuesday announced a range of new products at its first event of 2022, including a low-cost iPhone SE with 5G network and M1-chip powered iPad Air. The American technology giant also introduced the M1 Ultra, a new addition in the M1 chip line-up. It is a high-performance chip, which will power its … Read more
Warren Buffett is back among the richest five people in the world amid steep drops in tech stocks that are eroding the wealth of Silicon Valley executives. Buffett’s fortune has grown 7.2% this year to $116.7 billion as shares of his Berkshire Hathaway Inc. have rallied, putting him in fifth place on the Bloomberg Billionaires … Read more
Info Edge has invested Rs 91 crore into Aisle Network Private Limited. Key points to note – Aisle, founded in January 2014 is engaged in the business of running multiple dating platforms – Aisle, Anbe, Arike and HeyDil. Info Edge is investing the said amount into Equity shares (primary and secondary) and Compulsorily Convertible Preference … Read more