At a time when the Covid-19 pandemic has impacted the lives and livelihoods of millions of people and companies around the world, Raj Nayak’s House of Cheer has announced it is making available one of its services, tech-enabled Employee Voice 24/7 platform, to small, medium and large companies, free of cost for six months. Launched … Read more
Poparazzi topped the free apps chart on the Apple’s US App Store after debuting on Monday. Venture capitalists have been buzzing about the app that could challenge Instagram and Snapchat. Here’s how the new platform that bans selfies and filters works. See more stories on Insider’s business page. A photo-sharing app that bans selfies launched … Read more
The Bengaluru-based company now offers direct investments in mutual funds, stocks, initial public offerings, digital gold, and exchange traded funds. It is backed by fintech investor Ribbit Capital, YC Continuity Fund, and Propel Ventures, apart from Tiger Global and Sequoia. The company has raised more than $142 million from investors, of which $113 million came … Read more
International Financial Service Centre (IFSC), a global special economic zone at GIFT City Gujarat, has seen a record surge in the number of corporates eager to do business in the region that offers competitive incentives. It has added as much as 37 business units since October in several segments covering the capital market which includes … Read more
DUBAI, UAE, April 26, 2021 /PRNewswire/ — StashAway is raising $25 million USD in its Series D funding round led by Sequoia Capital India, one of the region’s leading venture capital firms. StashAway’s existing investors, Eight Roads Ventures, the global investment firm backed by Fidelity International and early investor in Alibaba; and Square Peg, the largest venture capital fund in Australia, also participated in the round. The … Read more
The company has the money to spend, ending its 2020 fiscal year with $136 billion cash on hand after the pandemic forced a shift to remote work and led to a boom in Microsoft’s cloud and productivity software. Experts say that with its surging market cap of near $2 trillion – and its leading rivals … Read more
The fairytale success of Lijjat Papad — a multi-million-dollar venture founded by seven women in a crowded Mumbai tenement in 1959 with seed capital of 80 rupees ($1.10) — belies its revolutionary feminist aspirations. The cooperative employs 45,000 women across India, offering them a job for life as “co-owners” of the enterprise, whose wafer-thin snacks … Read more
Microsoft is said to be in exclusive talks to acquire online group chat platform Discord for $10 billion or more, in a deal that could be announced as soon as April. The company has yet to confirm a pending deal, but recent comments from executives help shed light on why exactly Microsoft might want to … Read more
Roblox, the gaming platform that soared to 32.6 million daily users, is going public this Wednesday. In 2020, the company paid out more than $328.74 million to Roblox game developers. Roblox games are built by independent developers – helping some teens pay for college. Read more on the Insider homepage. The wildly popular gaming platform … Read more