Dream11 Raises Rs. 1600 Crore At $2.5 Billion Valuation
A week before the IPL is to begin, its new title sponsor has managed to raise a tidy sum of money. Dream11, which…
Category: Startups
Silicon Valley Companies Are Introducing Pay Cuts For Employees Who Choose To Work Remotely From Smaller Cities And Towns
When tech workers had first realized that remote work was going to be the new normal, the possibilities had seemed endless — it…
Reliance Could Sell Up To 40% Of Stake In Retail Arm To Amazon, Stock Jumps 7%
At this point, Reliance isn’t just India’s premier telecom and retail company. It now seems to be positioning itself to become the gateway…
Govt Looking To Create Online Delivery Platform For Street Food Vendors: PM Modi
India’s food-tech sector has been routed by the coronavirus — nearly 10 percent of restaurants have already shut down, and another 30 percent…
Netflix CEO Reed Hastings Calls Remote Work “A Pure Negative”, Says People Will Return To Offices After Lockdown
All manner of companies and startups have been embracing the remote work concept that was necessitated by the coronavirus lockdowns — tech giants…
Softbank Was The “Nasdaq Whale” That Caused Rally In US Tech Stocks By Buying Options: Report
Softbank has often been thought of responsible for pumping up the valuations of Indian startups — by buying up large stakes in companies…
Paytm’s Losses Narrow 37% In FY19, Revenue Rises By 1.4%
Indian startups are beginning to rein in their losses, which had been spiraling out of control for the longest time. Paytm has narrowed…
Zoom’s Revenue Rises An Astonishing 355% Over Last Year, CEO’s Wealth Rises By $4.2 Billion As Stock Spikes
The coronavirus hasn’t come as good news for most companies — theatres, ride hailing startups, and events companies are all suffering. But the…
Unacademy Raises $150 Million From Softbank At $1.45 Billion Valuation, Enters Unicorn Club
The coronavirus lockdown has devastated several different kinds of businesses — the hospitality sector, theatres, and events companies have all been hard hit….