SoftBank, the Japanese conglomerate and major investor in numerous tech ventures, is reportedly in the process of divesting a portion of its stake in Zomato, the popular food delivery company based in India. This significant financial move, valued at over Rs 1,000 crore, has garnered attention in the business world and underscores SoftBank’s financial strategy. …
Tata Motors Invests in Freight Tiger Acquires 26.79% Stake in Logistics SaaS Platform In a strategic move aimed at bolstering its presence in the logistics and supply chain management sector, Tata Motors has entered into a definitive agreement to acquire a 26.79% stake in Freight Tiger, a prominent logistics SaaS (Software as a Service) platform. …
Ashwini Vaishnaw Praises Google’s Investment in India and Reflects on Technological Progress Ashwini Vaishnaw, India’s Minister of Electronics and Information Technology, recently expressed his support for Google’s decision to manufacture the Pixel 8 smartphone in India, highlighting the positive impact it will have on the country’s economy. In a candid conversation, Vaishnaw also revealed his …
Udaan in Talks with M&G Prudential for Equity Round, Valuation Expected to Dip Below $2 Billion Udaan, the Indian B2B e-commerce platform, is currently in discussions with UK-based savings and investment firm M&G Prudential to spearhead an upcoming equity round. The fresh investment, estimated to range from $100 million to $150 million, is anticipated to …
Byju’s The EdTech Giant’s Growth and Challenges Byju’s, the renowned EdTech giant that revolutionized education in India, has experienced a tumultuous journey marked by remarkable growth and significant challenges. The company’s initial growth was propelled by an aggressive marketing strategy that helped it capture a substantial market share. However, this rapid expansion came at a …