Prosus N.V.’s (AMS:PRX) market cap surged €3.6b last week, public companies who have a lot riding on the company were rewarded

Bron: Yahoo Entertainment

Autheur: editorial-team@simplywallst.com (Simply Wall St)

Gepubliceerd op: 2024-07-14

Key Insights The considerable ownership by public companies in Prosus indicates that they collectively have a greater…

#StartupTicker – +++ DTCP +++ eCapital +++ Wefox +++ GoStudent +++ McMakler +++

Bron: Deutsche-startups.de

Autheur: Team

Gepubliceerd op: 2024-06-27

+++ #DealMonitor +++ DTCP schließt dritten Growth Fonds +++ eCapital legt fünften Fonds auf +++ Investoren planen weitere Finanzspritze für Wefox +++ Prosus wertet seine GoStudent-Bewertung massiv ab +++ So steht es derzeit um McMakler +++

Q2暴增1.5倍！騰訊大買庫藏股 今年H1回購金額逾2000億 勝過去年全年

Bron: Yahoo Entertainment

Autheur: 鉅亨網編譯陳韋廷

Gepubliceerd op: 2024-07-03

自今年初拋出千億港元庫藏股計畫後，中國網路巨頭騰訊 (00700-HK) 的股票回購力道不斷加強，最新數據顯示，騰訊在今年第二季的每個可回購日都進行回購，共出手 38 次

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Bron: [Removed]

Gepubliceerd op: 1970-01-01

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News24 | ‘Confront the most brutal facts’: New Naspers CEO on culture, comfort zones and AI

Bron: News24

Autheur: Karl Gernetzky

Gepubliceerd op: 2024-07-01

As the 46-year-old Brazilian Fabricio Bloisi takes the reins at Naspers and Prosus this week, he brings with him an entrepreneurial approach that balances optimism with “brutal facts”.

Indian ed-tech giant Byju’s faces total shutdown if insolvency proceeds, CEO says

Bron: AOL

Autheur: Aditya Kalra and Arpan Chaturvedi

Gepubliceerd op: 2024-07-19

Insolvency proceedings against ed-tech giant Byju’s, once India’s biggest startup valued at $22 billion, will likely force thousands of employees to quit and…

India ed-tech firm Byju’s founder faces reckoning as startup implodes

Bron: VOA News

Autheur: webdesk@voanews.com (Reuters)

Gepubliceerd op: 2024-07-22

NEW DELHI — Byju Raveendran, an Indian mathematics whiz who soared from teacher to startup billionaire before his education-technology company imploded this year, now faces his biggest test. The future of Raveendran’s eponymous Byju’s online coaching firm r…

India ed-tech firm Byju’s founder faces reckoning as startup implodes

Bron: CNA

Gepubliceerd op: 2024-07-22

NEW DELHI : Byju Raveendran, an Indian mathematics whiz who soared from teacher to startup billionaire before his education-technology company imploded this year, now faces his biggest test.The future of Raveendran’s eponymous Byju’s online coaching firm rest…

Byju’s fails to deposit TDS with govt since last year

Bron: BusinessLine

Autheur: BL Bengaluru Bureau

Gepubliceerd op: 2024-07-16

Byju’s embroiled in legal battles over unpaid taxes, insolvency proceedings, and investor disputes, facing financial turmoil.

Tribunal admits BCCI’s insolvency plea against Byju’s; edtech to seek out-of-court deal

Bron: BusinessLine

Autheur: Jyoti Banthia

Gepubliceerd op: 2024-07-16

NCLT admits BCCI’s petition against Byju’s, appoints interim resolution professional, freezing debts and assets under insolvency proceedings.

Prosus (OTCMKTS:PROSF) Sees Significant Increase in Short Interest

Bron: ETF Daily News

Autheur: MarketBeat News

Gepubliceerd op: 2024-07-15

Prosus (OTCMKTS:PROSF – Get Free Report) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totalling 788,600 shares, a growth of 30.9% from the June 15th total of 602,600 shares. Based on an average tradi…

Analyzing Prosus (OTCMKTS:PROSY) and Bank Hapoalim B.M. (OTCMKTS:BKHYY)

Bron: ETF Daily News

Autheur: MarketBeat News

Gepubliceerd op: 2024-07-02

Prosus (OTCMKTS:PROSY – Get Free Report) and Bank Hapoalim B.M. (OTCMKTS:BKHYY – Get Free Report) are both large-cap retail/wholesale companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, risk, …

Nvidia trong mắt người ngoại đạo, và vị thế trung tâm của nền kinh tế AI

Bron: Tinhte.vn

Autheur: no-reply@tinhte.vn (P.W), P.W

Gepubliceerd op: 2024-07-01

Adam, 44 tuổi, mới chỉ mua cổ phiếu của vài công ty khi anh đưa ra quyết định đầu tư vào một cổ phiếu có tên “Nvidia” sau khi bạn mình đưa ra lời khuyên. Nhà đầu tư cá nhân, hiện đang làm việc trong ngành khách sạn ở London…

India ed-tech firm Byju’s founder faces reckoning as startup implodes

Bron: Yahoo Entertainment

Autheur: Aditya Kalra

Gepubliceerd op: 2024-07-22

Byju Raveendran, an Indian mathematics whiz who soared from teacher to startup billionaire before his education-technology company imploded this year, now…

Indian ed-tech giant Byju’s faces total shutdown if insolvency proceeds, says CEO

Bron: Livemint

Autheur: list.metadata.agency

Gepubliceerd op: 2024-07-19

Byju’s, backed by investors like Prosus and General Atlantic, has suffered numerous setbacks in recent months, including job cuts, a collapse in its valuation and a tussle with investors who accused CEO Byju Raveendran of corporate governance lapses

MPDFT flagra plantão com metade dos médico previstos em UTI pública

Bron: Metropoles.com

Autheur: Francisco Dutra

Gepubliceerd op: 2024-06-28

Diligência do MPDFT flagrou a ausência de 50% dos médicos escalados para trabalho na UTI do Hospital Regional do Gama (HRG)

BNP Paribas ontwikkelt AI-diensten met Mistral

Bron: Emerce.nl

Autheur: Erwin Boogert

Gepubliceerd op: 2024-07-12

Het Franse financiële concern BNP Paribas sluit een meerjarige overeenkomst met Mistral AI. Het bankbedrijf gaat diens AI-modellen in de volle breedte van zijn organisatie verwerken.

Byju’s downfall: From being startup star to filing insolvency

Bron: Livemint

Autheur: list.metadata.agency

Gepubliceerd op: 2024-07-17

BYJUS-INDIA-EXPLAINER:How India’s Byju’s went from startup star to facing insolvency

Invesco reduces fair value of Pine Labs, Swiggy

Bron: BusinessLine

Autheur: BL Bengaluru Bureau

Gepubliceerd op: 2024-07-11

Invesco reduces fair value of Pine Labs and Swiggy in shareholder report, impacting IPO-bound Swiggy’s valuation.

Good Glamm Group in talks to raise ₹1,000 crore from investors ahead of IPO plans

Bron: BusinessLine

Autheur: Meenakshi Verma Ambwani

Gepubliceerd op: 2024-07-05

Good Glamm Group, a beauty and personal care company, is in discussions to raise Rs 1000 crore from strategic and financial investors in preparation for its upcoming IPO, which is projected to take place by October 2025.

Prosus CEO Fabricio Bloisi landing in August to take stock of business

Bron: The Times of India

Autheur: Digbijay Mishra

Gepubliceerd op: 2024-07-22

Fabricio Bloisi, who was appointed CEO of Prosus in May, will be in New Delhi and Bengaluru meeting some of the top portfolio firms like Swiggy, Meesho, and Urban Company, per current plans. Bloisi replaced long-time CEO Bob van Dijk, who abruptly resigned la…

Explainer: How Byju’s went from startup star to facing insolvency

Bron: The Times of India

Autheur: Reuters

Gepubliceerd op: 2024-07-16

Byju’s faces insolvency following a $19 million dispute with the Indian cricket board. Shareholders allege mismanagement. Prosus wrote off its stake. Deloitte and board members from Peak XV Partners, Prosus, and Chan Zuckerberg Initiative resigned. Founders R…

Probe finds no evidence of fraud at Byju’s, but detects governance failure

Bron: Business Standard

Autheur: Abhijeet Kumar

Gepubliceerd op: 2024-06-26

The Ministry of Corporate Affairs’ investigation offers some relief to Byju’s, as it temporarily halts any new scrutiny by Indian officials on already investigated issues

Byju’s crisis: NCLT admits BCCI petition seeking insolvency proceeding against edtech firm

Bron: Business Today

Autheur: Business Today Desk

Gepubliceerd op: 2024-07-16

The matter was registered for further hearing on November 15 last year. It had then said that it was in conversation with the BCCI to settle the pending insolvency matter.

Byju’s crisis: NCLT admits edtech firm’s parent to insolvency resolution

Bron: Business Today

Autheur: Business Today Desk

Gepubliceerd op: 2024-07-16

The matter was registered for further hearing on November 15 last year. It had then said that it was in conversation with the BCCA to settle the pending insolvency matter.

Byju’s’ corp governance had lapses, but it did not commit financial fraud, finds probe

Bron: Business Today

Autheur: Business Today Desk

Gepubliceerd op: 2024-06-26

The Ministry of Corporate Affiars probe has not found any evidence of wrongdoing such as siphoning of funds or manipulation of financial accounts by the firm helmed by Byju Raveendran.

‘Byju failed because…’: Unacademy CEO Gaurav Munjal says Raveendran put himself on a pedestal

Bron: Business Today

Autheur: Business Today Desk

Gepubliceerd op: 2024-06-28

He also highlighted the value of discerning between investors, noting, “Some investors are assets, some are liabilities. The trick is to figure out the ones who are assets and listen to them.”

Byju’s faces total shutdown if insolvency proceeds: CEO Byju Raveendran

Bron: The Times of India

Autheur: Reuters

Gepubliceerd op: 2024-07-19

Byju’s, valued at $22 billion, may shut down due to insolvency, stated CEO Raveendran. Byju’s, backed by investors like Prosus and General Atlantic, has suffered numerous setbacks in recent months, including job cuts, a collapse in its valuation and a tussle …

Valores para pasar un verano tranquilo

Bron: Eleconomista.es

Autheur: elEconomista.es

Gepubliceerd op: 2024-07-05

Como el resto de los mortales, los inversores también tienen derecho a pasar unas vacaciones tranquilas sin preocuparse de sus apuestas bursátiles.

Once India’s biggest startup, Byju’s faces insolvency proceedings

Bron: Investing.com

Autheur: Reuters

Gepubliceerd op: 2024-07-17

Once India’s biggest startup, Byju’s faces insolvency proceedings

Byju’s Founder Faces Reckoning As Company’s Valuation Drops To $2 Billion

Bron: NDTV News

Gepubliceerd op: 2024-07-22

Byju Raveendran, the mathematics whiz who soared from teacher to startup billionaire before his education technology company imploded this year, now faces his biggest test.

Indian ed-tech giant Byju’s faces total shutdown if insolvency proceeds, CEO says

Bron: Investing.com

Autheur: Reuters

Gepubliceerd op: 2024-07-19

Indian ed-tech giant Byju’s faces total shutdown if insolvency proceeds, CEO says

Amazon’s q-comm move; green shoots for IT sector

Bron: The Times of India

Autheur: ETtech

Gepubliceerd op: 2024-07-22

Happy Monday! Amazon wants to catch up in the quick commerce race. We have a Monday AM scoop on the latest from the US ecommerce major in today’s ETtech Morning Dispatch.

Karnataka Labour Minister presses Byju’s to resolve former employees’ dues

Bron: Business Standard

Autheur: Abhijeet Kumar

Gepubliceerd op: 2024-07-02

Byju’s: Labour Minister Santosh Lad revealed that approximately 160 to 200 employees had approached the Labour Department, with total outstanding dues amounting to around Rs 4.5 crore

‘Byju’s Not Cleared Of Fraud, Clean Chit Reports Incorrect’: Centre

Bron: NDTV News

Gepubliceerd op: 2024-06-26

Refuting reports that an investigation by the Ministry of Corporate Affairs has cleared edtech firm Byju’s of financial fraud, the Centre said on Wednesday that the probe is still on.

Byju’s Faces Total Shutdown If Insolvency Proceeds, Says CEO

Bron: NDTV News

Gepubliceerd op: 2024-07-19

Insolvency proceedings against ed-tech giant Byju’s, once India’s biggest startup valued at $22 billion, will likely force thousands of employees to quit and result in a total shutdown of its services, its CEO said in a court filing seen by Reuters.

Online food delivery market to grow 18% on-year to Rs 2 lakh crore by 2030: Bain-Swiggy report

Bron: The Times of India

Autheur: ETtech

Gepubliceerd op: 2024-07-03

The online food delivery market in India is on a significant growth trajectory, with Zomato leading in market share. Swiggy’s overall gross order value has been increasing, as reported by Prosus. By 2030, the industry is set to witness substantial expansion, …

Unacademy gives pink slips to 250 employees in another round of layoffs

Bron: Business Standard

Autheur: Peerzada Abrar

Gepubliceerd op: 2024-07-02

The edtech firm has recorded multiple rounds of layoffs since 2022, which have affected at least 2,000 employees so far, according to the sources

Grace marks for Byju’s: Karnataka High Court sets aside NCLT order halting second rights issue

Bron: Livemint

Autheur: Priyanka Gawande

Gepubliceerd op: 2024-07-02

The high court has asked NCLT to consider the matter afresh, which means Byju’s will have to wait longer to use the funds raised from its first and second rights issues that it desperately needs to keep its operations running.

PayU’s LazyPay partners with Blinkit to offer customers with credit line

Bron: Business Standard

Autheur: Ajinkya Kawale

Gepubliceerd op: 2024-06-26

The latest partnership will provide the Zomato-led quick commerce platform’s customers with a credit line, at no additional cost to merchants

Ecommerce space heats up; and other top tech, startup stories this week

Bron: The Times of India

Autheur: ETtech

Gepubliceerd op: 2024-06-29

Welcome to another edition of ETtech Unwrapped – our weekend newsletter. It has been a packed week for ecommerce and quick commerce news. The previous weekend began with Zepto scooping up $665 million in funding, at more than double its last valuation in 2023…

El fundador del primer ‘unicornio’ español lanza el fondo Plus Partners

Bron: Eleconomista.es

Autheur: Cristian Reche

Gepubliceerd op: 2024-06-26

Enrique Linares, fundador del primer unicornio español (letgo), y Oriol Juncosa, inversor con más de 75 start-ups invertidas, han lanzado el fondo de venture capital Plus Partners. Ambos se unen para trabajar juntos y respaldar a startups localizadas en Europ…

Invesco lowers fair value, cutting Swiggy and Pine Labs valuations

Bron: Business Standard

Autheur: Vasudha Mukherjee

Gepubliceerd op: 2024-07-12

Swiggy and Pine Labs Valuation: US-based investor Invesco valued its 28,844 shares in Swiggy at $219.2 million, implying a total valuation of $12.3 billion, down from $12.7 billion in January 2024

Byju’s journey from startup star to facing insolvency: All you need to Know

Bron: Business Standard

Autheur: Reuters

Gepubliceerd op: 2024-07-17

Byju’s, which has denied mismanagement, says the investors don’t have the power to vote out its CEO

Probe finds Byju’s failed investors but didn’t commit fraud

Bron: The Times of India

Autheur: Bloomberg

Gepubliceerd op: 2024-06-26

Byju’s governance lapses led to financial troubles, legal battles, and Raveendran’s efforts to innovate and manage debts for the ed-tech company’s survival.

Karnataka HC rejects NCLT stay on Byju’s second rights issue, sends case back to tribunal

Bron: Business Today

Autheur: Business Today Desk

Gepubliceerd op: 2024-07-02

On June 12, NCLT instructed Byju’s to maintain the status quo regarding existing shareholders and their shareholding. Byju’s had appealed against the order in the High Court.

Byju failed because he didn’t listen to anyone: Unacademy CEO Gaurav Munjal

Bron: Business Standard

Autheur: Peerzada Abrar

Gepubliceerd op: 2024-06-28

Munjal questioned Raveendran’s leadership and his ability to take feedback

Amazon India approaches Swiggy for stake in Instamart: Report

Bron: Business Today

Autheur: Business Today Desk

Gepubliceerd op: 2024-07-22

Amazon’s interest in Swiggy Instamart comes as the e-commerce giant is trying to work on its own quick commerce initiative for months.

Karnataka HC rejects Byju’s plea in BCCI case; edtech firm to move NCLAT on Monday

Bron: The Times of India

Autheur: ETtech

Gepubliceerd op: 2024-07-19

The case relates to unpaid dues of Rs 158 crore payable to BCCI for sponsorship rights. The troubled edtech firm will knock on the doors of NCLAT on Monday.

Morgan Stanley Tips South African Stocks to Beat Cash and Bonds

Bron: Financial Post

Autheur: Bloomberg News

Gepubliceerd op: 2024-07-23

RMB Morgan Stanley sees South African equities delivering returns that will outperform those for cash and bonds as expected interest-rate cuts and reduced rolling blackouts support earnings growth.

Byju’s appeals to NCLAT Chennai against insolvency; hearing set for July 29

Bron: Business Standard

Autheur: Vasudha Mukherjee

Gepubliceerd op: 2024-07-24

Byju’s owes its creditors – BCCI, OPPO, Surfer Technologies, Cogent E Services, McGraw Hill Education India, and iEnergizer Services – more than Rs 200 crore

Probe Finds No Fraud At Byju’s But Cites Lapses In Corporate Governance

Bron: NDTV News

Gepubliceerd op: 2024-06-26

Embattled edtech firm Byju’s did not siphon off funds or manipulated accounts, a year-long investigation by the government has found. However, the company did go through lapses in its corporate governance structure, the government added.

Byju’s Faces Insolvency Proceedings For Failure To Pay BCCI Rs 158.9 Crore

Bron: NDTV News

Gepubliceerd op: 2024-07-16

Edtech company Byju’s, which was once India’s most valuable start-up worth an estimated USD 22 billion, will face insolvency proceedings for failure to pay Rs 158.9 crore to cricket board BCCI.

Swiggy launches $65 million Esops liquidity programme ahead of IPO

Bron: Livemint

Autheur: Priyamvada C

Gepubliceerd op: 2024-07-15

Swiggy has unveiled its fifth ESOPs liquidity programme worth $65 million, providing liquidity options for 2,000 employees, as the food delivery giant prepares for an IPO and navigates a competitive market.

Indian ed-tech giant Byju’s faces total shutdown if insolvency proceeds, CEO says

Bron: CNA

Gepubliceerd op: 2024-07-19

NEW DELHI : Insolvency proceedings against ed-tech giant Byju’s, once India’s biggest startup valued at $22 billion, will likely force thousands of employees to quit and result in a total shutdown of its services, its CEO said in a court filing seen by Reuter…

Byju’s CEO Byju Raveendran tells court it will face total shutdown if insolvency proceeds: Report

Bron: Business Today

Autheur: Business Today Desk

Gepubliceerd op: 2024-07-19

Earlier this week, the National Company Law Tribunal’s Bengaluru bench, on Tuesday, admitted BCCI’s plea against Byju’s. This was done after BCCI had sought initiation of the insolvency proceedings against Byju’s over alleged unpaid dues of Rs 158 crore. Byju…

Byju’s founder Byju Raveendran faces reckoning as startup implodes

Bron: The Times of India

Autheur: Reuters

Gepubliceerd op: 2024-07-22

Potential insolvency is a dramatic turn of events for an entrepreneur described by one person who has worked with him as an extremely passionate and goal-oriented person who might adopt “an abrasive approach” in a crisis.

Exclusive | Amazon in deal talks with Swiggy for quick commerce business Instamart: sources

Bron: The Times of India

Autheur: Samidha Sharma and Digbijay Mishra

Gepubliceerd op: 2024-07-22

Early talks on; US ecommerce biggie looking for a buyout or stake via pre-IPO placement. Discussions may face multiple roadblocks, said sources in the know. Legacy ecommerce players like Amazon and Flipkart scouting for quick commerce assets amid rising consu…

PayU’s LazyPay expands quick commerce partnership with Blinkit addition

Bron: The Times of India

Autheur: Ajay Rag

Gepubliceerd op: 2024-06-27

LazyPay partners with Blinkit for seamless checkout, expanding its portfolio. PayU’s revenue grows in India, driven by the credit business despite regulatory challenges. India remains a key market for digital payments, with significant growth projected in dig…

Qatar’s sovereign wealth fund targets Byju’s Raveendran’s personal assets

Bron: Business Standard

Autheur: Peerzada Abrar

Gepubliceerd op: 2024-07-23

QIA,the sovereign wealth fund of the State of Qatar has petitioned the Karnataka High Court to prevent Byju Raveendran, founder of Byju’s, from selling, pledging, or transferring his assets

Invesco reduces fair value of Pine Labs, Swiggy

Bron: The Times of India

Autheur: ETtech

Gepubliceerd op: 2024-07-11

Invesco has reduced the fair value of fintech company Pine Labs and food delivery firm Swiggy in its latest shareholder report. Pine Labs’ value decreased from $4.8 billion to $3.5 billion, while Swiggy’s valuation was also adjusted. Both companies are explor…

Urban Company: loss narrowed in FY24, posted pre-tax profit in Q1

Bron: The Times of India

Autheur: ETtech

Gepubliceerd op: 2024-07-23

The Gurugram-based company recorded Rs 281 crore in revenue for the April-June period, or the first quarter, of this fiscal year, with a profit before tax (PBT) of Rs 12 crore, the business summary showed.

Byju’s settles case with Teleperformance

Bron: BusinessLine

Autheur: Jyoti Banthia

Gepubliceerd op: 2024-06-26

The Bengaluru Bench of National Company Law Tribunal was told on June 26

Karnataka HC sets aside NCLT stay on Byju’s second rights issue

Bron: BusinessLine

Autheur: Jyoti Banthia

Gepubliceerd op: 2024-07-02

Karnataka High Court overturns NCLT order restraining Byju’s second rights issue, sending case back for fresh consideration.

Dharana Capital mops up Rs 400 crore worth shares in Urban Company in secondary investment

Bron: The Times of India

Autheur: ETtech

Gepubliceerd op: 2024-07-17

Dharana Capital invested Rs 400 crore in Urban Company. The offshoot of Vy Capital acquired the shares from the at-home service platform’s employees and shareholders in an Esop liquidity plan.

Karnataka High Court sets aside NCLT stay on second rights issue by Byju’s

Bron: Business Standard

Autheur: Peerzada Abrar

Gepubliceerd op: 2024-07-02

According to industry sources, the legal battles are expected to adversely impact the edtech firm’s ability to run its operations, pay the pending amount to vendors, as well as salaries to employees

Amazon India in talks for deal with Instamart amid Swiggy’s IPO filing

Bron: Business Standard

Autheur: Rimjhim Singh

Gepubliceerd op: 2024-07-22

Bengaluru-based Swiggy recently filed with the Securities and Exchange Board of India (Sebi) for a Rs 10,414 crore IPO, one of the largest planned by a new-age internet company

Skillsoft adds tech and finance veterans to its board

Bron: Investing.com

Autheur: Investing.com

Gepubliceerd op: 2024-07-19

Skillsoft adds tech and finance veterans to its board

Now, Qatar wealth fund goes after Byju Raveendran’s personal assets

Bron: Livemint

Autheur: Ranjani Raghavan, Varun Sood

Gepubliceerd op: 2024-07-23

Qatar is the latest investor to move against Raveendran. Last week, an NCLT court admitted an insolvency petition against Byju’s

Byju’s Appeals Insolvency Order, Seeks Urgent Hearing: Report

Bron: NDTV News

Gepubliceerd op: 2024-07-18

Crisis-ridden Byju’s has moved the National Company Law Appellate Tribunal (NCLAT) against the recent order of NCLT that allowed cricket board BCCI’s petition for initiating insolvency proceedings against the once-famed edtech company, sources said.

Cash-strapped firm Byju Raveendran faces reckoning as startup implodes

Bron: Business Standard

Autheur: Reuters

Gepubliceerd op: 2024-07-22

Accused of financial mismanagement and compliance issues, the son of family of teachers from a small village in south India faces a reckoning that will test the ingenuity that made him a poster child

Byju’s faces total shutdown if insolvency proceeds: CEO Raveendran

Bron: Business Standard

Autheur: Reuters

Gepubliceerd op: 2024-07-19

The 452-page filing at the High Court of Karnataka, made by Raveendran’s counsel MZM Legal, is not public but has been reviewed by Reuters

Urban Company logs profit before tax in April-June quarter; revenue up 38% on year

Bron: The Times of India

Autheur: ETtech

Gepubliceerd op: 2024-06-27

Urban Company, a Gurugram-based home services platform, saw its revenue in the April-June period grow 38% at Rs 282-283 crore, cofounder and CEO Abhiraj Singh Bhal told ET. Urban Company’s profit before tax margin was 4% for the period, he added.

Ecom Express sets the ball rolling for Rs 3,000-crore IPO

Bron: The Times of India

Autheur: Rajesh Mascarenhas

Gepubliceerd op: 2024-06-27

Third-party logistics firm Ecom Express is looking to list on the public markets to raise Rs 3,000 crore, two people aware of the development told ET. The Warburg Pincus-backed company has appointed bankers Kotak Capital, IIFL, Axis Capital, and UBS to take f…

Byju’s challenges insolvency order in NCLAT, seeks urgent hearing

Bron: Business Standard

Autheur: Peerzada Abrar

Gepubliceerd op: 2024-07-18

Byju’s, once valued at $22 billion, is seeking an urgent hearing at NCLAT against the insolvency order by NCLT based on a plea from BCCI over the non-payment of Rs 158 crore

NCLT tells Byju’s to pay salaries to employees, warns firm of an audit

Bron: Business Standard

Autheur: Peerzada Abrar

Gepubliceerd op: 2024-07-04

Over 2,000 disgruntled former employees of Byju’s have also joined hands to fight for their rights. Several among them are in the process of taking their former employer to the NCLT in Bengaluru

Byju’s settles case with Teleperformance

Bron: BusinessLine

Autheur: Jyoti Banthia

Gepubliceerd op: 2024-06-26

The Bengaluru Bench of National Company Law Tribunal was told on June 26

Pune-based ElasticRun eyes operational profitability by end of October

Bron: Business Standard

Autheur: Shivani Shinde

Gepubliceerd op: 2024-07-16

The business-to-business ecommerce player has, for instance, focused on working with regional brands as they give better margins and also allow them to partner with these brands in marketing

Dharana Capital acquires shares worth Rs 400 crore in Urban Company

Bron: Business Standard

Autheur: Peerzada Abrar

Gepubliceerd op: 2024-07-17

Dharana Capital founder Vamsi Duvvuri to join the board as Non-Executive Director

Exclusive: Amazon in deals talks with Swiggy for quick commerce business Instamart: sources

Bron: The Times of India

Autheur: Samidha Sharma and Digbijay Mishra

Gepubliceerd op: 2024-07-22

Early talks on; US ecommerce biggie looking for a buyout or stake via pre-IPO placement. Discussions may face multiple roadblocks, said sources in the know. Legacy ecommerce players like Amazon and Flipkart scouting for quick commerce assets amid rising consu…

Byju’s moves NCLAT against NCLT’s insolvency order; seeks urgent hearing

Bron: The Times of India

Autheur: PTI

Gepubliceerd op: 2024-07-18

Edtech firm Byju’s has moved the National Company Law Appellate Tribunal against the recent order of NCLT. The company is seeking an urgent hearing on the matter. Earlier this week, Byju’s had said it is hopeful of reaching “an amicable settlement” with the B…

Karnataka HC reserves order on edtech firm Byju’s second rights issue

Bron: Business Standard

Autheur: Bhavini Mishra

Gepubliceerd op: 2024-06-27

Byju’s is currently restricted from issuing shares and using funds raised from a $200 million rights issue until the tribunal decides the matter

Byju’s knocks at NCLAT door against NCLT’s insolvency order in BCCI case

Bron: Business Standard

Autheur: Press Trust of India

Gepubliceerd op: 2024-07-18

Crisis-ridden Byju’s has moved the National Company Law Appellate Tribunal (NCLAT) against the recent order of NCLT that allowed cricket board BCCI’s petition for initiating insolvency proceedings against the once-famed edtech company, sources said. Sources p…

Smartphone manufacturer Oppo takes Byju’s to NCLT for Rs 13 cr unpaid dues

Bron: Business Standard

Autheur: Bhavini Mishra

Gepubliceerd op: 2024-06-27

The tribunal, meanwhile, has designated July 3 as ‘Byju Day’ as nearly 10 petitions are expected to be heard that day against the edtech firm

Data breach at BSNL again; MCA probe findings on Byju’s

Bron: The Times of India

Autheur: ETtech

Gepubliceerd op: 2024-06-26

Bharat Sanchar Nigam Ltd (BSNL) has suffered its second data breach in six months. This and more in today’s ETtech Top 5.

Subject: Ola Electric IPO; Insolvency order against Byju’s

Bron: The Times of India

Autheur: ETtech

Gepubliceerd op: 2024-07-16

Ola Electric’s initial public offering (IPO) may hit the market at 30% below its last valuation. This and more on today’s ETtech Top 5.

Why Tiger Global’s ferocious roar has turned into a soft mewl

Bron: Livemint

Autheur: Ranjani Raghavan

Gepubliceerd op: 2024-07-04

Once upon a time, Tiger Global wrote cheques at a frenetic pace. It would pour money into a bunch of companies in the same segment. For instance, it bought into multiple edtech firms, including Byju’s and Unacademy. However, the US hedge fund investor has coo…

Nick Clegg’s attack on innovation in Europe is one-eyed

Bron: The Irish Times

Autheur: Chris Horn

Gepubliceerd op: 2024-07-18

Ill-informed rant from Meta head of global affairs appears driven by his employer’s frustration with EU rules

Swiggy IPO: आईपीओ से पहले शेयरों की बिकवाली, इस भाव पर हुआ लेन-देन

Bron: Moneycontrol

Autheur: Moneycontrol Hindi

Gepubliceerd op: 2024-07-09

Swiggy IPO: ऑनलाइन फूड डिलीवरी प्लेटफॉर्म स्विगी के आईपीओ का निवेशक बेसब्री से इंतजार कर रहे हैं। उससे पहले एक बड़ा अपडेट ये आया है कि इसके शुरुआती निवेशक शेयर बेच रहे हैं और अपनी हिस्सेदारी हल्की कर रहे हैं। मनीकंट्रोल को यह जानकारी सूत्रों के हवाले से मिली …

General Atlantic के इंडिया COO आलोक मिश्रा ने दिया इस्तीफा

Bron: Moneycontrol

Autheur: Moneycontrol Hindi

Gepubliceerd op: 2024-07-17

भारत में प्राइवेट इक्विटी फर्म जनरल अटलांटिक के चीफ ऑपरेटिंग ऑफिसर और ऑपरेटिंग पार्टनर आलोक मिश्रा ने कंपनी छोड़ दी है। सूत्रों ने बताया कि उद्योग जगत के टॉप कॉर्पोरेट दिग्गज और डीलमेकर हाल ही में मिश्रा की फेयरवेल पार्टी में शामिल हुए थे। मिश्रा 2013 में जनर…

Updated, Larger Stack Overflow Demo Database

Bron: Brentozar.com

Autheur: Brent Ozar

Gepubliceerd op: 2024-07-16

Stack Overflow publishes a data dump with all user-contributed content, and it’s a fun set of data to use for demos. I took the 2024-April data dump, and imported it into a Microsoft SQL Server database. It’s an 31GB torrent (magnet) that expands to a ~202GB …

The rise and fall of India’s once most valuable start-up and first ‘unicorn’

Bron: Sky.com

Autheur: Ian King

Gepubliceerd op: 2024-07-16

Less than two years ago, it was valued at $22bn and was one of the most familiar brand names on the planet, thanks to a shirt sponsorship deal with India’s cricket team.

Can Nvidia stay at the heart of the new AI economy?

Bron: The Irish Times

Autheur: Tim Bradshaw, Michael Acton

Gepubliceerd op: 2024-06-27

The chipmaker’s brief reign as the world’s most valuable company is a sign of the times for the emerging technology

India probe finds Byju’s didn’t commit fraud but had compliance lapses

Bron: Moneycontrol

Autheur: Bloomberg

Gepubliceerd op: 2024-06-26

The yearlong probe by the Ministry of Corporate Affairs found no evidence of wrongdoing such as siphoning of funds or manipulation of financial accounts, people familiar with the matter said.

Government probe clears Byju’s of financial fraud: Report

Bron: India Today

Autheur: India Today Business Desk

Gepubliceerd op: 2024-06-26

A yearlong probe by the Ministry of Corporate Affairs found no evidence of fund siphoning or financial account manipulation at Byju039s

Byju’s, once valued at $22 billion, faces insolvency proceedings | TechCrunch

Bron: TechCrunch

Autheur: Manish Singh

Gepubliceerd op: 2024-07-16

An Indian tribunal court initiated insolvency proceedings for Byju’s, once India’s most valuable startup, on Tuesday in response to a petition from the An Indian court has initiated insolvency proceedings against edtech giant Byju’s, once-valued at $22 billio…

The men who made Naspers South Africa’s most valuable company

Bron: MyBroadband

Autheur: Myles Illidge

Gepubliceerd op: 2024-07-23

The men who made Naspers South Africa’s most valuable companymybroadband.co.za

Little-known South African tech stock beating Naspers and MultiChoice in 2024

Bron: MyBroadband

Autheur: Hanno Labuschagne

Gepubliceerd op: 2024-07-18

The small emerging technology-focused company has seen its share price jump over 78% since the start of the year.

Particuliere beleggers breiden zoektocht naar AI-winnaars uit

Bron: Emerce.nl

Autheur: eToro

Gepubliceerd op: 2024-07-05

Vrijdag 5 juli 2024 – In het tweede kwartaal van 2024 nam NVIDIA het stokje over van Tesla als meest […]

As Spain gets its latest VC fund, Southern Europe appears to be on a roll | TechCrunch

Bron: TechCrunch

Autheur: Mike Butcher

Gepubliceerd op: 2024-06-27

While startup valuations have plummeted since the bull run of 2021-2022, a factor that’s hit the European startup ecosystem particularly hard, there’s one