Paytm Mall according to the Hurun Unicorns list 2022 was valued at slightly below $1 billion, losing its unicorn valuation status from a reported $3 billion in 2020.
The RBI said in a notification on Tuesday that out of the 11 applications that the central bank received for licensing of universal banks and small finance banks, six have been rejected. This included...
The startup said that the current funds raise saw its valuation double from a fundraising round in October 2021 when it raised $24 million.
The announcement comes on the heels of Lenskart having raised 760 crore (or nearly $100 million) in a new funding round from Alpha Wave Ventures last month.
The labour ministry has now sought written response from the Infosys in response to the grievance made by NITES which is to be submitted before May 16.
Tiger Global, SoftBank have invested in 8 seed stage startups in India, Tracxn data shows
Ather Energy plans to use the funding to expand manufacturing facilities, invest in research and development, charging infrastructure and to grow its retail network.
The announcement from the investment giant's CEO comes on the heels of SoftBank posting a record $13 billion annual loss in FY22 with some of its major portfolio companies seeing a significant drag.
While the company has confirmed the reason for a spike in high attrition, the exact numbers have not been confirmed so far, though sources suggest it could be in hundreds.
Great Learning was acquired by Byju's in 2021, expanding its offerings beyond the K-12 and test prep segment for $600 million.
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