Business News
SaaS startup SimpliContract raises $1.8 million in seed funding led by Kalaari Capital
SimpliContract, an AI and SaaS-based contract lifecycle management (CLM) platform, said on Monday it has raised USD 1.8 million in a seed fundin...
Prabhjote Gill
Here’s why Dodla Dairy has no plans to expand beyond southern India for at least the next two years even with its IPO
Dodla Dairy plans to open up ₹520 crore its initial public offering (IPO) for subscription on June 16. The ne...
Byju's most valuable startup in India and 11th in the world with a valuation of $16.5 billion
Edtech company Byju's is now India's most valuable unicorn startup with a valuation of $16.5 billion, surpassing fintech company Paytm's $16 billion valuation.
Sun TV Network's advertising revenue shrinks, but profit jumps 11% on subscriptions
Television broadcast major Sun TV Network Ltd on Friday said it closed last fiscal with 11 per cent growth net profit of about Rs 1,520.41 crore on reduced revenue.
Talent intelligence platform Eightfold AI raises $220 million led by SoftBank Vision Fund 2
Artificial Intelligence-powered talent intelligence platform Eightfold AI on Thursday announced that it has raised a $220 million in its Series E funding round led by SoftBanks Vision Fund 2.
Tata Digital to buy majority stake in online pharma startup 1MG
Tata Digital Limited, a subsidiary of Tata Sons Private Ltd will acquire majority stake in digital health company 1MG Technologies Private Ltd (1MG).
BharatPe acquires Payback India from American Express and ICICI Investments Strategic Fund
Merchant payment and lending service provider BharatPe on Thursday said it has acquired Payback India from American Express ...
Union Cabinet approves allocation of 5MHz spectrum in 700 MHz band for railways to improve communication and signalling, says Prakash Javadekar
The Union Cabinet on Wednesday approved allocation of 5 MHz spectrum in the 700...
Tata Digital to invest $75 million in fitness startup CureFit
Tata Digital, a subsidiary of Tata Sons, on Monday announced to invest up to $75 million in fitness startup CureFit.
NCLT approves Piramal Group's resolution plan for DHFL
The National Company Law Tribunal (NCLT) on Monday gave its approval to Piramal Group's bid for bankrupt-DHFL, subject to certain conditions. The tri...
Bernard Arnault and Gautam Adani – world's top two movers in terms of net worth this year
Bernard Arnault and Gautam Adani – world's top two movers in terms of net worth this year...
Vaamanaa Sethi
Here’s a snapshot of all Tata group companies — market cap, revenues, and 2021 stock performance till date
Here’s a snapshot of all Tata group companies — market cap, revenues, and 2021 stock performance till date...
Urban Company raises $255 million at over $2 billion valuation, eyes global expansion
Home services marketplace Urban Company on Wednesday said it has raised USD 255 million (about ₹1,857 crore) in funding led ...
Logistics platform Delhivery raises $277 million led by Fidelity, valuation touches $3 billion
Ahead of its initial public offering (IPO) this year, supply chain services provider Delhivery has reportedly raised $277 million in its latest round of funding, taking its market valuation to nearly $3 billion.
Digital payment firm Paytm gets a green signal from company's board to raise ₹22,000 crore via initial public offer
Digital payments and financial services firm Paytm has received in-principle approval from the company's boar...
Mukesh Ambani still on top, Gautam Adani slips to third — a look at the top 10 richest people in Asia
Mukesh Ambani still on top, Gautam Adani slips to third — a look at the top 10 richest people in Asia...
Mahindra & Mahindra clocks a standalone profit of ₹163 crore in Jan-March quarter on stronger sales of PVs and tractors
Home-grown auto major Mahindra & Mahindra on Friday reported a standalone profit-after-tax (PAT) of ₹163 cror...
Elon Musk's Tesla introduces cabin-facing camera, as self-driving accidents create ruckus
Alarmed at frequent accidents allegedly involving its Autopilot system, Tesla has finally released a driver monitoring system software using its cabin-facing camera, an ideal that was originally rejected by CEO Elon Musk.
India's micro-blogging app Koo raises $30 million led by Tiger Global
Homegrown micro-blogging platform Koo on Wednesday said it has raised $30 million in Series B funding, led by Tiger Global.
Prabhjote Gill
Barbeque Nation plans to open 20 new stores in the middle of a pandemic hoping for a bargain
Barbeque Nation’s share price is up by over 20% after it reported strong earnings for the quarter ending on 31 March 2021. T...
Vaamanaa Sethi
Arnault overtakes Bezos — Top 10 richest people in the world according to Forbes as of May 24, 2021
Arnault overtakes Bezos — Top 10 richest people in the world according to Forbes as of May 24, 2021...
BI India Bureau
Top 10 richest people in the world, top Billionaires
The list of the world's richest persons can vary from year to year, depending on their latest net worth and financial performance. Here is the latest...
Online higher education company upGrad acquires learning solutions provider Impartus for ₹150 crore in search of growth
Online higher education company upGrad on Monday announced it has acquired video-enabled learning solutions provider Impartus, committing over ₹150 crore towards the buyout as well as to boost its growth.
Indian government denies reports on PSBs withdrawing funds from abroad due to the Cairn dispute, and is strongly defending its stand in the dispute
The Indian government has denied reports that it has asked state-owned banks to withdraw funds from foreign currency accounts abroad in anticipation of their potential seizure with regard to the Cairn legal dispute, terming such information as "false and baseless".
Ola appoints Mike Rake as non-executive chairman and Leon Daniels as non-executive director to the UK board
Ride-hailing platform Ola on Thursday said it has appointed Mike Rake as non-executive Chairman and Leon Daniels as an indep...
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