Search Results for: Sequoia

Byju's on a roll: Raises funds from Tencent after acquiring TutorVista and Edurite

After acquiring TutorVista and Edurite from London-based Pearson Plc, Byju's has landed an investment deal with Chinese internet giant Tencent Holdings Limited.

Jul 27, 2017

The sharing economy: Co-working spaces are the next investment plays

Huge pent-up demand for shared working spaces will attract a flurry of funding activity from institutional investors.

Jun 29, 2017

World's fastest Chinese supercomputer Sunway TaihuLight trounces its US counterpart Titan by a huge margin

China's Sunway TaihuLight can perform 93 petaflops, compared to 17.6 petaflops of its American counterpart Titan.

Jun 19, 2017

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Bank of Baroda, Paytm in race to buy Snapdeal-owned FreeCharge: Report

Digital payments company FreeCharge, which was acquired by Flipkart's rival Snapdeal two years ago, is reportedly up for sale.

May 30, 2017

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Alibaba-backed Paytm close to buying rival FreeCharge from Snapdeal: Report

While Paytm is in the race to buy FreeCharge from Snapdeal, the e-commerce company (Snapdeal) is reportedly up for sale to bigger rival Flipkart.

May 11, 2017

ED issues show-cause notice to Karti Chidambaram over foreign exchange rules violations

Karti Chidambaram, son of former Union Finance Minister P Chidambaram, has been issued a show-cause notice by the ED for alleged violations of the FEMA laws to the tune of Rs 45 crore.

Apr 17, 2017

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Jacqueline Fernandez invests $543,000 in Rakyan Beverages, makers of cold-pressed juice brand RAW Pressery

With a following of 6.08 million on Twitter and 12.7 million on Instagram, Jacqueline Fernandez is seen as an "influencer" by the juice maker.

Apr 17, 2017

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Uber takes $18 billion hit in mock funding round

In a survey done by CB Insights, 77 percent of the 3,500 respondents say they won't invest in Uber even at $50 billion valuation, a far cry from $68 billion few months ago.

Apr 7, 2017

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Zomato revenues rise 80% in FY2017; Deepak Gulati appointed as COO

Food technology start-up grossed $49 million in 2016-17 and managed to cut cash burn by 81 percent YoY to $12 million.

Apr 6, 2017

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Voonik likely to become profitable by FY2018: COO Raghu

Co-founded by Sujayath Ali and Navaneetha Krishnan, Voonik started women's fashion app in 2013 and launched Mr Voonik last year.

Feb 27, 2017

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Genesis Colors IPO: Owner of luxury brands Satya Paul, Bwitch gets Sebi approval for public issue

Apart from owning Satya Paul and Bwitch, IPO-bound Genesis colors also sells global brands Jimmy Choo, Armani, Paul Smith and Bottega Veneta.

Feb 8, 2017

Education tech startup Byju's acquires Bengaluru-based Vidyartha for Rs 50 crore: Report

This is the first acquisition for Byju's, which has so far raised approximately $155 million in funding and is the most capitalised ed-tech startup in India.

Jan 17, 2017

New iPhone '5' May Support NFC Chip; Is Apple Ready To Release The iWallet?

Fintech startups on radar as digital economy takes shape

Startups working on financial transaction space are likely to get more attention from private equity players in coming days.

Dec 1, 2016

Snapchat hires Morgan Stanley, Goldman to manage IPO

JP Morgan Chase & Co, Deutsche Bank AG, Barclays Plc and Credit Suisse Group will also be involved as joint book runners.

Oct 13, 2016

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ING Bank extends $25 million debt to Hong Kong-based fintech company WeLab

Amsterdam-based ING Bank had participated in a $160 million funding for WeLab in January this year, led by Khazanah Nasional Berhad.

Sep 7, 2016

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