Massive

WeWork’s IPO filing decoded: How losses will continue and CEO will maintain control

Payal Ganguly

The We Company, the parent of shared workspaces provider WeWork, filed documents for its planned initial public offering (IPO) ....

16 August, 2019

Funding Roundup: Twitter plugs into ShareChat; internet deals boost funding to $347.5 mn

Team TC

Homegrown social media platform ShareChat received its highest validation yet this week when Twitter, the San Francisco-based ....

16 August, 2019
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Herocorp, Micromax, others back electric cab-hailing platform Blu Smart

Vijayakumar Pitchiah

Ahmedabad- and Gurugram-based Blu Smart, which operates intra-city electric cab aggregation platform, has raised $2.2 million ....

16 August, 2019

OYO plans $332 mn expansion of European vacation home rentals

Team TC

Gurugram-based hospitality chain Oravel Stays, which runs OYO Hotels and Homes, has earmarked nearly $332 million for its Amsterdam-headquartered ....

16 August, 2019

Trend Micro announces 5th edition of annual cybersecurity competition

Vignesh Ananthraj

Japan-based cybersecurity giant Trend Micro has announced the fifth edition of its Capture The Flag (CTF) competition.  CTF, ....

16 August, 2019

Lendingkart raises $3mn more from Sistema Asia Fund

Shweta Sharma

Ahmedabad-based digital lender Lendingkart Technologies has completed a new equity round of around $3 million from Sistema Asia ....

16 August, 2019
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Vinod Dham backs Orbo; Naspers may buy $100 mn stake in Dream11

Team TC

Intel’s Pentium chip developer and technology mentor Vinod Dham is backing Orbo. South Africa-based media giant Naspers ....

16 August, 2019

Dunzo gets $2 mn more from venture debt provider Alteria Capital

Vijayakumar Pitchiah

Bengaluru-based hyperlocal logistics app Dunzo Digital has raised $2.04 million through a combination of debt and equity from ....

16 August, 2019

Paytm targets 250 mn monthly active users, to invest Rs 750 cr

Team TC

Digital payments unicorn Paytm is now targeting 250 million monthly active users on its app.   Noida-based One97 Communications, ....

16 August, 2019

Usability, digital literacy critical when designing products for rural consumers: Priyanka Dutt, BBC Media Action

Payal Ganguly

In her decade-long stint with BBC Media Action, country director Priyanka Dutt has helmed multiple projects for the international ....

16 August, 2019
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Talview raises $6.75 mn; to deploy funds in HR-tech platform

Team TC

Bengaluru- and California-based human resource tech startup Talview has raised $6.75 million in Series A funding round from Storm ....

16 August, 2019

Cognizant plans more layoffs; Wipro eyeing $50 mn automation-only deals

Team TC

Cognizant may ask employees with no assigned projects or over 8 years of experience to leave. Wipro is banking on Wipro HOLMES ....

16 August, 2019