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Eruditus FY24 Ebitda loss narrows, founder cites focus on profitability

SoftBank-backed Eruditus’ revenue growth slowed to 12% in its final monetary 12 months, however its working loss narrowed to a sixth from the...

SoftBank’s Rajeev Misra steps down as corporate officer on record losses

SoftBank Group Corp. stated in a press release on Wednesday that Rajeev Misra is stepping down from his roles as a company officer...

Masayoshi Son is now down $4 billion on his SoftBank side deals

Masayoshi Son has now misplaced greater than $4 billion on a sequence of facet offers he arrange at SoftBank Group Corp. to spice...

Qatar Insurance Company, HNIs acquire stake in IPO-bound Oyo

New Delhi: A clutch of patrons, together with Doha-based insurer Qatar Insurance Company (QIC) and some high-net-worth people (HNIs) and household workplaces bought...

Open to investing in fintech post Paytm’s listing, missed out on SaaS deals earlier: SoftBank Vision Fund

Know-how investor SoftBank has pumped near $11 billion in India throughout each editions of the Imaginative and prescient Fund out of which $3...

SoftBank Vision Fund’s Deep Nishar is discussing leaving firm

SoftBank Imaginative and prescient Fund’s sole senior managing companion, Deep Nishar, is discussing leaving the agency, in keeping with folks with data of...

Info Edge to sell Rs 750 crore Zomato shares in upcoming IPO

Zomato’s earliest and largest shareholder, , will promote shares value Rs 750 crore within the upcoming preliminary public providing (IPO) of the meals...

Meesho raises $300 million from SoftBank Vision Fund as valuation races past $2 billion

Fb-backed Meesho has raised $300 million in a brand new spherical of funding led by SoftBank Vision Fund 2, catapulting the social commerce...

Facebook-backed Meesho nears $250 million funding from SoftBank Vision Fund, others

Bengaluru | Mumbai: Fb-backed Meesho is within the closing levels of negotiations to boost $250 million in funding led by Softbank Vision Fund,...

Oyo raises Rs 54 crore from Hindustan Media Ventures

Hospitality agency Oyo has raised Rs 54 crore from Hindustan Media Ventures as a part of Collection F1 spherical, in line with a...

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Cyber defenders sound the alarm as F5 hack exposes broad risks – The Economic Times

A greater than year-long digital intrusion into cybersecurity firm F5, publicised final week and blamed on Chinese language spies, has defenders throughout the...

IMD issues ‘cyclone alert’ in Andaman & Nicobar Islands

“The India Meteorological Division (IMD) has issued a 'cyclone alert' in Andaman and Nicobar Islands owing to a cyclonic circulation over the Bay...

Delhi to revive homestay scheme, letting residents host tourists

The Delhi government is getting ready to relaunch its long-dormant Mattress and Breakfast (B&B) scheme, permitting residents to lease out a portion of...

Corner Office Conversation with Sridhar Vembu: Humble beginnings in 1990 to a Billion Dollar global venture

What occurs when a small Indian software program agency quietly evolves into a world SaaS powerhouse with out exterior funding or information monetization?...