Nykaa’s consolidated net profit falls 58%; Manish Maheshwari to quit Invact MetaversityNykaa has clocked steep declines in net profit in all three quarters since it went public.
27 May, 2022, 08.07 PM IST
Cofounder Manish Maheshwari agrees to leave Invact Metaversity, Tanay Pratap to be CEO“I am moving out of Invact to first take a break for a few months and then pursue new opportunities. It is heartbreaking for a founder to l...
27 May, 2022, 07.20 PM IST
Now, Google in talks to join ONDC; Purplle may raise fresh funds at $800 million valuationGoogle is also in talks to partner with ONDC, which it sees as a means of discovering businesses.
27 May, 2022, 07.45 AM IST
E-commerce on the menu for Swiggy; some edtech startups stay bullish amid layoffs; Inventus rebrands to AtheraSwiggy, which earns 75% of its revenue from its food business, has been exploring options to increase its revenue stream from other vertica...
26 May, 2022, 09.04 AM IST
Invact Metaversity angel investor says co-founder Maheshwari holding company hostageResponding to Maheshwari's series of Twitter posts, Orosz said, “I am an investor in @invactHQ. Contrary to what this thread says, the comp...
25 May, 2022, 09.16 PM IST
- Now, Sequoia cautions founders; Invact angel investor says CEO holding company hostage; and Country Delight valued at $615 million
Sequoia Capital has issued another worldwide downturn missive cautioning its portfolio founders not to expect a speedy recovery from curren...
25 May, 2022, 07.46 PM IST
We are now standing at crossroads: Metaversity founder Manish MaheshwariManish Maheshwari says, "As we started testing the early versions of the Metaversity platform with real students, it became apparent to us ...
25 May, 2022, 06.00 AM IST
As founders fight in real world, an MBA in metaverse gets cancelledShort-term MBA courses, run by professionals who themselves hold an MBA degree and have real-life experience of running companies, moved in...
24 May, 2022, 01.47 PM IST
Startup dreamers return to IT firms after layoffs; Zomato reports Rs 360 crore net loss in Q4IT firms have been battling record attrition of late, so startups’ loss is their gain.
24 May, 2022, 07.11 AM IST
Former Twitter India head’s startup Invact Metaversity stares at shutdownMaheshwari’s ‘irreconcilable differences’ with co-founder Tanay Pratap is said to be the reason for the move, according to an email that Pr...
23 May, 2022, 09.50 PM IST
Zomato net loss jumps to Rs 360 crore in Q4; Invact Metaversity is in troubleTotal revenue grew to Rs 1,350 crore in Q4 from Rs 750.8 crore in the same quarter in FY21.
23 May, 2022, 08.28 PM IST
Ahead of Elon Musk takeover, Twitter’s revenue climbs 16% YoY to $1.20 billionAt the beginning of the quarter, the company had announced the sale of its ad platform MoPub for $1.05 billion. When excluding MoPub and Mo...
28 Apr, 2022, 07.43 PM IST
Former Twitter India head finds Musk’s takeover bid ‘attractive’Twitter has been making headlines since Musk on Thursday made a $43-billion cash takeover bid for Twitter at $54.20 per share. The offer is...
19 Apr, 2022, 06.00 AM IST
The meta ambitions of Indian startupsIndia’s vibrant startup ecosystem is uniquely poised to take the lead in Metaverse. Already, many investors are queuing up to grab a share ...
27 Mar, 2022, 06.00 AM IST
Invact Metaversity raises $5 million funding led by Arkam VenturesAntler India, Picus Capital (Germany), M Venture Partners (Singapore), BECO Capital (Dubai) and 2amVC (US) also invested in the round, valu...
21 Feb, 2022, 07.28 PM IST
NCLAT to hear Amazon next week; Zomato’s Goyal invests in Park+Amazon will ask the National Company Law Appellate Tribunal (NCLAT) next Monday to stay the Competition Commission of India’s (CCI) order s...
07 Feb, 2022, 08.31 PM IST
Former Twitter India head Manish Maheshwari's Invact Metaversity raises funds at $33 million valuationThe fundraise by Invact Metaversity saw participation from Kishore Biyani (Future Group), T.V. Mohandas Pai (Manipal Global Education), Dr ...
07 Feb, 2022, 05.29 PM IST