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VERSE INNOVATION PROFITABILITY
Listed new-age cos’ road to profitability; QED’s Nigel Morris interviewAfter a torrid time on Dalal Street, new-age firms have taken a turn towards profitability in the March quarter. This and more in today’s E...- Dailyhunt parent VerSe to lay off 350 employees this month in push for profitabilityVerSe Innovation, parent of Dailyhunt and Josh, is laying off 350 employees to boost profitability and invest in AI-driven efficiencies. Th...
- TiEcon 2025: Who’s the organiser of Silicon Valley’s biggest AI event?The stage is nearly set for the annual TiEcon event in California, featuring speakers such as Microsoft honcho Satya Nadella, Adobe chief S...
- New players in UPI sweepstakes; Urban Company’s IPO papersHappy Tuesday! In the longstanding UPI battle, fresh players are giving incumbents a tough fight. This and more in today’s ETtech Morning D...
- Dailyhunt parent faces audit heat; Go Digit Q4 resultsAudit firm Deloitte has raised multiple red flags over Dailyhunt parent’s internal controls. This and more in today’s ETtech Top 5.
- ShareChat parent Mohalla Tech reports 33% rise in FY24 operating revenue, 67% fall in Ebitda lossesFor the parent firm of the vernacular social media platform ShareChat and short video app Moj, live streaming contributed 56% to total oper...
- Shareholder nod for Swiggy’s $1.25 billion IPO; Koo halts salariesOnline food delivery major Swiggy has received shareholder approval to go public. This and more in today’s ETtech Top 5.
- Binance’s India comeback; D2C brands spend big for q-commerce presenceDirect-to-consumer (D2C) brands are shelling out high commissions on sales for space on coveted quick-commerce platforms. This and more in ...
- ShareChat valuation drops 60% to under $2 billion post new fundingTwitter and Google-backed homegrown social media firm Sharechat has closed $49 million in debt financing through convertible debentures fro...
- Byju’s defence in NCLT; deep dive into quick-commerce playThe Bengaluru bench of NCLT asked the petitioner – Glas Trust Company LLC – to issue a notice to Byju's for defaulting on payment of the $1...
- SMEs log into local apps for hyperlocal connectSmall businesses across the country are banking on advertising on homegrown apps for a pan India reach. Industry watchers said the short fo...
- View: Raiders and traders of the desertThis was a time when Mecca was the centre of trade, connected to the port city of Jeddah. It was also a pilgrim spot housing many pagan dei...
- Dailyhunt and Josh parent VerSe Innovation to lay off 150As part of a cost-cutting exercise, the company has also cut the salaries of employees earning more than Rs 10 lakh annually by 11%.
- PEs, sovereign funds pick up reins of late-stage tech funding as Tiger, SoftBank go slowTill last year, when the funding boom reached dizzying heights, these late-stage rounds were led by the likes of Tiger Global, SoftBank, Na...
- Tata Digital snags founders, ecomm execs; Quick commerce scores in IPL; VerSe’s $805 million fundraise“As we grow our footprint across the country and demonstrate strength across categories, we continue to augment our team across the board, ...
- Totality Corp raises Rs 13.5 crore from Institutional InvestorsWith Web3 gaming evolving, Totality Corp. is building ZionVerse, a Metaverse platform based on Indian mythology that would combine monetary...
- When courts give tax breaksIn today's ETtech Morning Dispatch: Startups get some relief on angel tax; Big Tech staring at steeper income tax due to India's new social...
- ETtech Morning Dispatch on Feb 24, 2021: Grofers is getting SPACed, Amazon readies NPCI rivalHere's a look at the top tech news to start your day.
- ETtech Morning Dispatch on Feb. 9, 2021: Twitter flies too close to the sun, WhatsApp Pay can't catch a breakHere's a look at the top tech news to start your day.
- ETtech Evening Briefing on Feb 8, 2021: SoftBank's turnaround; Tesla's $1.5 billion crypto betFrom VerSe Innovation bagging over $100 million in fresh funding to SoftBank Vision Fund racking up a record $8 billion profit in the third...
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