NBFC co-lending biz under scrutiny; P2P startups eye revampHappy Friday! Fintechs with co-lending partnerships may face stress after RBI's action on Navi and DMI Finance. This and more in today’s ET...
ET Startup Awards 2024: Nominees for Midas TouchThe award will recognise the most lucrative exit in the year. The decision will be made based on the volume of deals as well as the size of...
Byju’s struggle to find cash continues; IAMAI drops some gaming firms for IT MoS meetDesperate times call for desperate remedies. Cash-starved Byju’s is now likely to use part of the proceeds from the Epic sale to keep its p...
Prosus writes off Byju's stake; Swiggy, PayU India report cardDutch investment major Prosus said its investment in Byju’s is worth zero. This and more in today’s ETtech Top 5.
Oyo may pause IPO plans; GSV Ventures' Deborah Quazzo on Byju's and edtechOyo's initial IPO attempt hit a snag in January 2023 when the regulator sent its papers back for revisions. Following this, the SoftBank-ba...
Byju’s Jiny Thattil elevated to CTO; TCS faces $210 million penalty in USEdtech major Byju's on Monday elevated senior executive Jiny Thattil to the role of chief technology officer. This and more in today’s ETte...
ED finds Rs 9,000 crore forex violations by Byju’s, company denies findings; Tesla's India ride soonIndia's federal financial probe agency Enforcement Directorate (ED) has found that troubled edtech firm Byju's has allegedly violated provi...
No ‘continuous consent’ for apps; Byju’s $1.2 bn loan terms to be amendedThe government is planning to do away with the concept of ‘continuous consent’ for applications and digital services by making it mandatory...
Startups need better business model to tide over funding woes: ExpertsStartups need to come up with more economically sustainable business model and tighten their belts to tide over situation created by drop i...
Ripple effects of Byju’s crisis; Foxconn pings others as Vedanta JV stallsThe crisis at Byju’s is experienced first-hand by its employees, who now stare at an uncertain future as their employer battles one problem...
Banks, lenders wary as RBI tags C-KYC high risk; Snap bulking up India team in monetisation pushCentralised Know Your Customer (C-KYC) database, which was conceived as a solution to KYC challenges faced by financial institutions, has b...
Allen Career Institute appoints former Meta executive Abha Maheshwari as CEO of edtech bizHaving entered the edtech sector in June last year, Allen wants to provide digital learning modules and crash courses for IIT Joint Entranc...
Zomato trims Q4 losses, aims to turn fully profitable in a year; Delhivery quarterly revenue slips, loss widensTwo important financial results were released today in the listed technology world. Zomato’s revenue rose 70% as it cut losses during the f...
Motion Education plans Rs 100 cr investment to scale up biz in hybrid mode, edtech forayThe company has roped in 300 people for the edtech segment which it plans to double over next two-and-a-half years to 600 people and scale ...
Big get bigger as select startups gain most amid funding boomData sourced by ET from industry tracker Venture Intelligence showed that almost 50% of the $24.5 billion in total funds raised by Indian s...
Vedantu brings on board Mohit Mathur as biz excellence headIn his new role, Mathur will bring in process and operating model efficiencies to build a fast growth trajectory
Bulls unstoppable for 5th day on Dalal Street; Nifty eyeing 14KThe 30-share pack Sensex climbed 259.33 points or 0.55 per cent to 47,613.08. Its broader peer Nifty 50 advanced 59.40 points or 0.43 per c...