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PHONEPE WEALTHDESK DEAL
Ola loses appetite for cloud kitchens; Meta sued for ‘hiring bias’ against US citizensOla is scaling back and looking to sell most of its kitchen equipment.19 May, 2022, 07.14 AM IST- Walmart-backed PhonePe set to acquire WealthDesk, OpenQ for $75 millionPhonePe, which had also applied for a mutual fund license with the Securities and Exchange Board of India (Sebi) last December, will acquir...18 May, 2022, 07.34 PM IST
- Vedantu to sack another 424 employees; PhonePe to buy WealthDesk, OpenQ for $75MEdtech unicorn Vedantu said it is laying off another 424 employees – about 7% of its workforce – just days after sacking 200 contractual an...18 May, 2022, 07.23 PM IST
- Walmart buys way into India wealth management to take on AmazonPhonePe will buy WealthDesk for about $50 million and OpenQ for nearly $25 million, two sources directly aware of the matter said on Tuesda...18 May, 2022, 10.23 AM IST
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