Advertisements Control One AI, an AI first Robotics startup has raised USD 350,000 from a group investors in the United States and India. The roster of investors include names such as Kunal Shah (Founder, CRED), Chaitanya R (Co-founder, Wakefit) and… Read More ›
Investors
Investors Unanimously Remove Byju Raveendran As CEO In EGM
Advertisements A majority of investors in Byju’s parent Think & Learn (T&L) have voted to remove founder Byju Raveendran as CEO and make changes to the board, which includes his wife Divya Gokulnath and brother Riju Raveendran. According to media… Read More ›
Investors File Oppression, Mismanagement Lawsuit Against Byju’s
Advertisements A group of four investors in Byju’s led by Dutch investment firm Prosus, which owns over 9 per cent in the company, on Friday, moved the Bengaluru bench of the National Company Law Tribunal (NCLT), filing a petition for… Read More ›
Disruption Allegations Surface in Byju’s EGM
Advertisements Investors in edtech firm Byju’s parent Think & Learn faced alleged disruptions during Friday’s extraordinary general meeting (EGM). According to attendees (told to a media firm), the virtual call, which commenced an hour late, was interrupted by unidentified users… Read More ›
Wearable-tech: Still Headroom Left For Investing?
Advertisements Even ten years ago wearable technology in India constituted just fancy headsets, but that has changed and at a rapid pace. In the 2023 calendar year International Data Corporation (IDC) data suggests a record 134 million units sales in… Read More ›
IIMA Ventures, Others Invest Rs 3.6 Cr In Basil’s Seed Round
Advertisements Consumer Houseware startup, Basil today raised Rs 3.6 crore seed funding co-led by IIMA Ventures (formerly IIMA-CIIE) and Appreciate Capital. The round also saw participation from prominent angel investors such as Mohit Sadaani (Co-Founder, The Moms Co.), Aprameya Radhakrishna… Read More ›
Campus Fund, Others Invest In Spacetech Startup EtheralX
Advertisements EtherealX, a spacetech startup specialising in reusable launch vehicles for satellites, has secured its inaugural institutional funding round with participation from investors such as Campus Fund, BlueHill Capital and Riceberg Ventures, according to media reports. Although the exact funding… Read More ›
Byju’s Credits January Salaries, Blames A Few Investors For Delay
Advertisements Troubled edtech major Byju’s told employees that it has credited January’s salaries as of Sunday. Raveendran told employees in an email that he has been moving mountains for months to make payroll, and this time, the struggle was even… Read More ›
BNP Paribas Takes Home Profit, Sells Shares Of Paytm, Policybazaar
Advertisements In an interesting trading session last week, listed startups Paytm and Policybazaar saw major sell-offs. Financial service company BNP Paribas, in multiple block deals, sold shares in the two startups. As per the data available with the exchanges, BNP… Read More ›
Investors Lens: Emerging Sunshine Sectors In 2024
Advertisements Vishesh Rajaram The author is Founding Partner at Speciale Invest. India is witnessing rapid growth across several sectors that are poised to have a significant impact on the country’s economy and global sustainability initiatives. These include open-source GenAI, climate… Read More ›