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Moneycontrol

Sriram Mani

Senior Correspondent

Moneycontrol.com

Book review | Super Pumped: The Battle for Uber by Mike Isaac

BUSINESS

Book review | Super Pumped: The Battle for Uber by Mike Isaac

Isaac’s story is more a story of Kalanick, and less of Uber, and it could be argued that no matter the company, a good story is always about a person

What is holding back India’s healthtech sector?

BUSINESS

What is holding back India’s healthtech sector?

Coronavirus outbreak has given a boost to business but it is not enough as questions remain over fundamentals and the profitability of the sector in which margins are low and competition intense.

Last quarter, Uber Eats made more money than its cabs

BUSINESS

Last quarter, Uber Eats made more money than its cabs

The results are a pleasant surprise considering Uber CEO Dara Khosrowshahi, in a quest for profits, has sold loss-making Eats units in a dozen markets, including in India

Uber to hire 140 engineers in Bengaluru, Hyderabad

BUSINESS

Uber to hire 140 engineers in Bengaluru, Hyderabad

Uber is hiring engineers in the fields of rider and driver growth, delivery, marketplace, customer service, digital payments, risk and compliance, safety and financial technology.

DST Global in talks to lead $400 million funding round in Byju’s

BUSINESS

DST Global in talks to lead $400 million funding round in Byju’s

Investment firm led by Israeli-Russian billionaire Yuri Milner is in advanced talks to lead an investment in the online education firm at a valuation of $10.5 billion.

Is Byju’s real worth over $10 billion, what is its true worth and other key questions answered

BUSINESS

Is Byju’s real worth over $10 billion, what is its true worth and other key questions answered

A spokesperson for Byju’s clarifies that there is no liquidation preference or anti-dilution protection on any of the shares and so there is no difference between the primary and secondary shares. All the shares have the same value.

Toppr raises Rs 350 crore Series D funding from Foundation Holdings

BUSINESS

Toppr raises Rs 350 crore Series D funding from Foundation Holdings

The startup will use the money to develop an operating system to provide a standardised in-school and after-school learning experience. 

Exclusive: Sequoia India loses senior executive

BUSINESS

Exclusive: Sequoia India loses senior executive

The executive has not decided her next career move yet but will possibly continue early stage biotech investing elsewhere

Book Review | Facebook: The Inside Story by Steven Levy

TRENDS

Book Review | Facebook: The Inside Story by Steven Levy

American technology journalist Levy, a veteran of half a dozen books and Editor-at-large for Wired, got unprecedented access to Zuckerberg.

Coronavirus puts founder-VC relationship to the test

STARTUP

Coronavirus puts founder-VC relationship to the test

Video calls and online conferencing can never be a substitute when it comes to convincing potential investors, say founders. At stakes now are tough decisions like laying off employees, saying no to potential deals and postponing funding rounds.

Fourth Partner Energy raises $15 million from Swiss investor responsAbility

BUSINESS

Fourth Partner Energy raises $15 million from Swiss investor responsAbility

This is the Zurich-based investor's third round of debt in the solar company, after earlier rounds in 2016 and 2017.

Exclusive | PharmEasy in talks to acquire Medlife for $200 million

BUSINESS

Exclusive | PharmEasy in talks to acquire Medlife for $200 million

Medlife has been looking to raise $100-150 million in growth capital for over a year but has not found an investor.

Inside India's online education boom

BUSINESS

Inside India's online education boom

Critics say most companies are overvalued and long-term growth is a big question, but industry insiders say it is just the beginning of something big.

Coatue leads $100 million round in Vedantu, valuation jumps to $600 million

BUSINESS

Coatue leads $100 million round in Vedantu, valuation jumps to $600 million

Founded by Vamsi Krishna, Pulkit Jain, Anand Prakash and Saurabh Saxena in 2011, Vedantu currently provides live coaching classes for K12 students, including for entrance exams such as IIT JEE Main and Advanced for engineering and NEET for medical colleges

RIL AGM 2020: Why are sworn rivals Facebook and Google coming together in India’s Jio?

BUSINESS

RIL AGM 2020: Why are sworn rivals Facebook and Google coming together in India’s Jio?

Google and Facebook have competed for ad dollars in every common market they are present- which is much of the planet (barring China).

Exclusive | SoftBank in talks to back Unacademy at $1.2 billion valuation

BUSINESS

Exclusive | SoftBank in talks to back Unacademy at $1.2 billion valuation

If completed, investment could thrust online education platform into unicorn club.

Book review: No Filter: The Inside Story of Instagram - a pacy, breathtaking read

WORLD

Book review: No Filter: The Inside Story of Instagram - a pacy, breathtaking read

Of course, like most technology novels of the past decade, even ones where he does not have an active role, Mark Zuckerberg is the most important factor of this book.

Online teaching is hot skill now, but what does it take to get there?

INDIA

Online teaching is hot skill now, but what does it take to get there?

Vocal intonation, short notes and activities to regain drifting student attention are the key. Many institutes are even hiring actors to train teachers on how to face the camera and on keeping eye contact

Exclusive: Urban Ladder looks for buyer at lower valuation; top VCs may have to take haircut

BUSINESS

Exclusive: Urban Ladder looks for buyer at lower valuation; top VCs may have to take haircut

Its proposed valuation of about Rs 200 crore is only a fraction of the capital it has raised -- over Rs 700 crore from top venture capital funds.

Oyo, Byju-backer Sequoia Capital India raises $1.35 billion across new funds

BUSINESS

Oyo, Byju-backer Sequoia Capital India raises $1.35 billion across new funds

The new fund will allow Sequoia to be aggressive at a time when valuations are relatively low and most other investors don’t have as much capital to deploy, sources told Moneycontrol

Exclusive | Byju’s in talks to acquire coding upstart WhiteHat Jr

BUSINESS

Exclusive | Byju’s in talks to acquire coding upstart WhiteHat Jr

Online learning platform Unacademy, which focuses on test preparation for competitive exams, had also expressed interest, but Byju’s has offered more money to acquire WhiteHat Jr

Exclusive | China a major investor but companies already looking at other sources, says InnoVen Capital CEO Sharma

BUSINESS

Exclusive | China a major investor but companies already looking at other sources, says InnoVen Capital CEO Sharma

There is higher investor interest in sectors enjoying tailwinds due to COVID, for instance, ed-tech, health-tech and ecommerce, says Sharma

Zetwerk raises $21 million in Series C round led by Greenoaks Capital

BUSINESS

Zetwerk raises $21 million in Series C round led by Greenoaks Capital

The B2B startup will use funds for international expansion, launching new products.

Exclusive: Edtech startup Vedantu to raise $100 million, double valuation to $600 million in just 3 months

BUSINESS

Exclusive: Edtech startup Vedantu to raise $100 million, double valuation to $600 million in just 3 months

Vedantu was valued at $280 million in April, according to an Entrackr report.

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