The deal would further sideline co-founder Adam Neumann, who resigned as chief executive last month but still wields influence over the company because his shares carry higher voting power.
The company said it is interested in companies that solve unmet need in patient care, new drug delivery systems and medical records.
In this episode of the Setting Sail podcast, Mothey talks to Moneycontrol's Priyanka Sahay on why Paytm supports the culture of entrepreneurship inside as well as outside the company.
Ankit Bhati and Bhavish Agarwal co-founded Ola in 2010, the former has been the company's chief technology officer.
The platform is also looking to attract more local sellers.
Unfortunately, being a service, reducing the price of private education isn’t straightforward.
The device costs just Rs 4,000 after discounts on popular e-commerce platforms. The low cost of the device and negligible operating costs will enable clinics to offer ECG for free as a point-of-care (PoC) diagnostic test.
Rohit Kapoor, CEO at Oyo Life talks about the company's expansion plans and how the current generation's mantra of being asset light is one of the prime reasons behind the growth of the shared economy.
A significant part of the funds will be diverted towards continued growth in OYO's fastest-growing market the United States, and in strengthening the company's position in the vacation rentals business in Europe.
To be launched around Diwali, restaurant commissions to be key battleground
The company last year raised $1 million from a group of investors, including Rahul Maroli, Vice-President of Ola, Mitesh Shah, Head - Finance, BookMyShow, among others.
According to the founders, this is an all-primary round with no investor exiting the company. NoBroker counts SAIF Partners and BEENEXT among some of its other existing investors
While absence of paperwork is the ostensible reason for the application running into trouble, sources said CCI is concerned about the competitive impact of car companies investing in ride-hailing apps
Kerala Startup Mission (KSUM) has selected retail and fashion sector conglomerate Future Group as their market access partner
Hundreds of millions of hardworking, responsible, and essentially credit-worthy Indians are not served by formal or organised-sector financial markets.
Kumar became popular after appearing in a series of ads for Trivago, where he was working with the company as its country developer for the Indian market.
The company plans to use the funds to solve problems of fungal disease, bacterial infection, soil hydration, canopy cover and weather assessment using proprietary technology.
The group is very bullish about India market and believes that when markets are slow they provide new opportunities, its chief executive officer and director Sindhu Bhaskar said in a statement.
The company is also testing out a new wireless feature that verifies the right cab using ultrasound waves
There will also be a spurt in the number of online shoppers during the said period, which is expected to rise 60 percent year-on-year to 32 million.
Softbank-invested WeWork’s IPO hit a bump due to valuations that seemed too high. A share buy-back by founder helped Oyo’s valuation jump three-fold within a year.
Not too long ago, mutual fund investment was perceived to be for the rich alone. But now with ample awareness around the subject, the focus has shifted to make it a more inclusive affair.
Uber will be offering its riders up to Rs 5 lakh in case of death or permanent disability due to an accident, up to Rs 2 lakh coverage for hospitalisation and Rs 50,000 in case of an outpaitient scenario.
Seventeen years ago, IIT-Delhi’s first startup was born. Its journey is a mirror to India’s startup ecosystem. What happened to Kritikal matters because it is a window to a larger story about the world of Indian startups. Running a business in India is hard.
The move comes after the financial services startup turned public limited in early-2019