Lido Learning News Today

AI startup Nintee, led by Paras Chopra, closed after struggling to compete with bigger platforms. Funding to be returned. Employees offered roles at Wingify.

Lido Learning bags Rs 41 crore in funding Edtech startup Lido Learning will raise about Rs 41 crore from angel investor Ronnie Screwvala and ZNL Growth Fund Scheme 1. Lido Learning passed a special resolution to approve the allotment of 1,41,493 Series Seed 2 preference shares at an issue price of Rs 2,880 per share

Expedia, BookMyShow signal revival; new rules to make ecommerce fairer : Rashtra News #Expedia #BookMyShow #signal #revival #rules #ecommerce #fairer Travel, events and movies, among the sectors hit hardest by the pandemic, are starting to show signs of a revival. Expedia Group, which saw gross bookings plummet 90% year-on-year in the second quarter of 2020,

Developments at Tata Digital; ride-hailing firms optimistic Our top story today is a round-up of some interesting and significant developments at Tata Digital -- specifically, its new acquisitions BigBasket and 1mg. There's a lot to get to so let's dive right in.Also in this letter:Ride-hailing firms believe the worst is behind themboAt eyes IPO in

With the proliferation of interoperable technology, it was possible to set up startups – activities driven by first-level scalable business ideas. Under company law, a startup is defined as a private company incorporated under it...

Former Zynga India Head Shailesh Daxini had an incredible stint with some top tech global firms before he started his own ventures both of which failed

The Bengaluru-based startup, which raised $18 million since 2020, had laid off 90% of its employees over two rounds to rein in costs in a failing business model, before finally shutting shop in June.

With the global liquidity situation changing, institutional investors were no longer interested in waiting patiently for startups to go hybrid. The pressure of meeting the promised targets and churning out profits even as ground reality turned hostile led several startup founders to cut corners in recognising revenues, reporting financials or painting an all-is-well picture.

Investors are interested in how revenue is accounted for when bookings are finalised, such as whether a straight-line revenue recognition is employed (dividing revenue by the subscription period), how discounts and cancellations are accounted for, and the proportion of revenue derived from subscriptions versus the sale of hardware.

Backed by the glorious 26-year legacy and a strong foundation of values, ethics, excellence, research, innovation and entrepreneurship, Manav Rachna makes sure that students identify their ‘ikigai’ correctly and at the right time.