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koo acquisition: Koo says in talks for strategic partnership as Dailyhunt eyes acquisition

Mayank Bidawakta announced on LinkedIn that Koo is in discussions for a strategic partnership with multiple partners. VerSe Innovation is in advanced talks to acquire Koo through a share-swap agreement. The potential deal could be finalized within weeks. Koos investors include Tiger Global, Accel, and 3One4 Capital.
Mayank Bidawatka Indian School Of Business Offering College Technology Leadership Sofina Group Verse Innovation

Koo: Microblogging site Koo in talks for acquisition by VerSe Innovation

Koos cofounder Mayank Bidawakta stated in a LinkedIn post that the microblogging platform was in discussions with “multiple partners” for a “strategic partnership”, without giving details about who the firm was engaged in talks with.
Mayank Bidawakta Bidawakta Linkedin Sofina Group Ontario Teacher Pension Fund Certificate Programme In Data Science Machine Indian School Of Business

CaratLane to challenge FEMA violation notice; govt may use DigiLocker for parental consent

CaratLane Trading is under the lens of the Enforcement Directorate (ED) for alleged violation of Foreign Direct Investment (FDI) regulations. The omnichannel retailer has challenged a show-cause notice issued by the investigative authority, sources tell us. This and more in todays Morning Dispatch.
Sumit Gupta Mithun Sacheti Amit Bhasin Noopur Chaturvedi Ibrahim Khatri Jeremy Wenokur

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