Scottish Mortgage ploughs £72m into crypto wallet provider
Baillie Gifford ponied up $100m in Blockchain.com's latest funding round
Stay updated with breaking news from Lightspeed Ventures. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Baillie Gifford ponied up $100m in Blockchain.com's latest funding round
[Jobs Roundup] Here's how you can work for India's newest social media unicorn ShareChat ShareChat is looking to grow its user base and build a world-class organisation. It is also looking to strengthen its creator community, AI-powered recommendation engine, and platform health. 0 claps ShareChat and its parent company, Mohalla Tech, which also houses short video app $502 million in its latest round of funding and joined the list of India's recent unicorns. The round was led by Lightspeed Ventures and Tiger Global, along with participation from Snap Inc, Twitter, and India Quotient, am...
"Enterprises and cloud service providers are facing serious pains managing complex and expensive infrastructure, a task that has only accelerated as a result of the pandemic. It was this issue that led us to develop Pensando and give anyone the ability to build a better cloud," said Soni Jiandani, Chief Business Officer at Pensando Systems. "We greatly appreciate the time ESG took to meet with our existing customers and quantify the value the Pensando Distributed Services platform delivers to our enterprise customers and cloud partners." IT Organizations Faces More Challenges Than Ever Multi...
Infotech > E-business Byju's acquires Aakash Educational Services for nearly $1 billion 06 April 2021 Online learning app Byju’s has acquired coaching centre chain Aakash Educational Services for nearly $1 billion, as part of its move to consolidate leadership position in the online coaching business and making its presence in the offline market. Baiju’s, which is currently valued at $13 billion, after last year’s fund raising of $1 billion, is reported to have paid close to $1 billion (about $600 million in cash and the rest in stock) for the acquisition which is one of the largest in ...
We start with the much-anticipated deal between Indonesia’s two most valuable startups. Gojek and Tokopedia have sought approval from their respective shareholders to seal a merger deal after both companies’ boards gave the green light for the transaction. Once shareholder approval is obtained, the two companies will move to complete the transaction in a matter of weeks. A deal between super app Gojek, valued at $10.5 billion, and e-commerce unicorn Tokopedia, valued at $7.5 billion, would be by far the largest M&A deal ever to be seen in Indonesia’s tech sector. Another Indonesian un...