New-age firms back on IPO route; no respite for Paytm shares
Online jeweller BlueStone and travel tech platform Ixigo are planning to list on the public bourses. Details of this and more in todays ETtech Top 5.
Source: indiatimes.com
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RBI's new diktat on commercial card payments; Google, WhatsApp in fresh face-off
Indias central bank has asked Visa and Mastercard to stop card-based commercial payments made by corporations. This and more in todays ETtech Top 5.
Source: indiatimes.com
Macquarie downgrades Paytm; Upgrad's IPO plans
Global brokerage Macquarie has downgraded Patyms stock and slashed its target price following the recent action by the central bank. This and more in todays ETtech Top 5.
Source: indiatimes.com
Upgrad: Edtech Upgrad aims for IPO in two years - The Economic Times
Cofounder and managing director Mayank Kumar said the company will go for an IPO once it reaches milestones such as achieving $750 million in revenue, maintaining an 80% gross margin, and sustaining a 50% net margin.
Source: indiatimes.com
UpGrad appoints Ankur Nyati as president of 'study abroad' segment
Nyati has worked for more than two decades across domains like manufacturing, retail, e-commerce, and education. He has held leadership positions at ITC, Unilever, Flipkart, Ola, Ola UK, WhiteHat Jr, and The Manipal Group, among others, according to the press release.
Source: indiatimes.com