meesho: WestBridge Capital to pick up secondary stake in Meesho at around $3 billion
The Indian fund which has backed companies like Freshworks, Dealshare and PhysicsWallah is in talks to pick up about 2% stake in Meesho.
Source: indiatimes.com
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funding: ETtech Deals Digest: September brings some cheer as funding more than doubles sequentially
As the sequential rise provided a respite during a funding decline, September fared relatively better in terms of year-over-year comparison, down only about 8% from the total deal value in September 2022.
Source: indiatimes.com
yelp: Texas sues Yelp over notices about crisis pregnancy centers
In the lawsuit, filed in the district court of Bastrop County, Texas, Paxton, a Republican, accused the California-based company of violating a Texas law against unfair business practices.
Source: indiatimes.com
openai: Writers suing OpenAI fire back at company's copyright defense
Copyright owners have filed several recent lawsuits against tech companies including Meta Platforms, Stability AI and OpenAI over the use of their work to train generative AI software.
Source: indiatimes.com
gst: Karnataka notifies GST Ordinance to tax online money games at 28%
The state took the ordinance route in view of the urgency to meet the October 1 deadline the GST Council has set to roll out the new tax rate. The Centre has already completed its part by amending the laws, by placing the bills before Parliament last month.
Source: indiatimes.com