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We'll soon meet in your inbox. Please wait... “The proceeds will be used for curriculum and product innovation. Our goal is to continue to reach more schools and students,” said Sumeet Mehta, CEO and co-founder, Lead School, in an interview with ET. Last year in August, the company had picked up $28 million in a funding round led by WestBridge Capital and Elevar Equity. WestBridge is also an investor in Vedantu, an online tutoring platform. Lead School has partnered with over 2,000 schools. “The goal is to reach 25,000 schools in the next five years,” Mehta said. It has been focused ...

How Mark Zuckerberg and Tim Cook became foes SECTIONS Last Updated: Apr 26, 2021, 07:32 PM IST Share PTI SAN FRANCISCO — At a confab for tech and media moguls in Sun Valley, Idaho, in July 2019, Tim Cook of Apple and Mark Zuckerberg of Facebook sat down to repair their fraying relationship. For years, the CEOs had met annually at the conference, which was held by the investment bank Allen & Co., to catch up. But this time, Facebook was grappling with a data privacy scandal. Zuckerberg had been blasted by lawmakers, regulators and executives — including Cook — for letting the information...

More and more people calling in sick even as demand hits a high

Offline traders up in arms over Karnataka's move to allow only e-commerce on weekdays SECTIONS Last Updated: Apr 23, 2021, 11:08 PM IST Share Synopsis They were all asked to close their businesses by the police on Thursday citing an amended notification which caught both businessmen and transporters by surprise ETRetail Offline traders have erupted in anger over Karnataka's decision to allow only e-commerce companies to deliver all items on weekdays during the period of partial lock extending up to May 4. They were all asked to close their businesses by the police on Thursday citing an amende...

Mamaearth eyes $80-100 million at $350-400 million valuation SECTIONS Share Synopsis Mamaearth began with a focus on baby-care products, but has pivoted to become a personal care brand. Sequoia and Fireside may lead round, say sources. ETtech Illustration: Rahul Awasthi Direct-to-consumer personal care brand Mamaearth is raising $80-100 million (Rs 600-750 crore) from its existing investors, valuing the company at $350-400 million. Sequoia Capital and Fireside ventures might be leading this round, people with knowledge of the development said. Liking this story? SUBSCRIBE We'll soon meet in y...