Tag: Daily Capsule

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Edtech acquisitions take the slow lane

Hello,Online broker Upstox achieved breakeven in FY23, with overall revenue crossing Rs 1,000 crore. The company is aiming for a 10x...

Putting India on the world animation map

Hello,In its boldest move since the Hindenberg drama, Gautam Adani's group is raising Rs 21,000 crore (over $2.5 billion) through a...

ReFit-ting the refurbished device market

Hello,Winter is continuing, and startups are still losing their valuations. This time, Neuberger Berman has slashed its investments in Pharmeasy and Pine...

SoftBank is still losing money

Team YS ( ) First, layoffs. Then, no hikes.In the latest cost management measure, tech giant Microsoft will not raise pay for...

Charging infra for commercial EVs

Team YS ( ) Hello,“I am not feeling it anymore,” Prosus to PayU… probably. The investment firm is exploring potential divestments from its fintech...

Swiggy, Zomato have a new competitor

Team YS ( ) Hello,Looks like Swiggy has bitten off more than it can chew.US-based investment management firm Invesco has slashed the...