Unacademy acquires programming platform CodeChef
Bengaluru-based edtech platform Unacademy has reportedly acquired the programming platform CodeChef. Gaurav Munjal, the founder of Unacademy...
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Reliance gets debt-free – Mukesh Ambani is now 9th richest person globally
As COVID-19 pounced the Indian stock markets, Mukesh Ambani of Reliance Industries in April lost $13.2 billion in his wealth. Fortunately, he has revived...
MaxWholesale raises funding from IAN and Abu Dhabi’s Al Falaj
New Delhi-based B2B e-commerce platform on Friday (19 June) raised INR 4.43 crore (around $0.6 million) from Abu Dhabi's Al Falaj Commercial Investment
Zomato cancels acquisition of drone startup TechEagle
TechEagle, a Lucknow-based drone startup which was acquihired by the foodtech giant Zomato has got its acquisition deal cancelled.
Noon Academy – Saudi’s edtech platform raised $13 Mn funding
Riyadh, Saudi Arabia-based edtech startup Noon Academy today announced that the company has raised $13 million in a Pre-Series B round
India’s InCred acquires digital lending platform Qbera
Mumbai-based InCred, an NBFC that provides loans digitally such as home loans, business loans and personal loans has acquired Qbera
o9 Solutions raises $100 Mn funding from Kohlberg Kravis Roberts
o9 Solutions is an integrated business planning solutions provider headquartered in Texas, US. The company today announced that it has raised $100 million
ADIO invests in Shorooq Partners’ Bedaya Fund to elevate access to funding for startups in Abu Dhabi
The Abu Dhabi Investment Offic (ADIO) has invested in Shorooq Partners' Bedaya Fund in a move to create funding opportunities for Abu Dhabi-based startups.
Careem invests $50 Mn in its new Super App as a part of COVID-19 revival plans
Dubai, UAE-based ride-hailing unicorn Careem has reportedly launched its Super App across 13 markets and invested $50 million in the same.
UAE’s Al Tayer Group shuts down its e-tailer Nisnass
UAE-based Al Tayer Group has recently announced that its e-tailer Nisnass will close down its operations from July 16.
Airtel invests in edtech startup Lattu Media for 10% stake
The telecom major Bharti Airtel yesterday announced that it has invested an undisclosed amount in the Mumbai-based edtech startup Lattu Media
OkCredit raises INR 80 Cr funding from its parent entity
Haryana-based OKCredit last week announced that the company has raised INR 80 crore (around over $10 million) from its parent entity, OkTech Inc.