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Walmart will boost Flipkart with $3 bn to challenge rivals

TMT

26 October, 2022

Walmart will boost Flipkart with $3 bn to challenge rivals

Flipkart, the e-commerce platform operated by Walmart Inc., is considering raising $2-3 billion at a valuation of more than $40 ......

Oyo's Maninder Gulati, Better Capital, others back SaaS firm UserStudy

TMT

07 September, 2022

Oyo's Maninder Gulati, Better Capital, others back SaaS firm UserStudy

UXR Technologies Private Limited, which runs software-as-a-service (SaaS) startup UserStudy, on Wednesday said it has secured pre-seed funding of $1 ......

Analysis: Investors bet growth stocks will do well in US recession

Finance

01 July, 2022

Analysis: Investors bet growth stocks will do well in US recession

Concerns about a possible US recession are prompting some fund managers to rotate back into the big tech and growth ......

Persistent Systems to buy US-based Data Glove for $91 mn

TMT

10 February, 2022

Persistent Systems to buy US-based Data Glove for $91 mn

IT services firm Persistent Systems Ltd said on Thursday it has entered into a pact to buy New Jersey-based Data ......

SoftBank-backed OYO valued at $9.6 bn as Microsoft invests $5 mn

TMT

20 August, 2021

SoftBank-backed OYO valued at $9.6 bn as Microsoft invests $5 mn

Microsoft Corporation has invested nearly $5 million (Rs 37 crore) in Ahmedabad-based Oravel Stays which owns and operates budget hospitality ......

Microsoft looks to tap into Oyo before its potential IPO

TMT

30 July, 2021

Microsoft looks to tap into Oyo before its potential IPO

Microsoft Corp is in advanced talks to invest in Indian hotel chain Oyo at a $9 billion valuation, a source ......

Microsoft names CEO Satya Nadella as chairman

People

17 June, 2021

Microsoft names CEO Satya Nadella as chairman

Microsoft Corp on Wednesday named Chief Executive Officer Satya Nadella as its new chairman, in place of John Thompson. Nadella, who ......

Walmart to join hands with Microsoft to bid for TikTok's US biz

TMT

28 August, 2020

Walmart to join hands with Microsoft to bid for TikTok's US biz

Walmart Inc said it was joining Microsoft in a bid for social media company TikTok's U.S. assets, revealing its plans hours ......

Grapevine: Microsoft may invest in Paytm; Union Bank may pare stake in insurance JV

General

27 April, 2020

Grapevine: Microsoft may invest in Paytm; Union Bank may pare stake in insurance JV

Digital payments firm Paytm is in talks with US technology giant Microsoft to raise $100 million (about Rs 760 crore ......

Microsoft's corporate venture fund to lead Series D funding in FarEye

TMT

08 April, 2020

Microsoft's corporate venture fund to lead Series D funding in FarEye

RoboticWares Pvt. Ltd, which runs logistics management startup FarEye, is raising $24.5 million (around Rs 185 crore) in its Series ......