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Tech startups turn hiring switch on for Lido Learning employees

TMT

04 March, 2022

Tech startups turn hiring switch on for Lido Learning employees

Technology startups, including some of the country’s top edtech and other software firms, have begun onboarding employees from Lido Learning ......

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Inside the collapse of Ronnie Screwvala-backed Lido Learning

Consumer

22 February, 2022

Inside the collapse of Ronnie Screwvala-backed Lido Learning

Priyanka Pansari, an assistant manager at Lido Learning, is shattered that her company no longer needs her services. The 24-year-old, ......

Healthcare platform GOQii raises $50 mn led by Sumeru Ventures

Healthcare

16 February, 2022

Healthcare platform GOQii raises $50 mn led by Sumeru Ventures

GOQii Inc, a tech-enabled healthcare platform, on Wednesday said it has raised $50 million (around Rs 375 crore) in a ......

Paytm to shut Canada B2C app amid eroding market capitalisation

Finance

14 January, 2022

Paytm to shut Canada B2C app amid eroding market capitalisation

One97 Communications Ltd, parent of online mobile payments firm Paytm, which has seen its market capitalisation erode since its public debut in November, will be shutting down its business-to-consumer (B2C) mobile ......

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Three  senior  Paytm execs  put in papers

Finance

23 December, 2021

Three  senior  Paytm execs  put in papers

Three senior executives have resigned from Paytm, two people aware of the matter said, adding to a series of departures ......

Social network Zorro gets $3.2 mn seed funding from 15 unicorn founders

TMT

10 December, 2021

Social network Zorro gets $3.2 mn seed funding from 15 unicorn founders

Zorro Internet Pvt Ltd, which operates a pseudonymous social network, has raised $3.2 million (around Rs 24 crore) in a ......

BlackRock, Canada Pension buy more Paytm stock after rout: Report

Markets

25 November, 2021

BlackRock, Canada Pension buy more Paytm stock after rout: Report

Several existing investors in Paytm’s initial public offering (IPO) increased their stakes in the Indian fintech giant , even after ......

Paytm's Vijay Shekhar Sharma's wealth erodes by $781 mn in two sessions

People

22 November, 2021

Paytm's Vijay Shekhar Sharma's wealth erodes by $781 mn in two sessions

Vijay Shekhar Sharma's wealth eroded over $781 million in two sessions after One97 Communications Ltd, the parent company which owns ......

'It's only day one of trade and should not be judged as the reference point for Paytm': Vijay  Shekhar  Sharma

TMT

18 November, 2021

'It's only day one of trade and should not be judged as the reference point for Paytm': Vijay Shekhar Sharma

The pre-IPO hype around Paytm, owned and operated by One97 Communications Ltd, failed to live up to expectations on the ......

Macquarie initiates underperform rating on Paytm; cuts target price by 40%

Finance

18 November, 2021

Macquarie initiates underperform rating on Paytm; cuts target price by 40%

Brokerage firm Macquarie Research has initiated an "underperform" rating on Paytm owner One97 Communications saying its business model lacks focus ......