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Toppr launches live classes to boost growth

Toppr runs an app providing education content for students from Class 5 to Class 12.

Toppr has 100,000 paid subscribers, and claims to have doubled revenue and subscriptions in the past year.(Indranil Bhoumik/Mint)
Updated on Aug 26, 2019 09:06 PM IST
Hindustan Times, Mumbai | ByM. Sriram

With fresh $210 million funding, Swiggy now a unicorn startup like Zomato

The financing values the four-year-old startup at well over $1 billion, according to people familiar with the deal. That makes Swiggy the second unicorn to emerge from the segment.

Founded in 2014, Swiggy has over 35,000 restaurant partners and 40,000 delivery executives spread across 15 cities.(Hemant Mishra/Mint)
Updated on Jun 21, 2018 04:34 PM IST
Bloomberg | BySaritha Rai

Why India’s investors need to get over their inferiority complex

Flipkart tried hard to raise money locally but was ridiculed and turned away, leaving only the foreign giants to rescue it. This pattern will repeat itself until India’s investors realise that the best opportunities are not in Silicon Valley but at home.

Walmart’s acquisition of Flipkart has created shockwaves in India, with the realisation that the vast majority of its $16 billion price will go to foreign investors, namely Tiger Global, SoftBank, Naspers, and Accel Partner(Reuter File Photo)
Updated on May 24, 2018 07:46 AM IST
ByVivek Wadhwa

2 days after announcing Flipkart-Walmart deal, SoftBank undecided on selling stake

SoftBank is yet to take a call on exiting Flipkart. The factors that hold key to the decision include the tax SoftBank has to pay on profits it would earn from such share sale, sources with direct knowledge of the matter said.

On May 9, hours before Walmart was scheduled to announce the Flipkart acquisition, SoftBank chief executive Masayoshi Son told an investor call on his company’s earnings that Walmart had agreed to buy a controlling stake in the Indian e-commerce company.(Noriko Hayashi/Bloomberg)
Updated on May 11, 2018 01:41 PM IST
Press Trust of India, New Delhi | ByPress Trust of India

Walmart may bring along Google as partner and investor in bid for Flipkart

Walmart will buy at least 55% of Flipkart at a valuation of $20-21 billion, but the stake could end up being higher by the time the deal closes.

Flipkart’s board has virtually given the green light to the sale to Walmart and the deal is expected to close in a few weeks.(Hemant Mishra/MInt File)
Updated on May 05, 2018 11:12 AM IST
Livemint, Bengaluru | ByAnirban Sen
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