Byju's crisis ⚠️, Infosys 🤝🏻 Danske Bank
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Tech Updates
Byju’s promises to file FY21-22 financial results by September
Byju's crisis plays up digital lenders’ asset quality problem
Infosys enters into a strategic partnership with Danske Bank
Go First lenders approve Rs 450 crore interim funding
Volvo Cars India aims to go fully electric ahead of the 2030 global target
Foxconn pings other business houses as Vedanta chip Joint Venture stalls
Accenture signs up $100 mn Generative AI projects in 4 months
Golden Sparrow launches India-focused VC Fund
Funding Deals
Mumbai-based Mainstreet Marketplace, a platform for sneakerheads to buy and resell shoes, has closed a $2 million (around Rs 16 crore) seed funding round from a clutch of investors.
Participants in the round include Zomato CEO Deepinder Goyal’s First Lap LLP, Zerodha cofounder Nikhil Kamath and Abhijeet Pai’s venture fund Gruhas Proptech, Udaan co-founder Sujeet Kumar, Spotify India MD Amarjit Singh Batra, and several other angel investors and social media influencers.
Tweet of the day🐥
“ They laugh at me because I'm different. I laugh at them because they're all the same.”
- Kurt Cobain
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