Byju’s saw its consolidated loss widen to Rs 262 crore in 2019-20 from Rs 8.9 crore in the previous fiscal even as its revenue from operations soared 82.31%, @kaavyachandra reports.
https://t.co/t2vuF02agP
Union Square Ventures and Prime Venture Partners have backed EV startup REVOS with an investment of $4 million in a Series A round. Both are leading VC firms, the first based in New York, and the second in Bengaluru @albertwenger@Primevp_in@TheSwamy @mohit_revos @jyotiranjan111
Revos has received $4 million from US-based Union Square Ventures and Bengaluru-headquartered Prime Venture Partners as part of its Series A round, @kaavyachandra reports.
https://t.co/IZYbJsKIpC
Edtech startup Scaler Academy has acquired online coding platform Coding Elements in an all-cash deal worth about $1 million, @kaavyachandra reports.
https://t.co/vqx2iDJCWR
Karnataka’s taxi and three wheeler drivers are upset over the recent state government decision clearing the way for electric bikes to operate as taxis in the state. https://t.co/cy8OzHdiwj
Karnataka has finally rolled out a scheme to allow electric bike taxi services in the state, effectively ending a standoff between bike taxi operators such as Rapido and the police: https://t.co/6OGyrYz8ag
“To improve the last-mile connectivity in public transport in Bengaluru, it is proposed to implement the electric bike taxi project,” the state govt said in a statement
https://t.co/TjQ2WMmSYQ
Karnataka has finally rolled out a scheme to allow electric bike taxi services in the state, effectively ending a standoff between bike taxi operators such as Rapido and the police: https://t.co/6OGyrYz8ag
https://t.co/1WWdEs4OiT, a digital extracurricular learning platform, has raised $3 million in seed funding to expand its team, for product and content development, and to drive growth.
https://t.co/yeOXmXPO6x
Mumbai-based Eruditus Group, which makes top tier university courses accessible globally, acquires SV-based iD Tech, which offers online coding camps, for $200M (@kaavyachandra / The Economic Times)
https://t.co/hX2UncDd83
https://t.co/L1JSvUtZcx
Thank you. This will help us transform more schools in Tier 2,3,4 towns where it's most needed.
Welcome @deborahquazzo & @gsvventures!
Thank you Sandeep Singhal, Westbridge, @sandeepfarias & @elevarequity!
Proud of @leadschoolindia team!
https://t.co/8MQV7PQBwE via @economictimes
upGrad, the higher education start-up, which includes @RonnieScrewvala among its founders, has raised $120 million from Singapore based investment giant Temasek, in its first effort to raise external funds since it was started in 2015. https://t.co/zZioXsNCd6
@upGrad_edu@ETtech
Hero Group has launched a new edtech startup, Hero Vired, aimed at tapping students who have completed schooling @kaavyachandra https://t.co/LDVgvS7x6X
Hero Future Energies (#HFE) is looking to expand into other regions including South East Asia, Europe and the Americas, @rahulmunjal14, Managing Director, told @ETEnergyWorld's @kaavyachandra in an interview.
Read the full interview here - https://t.co/8oYwf0naNA
The Indian Wind Power Association has filed an Interlocutory Appeal in the Andhra Pradesh High Court against the state's distribution companies for not having paid wind developers since March 2020. https://t.co/wztAh67kCX
The controversy over the power ministry’s decision to restrict net metering in solar rooftop projects has taken a new turn with Nitin Gadkari, writing to his power ministry counterpart, R. K. Singh, urging him to reconsider it. https://t.co/SJG8YGKnX9
With 85-90% of the solar panels used in India imported from China, an increase in prices has worried developers who have won projects that are yet to be commissioned. My follow-up to the August report: https://t.co/1XsWWh0AgL