A new book titled “The Cult of We: WeWork, Adam Neumann, and the Great Startup Delusion” sheds light on the inner workings of WeWork, revealing startling details about the company’s educational venture, WeGrow, and its founder, Adam Neumann, and his wife, Rebekah Neumann. WeGrow’s Unconventional Setting The book unveils the unconventional setting of WeGrow, housed […]
Former Pinterest employee Ifeoma Ozoma has emerged as a prominent figure in advocating against nondisclosure and non-disparagement agreements that muzzle tech workers from discussing instances of workplace misconduct like harassment and discrimination. Following Ozoma’s public disclosure last year regarding racism and discrimination at Pinterest, she has repeatedly defied her own NDA by speaking out about […]
In June 2021, Indian businesses witnessed a significant influx of capital, totaling approximately $4.1 billion across 121 deals, as reported by Aurum Equity Partners. Notably, top investors including Sequoia Capital, Tiger Global, Accel, Blume, and Elevation Capital were prominent players in the investment landscape during the month. Vini Cosmetics Secures $625 Million Investment from KKR […]
Swimply, an app often likened to the “Airbnb for pools,” has experienced a remarkable surge in popularity amid the pandemic, allowing individuals to rent private pools by the hour. Founded in 2018, the platform has witnessed an astounding 4,000% growth over the past year, facilitating over 120,000 bookings as public pools faced closures due to […]
Eruditus, a Mumbai-based edtech company, has secured a remarkable $650 million in its latest funding round led by investment giants Accel and SoftBank. This funding round has propelled Eruditus to a valuation of $3.2 billion, cementing its position as the third highest-valued edtech startup in India. Funding and Valuation The funding round also saw participation […]
Elon Musk, the CEO of Tesla, never fails to surprise with his ambitious ideas. During Tesla’s recent “AI day” event, Musk introduced an unexpected addition to the company’s portfolio: a humanoid robot called the “Tesla Bot.” Standing nearly 6 feet tall, this robot aims to alleviate humans from mundane and repetitive physical tasks, such as […]
Edtech startup Yellow Class has announced a significant milestone, raising $6 million in a Series A funding round led by Elevation Capital. The round saw participation from existing investors India Quotient, Titan Capital, and First Cheque, along with several prominent industry figures. Funding Details and Investors Elevation Capital spearheaded the Series A funding round, highlighting […]
Consumer lending fintech startup Credit Fair has announced a significant milestone, raising $15 million in its seed funding round. The funding, a blend of debt and equity, underscores the growing traction of Credit Fair’s innovative approach to offering financial solutions to Indians. Funding Details and Investors Led by prominent angel investors Anand Ladsariya, CEO of […]
BYJU’s, the Bengaluru-based edtech behemoth, continues its aggressive expansion spree, recently announcing the acquisition of Singapore-headquartered upskilling platform Great Learning for a staggering $600 million. This move comes hot on the heels of BYJU’s acquisition of US-based reading startup Epic for a whopping half a billion dollars. The Deal Breakdown The $600 million deal comprises […]
In the spirit of the holiday weekend, we’re shaking things up a bit with this week’s newsletter. Instead of our regular updates, we’ve curated a selection of our most compelling long reads from the past month. So whether you’re lounging at the beach, hiking in the mountains, or simply relaxing in your backyard, you have […]
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