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Corporate

Corporate

Paytm founder and CEO Vijay Shekhar Sharma

Paytm boss Vijay Shekhar Sharma to get ESOPs for first time before IPO

Sep 24, 2021

The Esops for Shekhar comes when the company is wrapping up the final number of shares that will become part of its proposed ₹16,600 crore IPO

To prepare for GIF 2021, Amazon India has created more than 110,000 seasonal job opportunities across its operations network

Amazon's 'Great Indian Festival' to begin on Oct 4; over 75,000 local shops to participate

Sep 24, 2021

Furthering its commitment to support Small Medium Businesses (SMBs), the e-commerce giant has stated that Amazon GIF 2021 is dedicated to 8.5 lakh small sellers including over 75,000 local shops from 450 cities

Shares of Indiabulls Housing Finance Limited opened 0.78 per cent higher at Rs 231.50 against the previous close of Rs 229.75 on BSE

Indiabulls Housing Finance repays NCDs worth over Rs 7,000 cr in Sept

Sep 24, 2021

The country's second-largest housing finance company also said that the repayment of the public NCDs was done ahead of the scheduled repayment dates

Founded in 2018, GEF was spun out of the US-based Global Environment Fund

GEF Capital Partners to pump in Rs 200 cr in Hyderabad-based Premier Energies

Sep 24, 2021

Premier Energies will use the funds as growth capital to enhance its solar PV cell and module manufacturing capacity

Adani Group issues clarification on NDTV buyout reports

‘Factually incorrect’: Adani Group responds to reports on NDTV buyout

Sep 24, 2021

"We would like to submit that there is no such development and therefore, the abovementioned news item is factually incorrect," said the group

Fittr will continue its extensive efforts to provide better experience to its consumers through the community-first approach

Fittr raises $11.5 mn in series A funding round led by Dream Capital, Elysian Park Ventures

Sep 23, 2021

Capital raised will be utilised to speed up Fittr’s growth and expansion into international markets while continuing to make the Indian population aware about health and fitness

According to a statement released by Indian Angel Network (IAN), it will also look to hire key talent from the culinary world and build brand awareness.

Auntie Fung’s raises 3.35 cr in angel funding; plans to open cloud kitchens

Sep 23, 2021

Auntie Fung’s plans to use the freshly infused capital to open new cloud kitchens.

Freshworks Co-founder and CEO Girish Mathrubootham

'Freshworks wasn't supposed to win': CEO Girish Mathrubootham after Nasdaq listing

Sep 23, 2021

Freshworks had started from a 700-square-foot warehouse in Chennai in 2010. Mathrubootham explained the idea behind his startup was to create a "fresh" helpdesk in response to poor customer service he experienced

Founded in 2019 by Pei-fu Hsieh, Amit Jangir, Kartik Jain and Sunil Sinha, Karbon was selected by Y Combinator in the Summer 2021 batch and had earlier raised $3.5 million from Orios Venture Partner and US-based 2AM VC

Y Combinator-backed Indian start-up Karbon raises $12 million in pre-Series A round

Sep 23, 2021

The start-up has managed to get 1,500 clients in less than two years of its launch while reporting a 30 per cent month-on-month growth in revenues

The government's decision is prompted by stern observations on the deep haircuts of 90-95 per cent taken in some of the recent resolution cases

IBBI board to discuss CoC Code of Ethics next week; may get notified by Oct

Sep 23, 2021

In the entire insolvency ecosystem, the CoCs are the only bodies, which do not have any regulation. Other players like insolvency professionals and valuation professionals are guided by statutory regulations

Mathrubootham, who hails from Trichy, had grown up watching Rajnikanth's films

Freshworks CEO finds inspiration in Rajinikanth as firm lists on Nasdaq

Sep 23, 2021

On the occasion of the firm's Nasdaq listing, Freshworks CEO Girish Mathrubootham quoted a famous Rajnikanth dialogue to summarise the journey of his company thus far