Edtech Unicorn upGrad Raises $210 Million In Latest Funding
Edtech unicorn, upGrad, has raised $210 million in the latest funding round that has been conducted by prominent investors and family offices, including ETS Global, Bodhi Tree, Singapore’s Kaizen Management Advisors, Bharti Airtel, Narotam Sekhsaria Family Office, Lakshmi Mittal’s Artisan Investments, along with existing investors Temasek, IFC and IFL. upGrad was founded by Ronnie Screwvala…
Toyota Missed April Production Target Due To Parts Shortage
Japan’s largest automobile company Toyota said on Monday that it missed the global production target for April due to the COVID-19 outbreak and parts shortage that slowed its post-pandemic recovery. Toyota is the world’s largest vehicle producer by sales, produced 692,259 vehicles last month, a 9.1% drop from the same month of last year and…
Akasa Air Shares First Picture Of Boeing 737 Max Plane
Rakesh Jhunjhuwala-backed Akasa Air has shared the first picture of its Boeing 737 Max Plane. Akasa Air is expected to receive its first plane by mid-June and plans to launch its operations in July, after a delay of almost two months. The airlines released the first picture of the Max plane from the Boeing production…
Jack Ma’s Firms Sold 43.3% Stake in Paytm For $5.6 Million
Jack Ma’s firms, Alibaba and Ant Financial, back off from Paytm and have sold their 43.3% stake to the company for just $5.5 million (around Rs. 42 crores). In the last round of funding in 2020, the company was valued at $3 billion. From the combined 43.3% stake, Alibaba had 28.35%, and Ant Financials owned…
Doodles NFT Appoints Julian Holguin as New Partner And CEO
Doodles, a leading web3 NFT, media & entertainment brand, announces the appointment of a new partner and CEO. The company named Julian Holguin for this designation, and he will be responsible for talking Doodles imagination vision to scale growth and expansions in the mainstream consumer market across music, culture and entertainment. For this role, Holguin…
Top Advertising Agencies Leading The Digital World In 2022
“A good advertisement is one which sells the product without drawing attention to itself.” – David Ogilvy As technology advances, global advertising is also evolving gradually. Advertisements play a vital role in making brands a ‘huge success’ in the market. But it is the ‘advertising agency’ that does everything behind the walls just like a…
Top 10 Richest Sportsman In The World With Their Net Worth
Sportspeople are no less than superstars. They are equally popular, followed, and wealthy as the world’s richest actors. Today, we will talk about the top 10 richest sportsman in the world and their earning sources. Every sport has its own superstar, whether it is football, hockey, or cricket. A professional athlete earns a lot from…
India Is Facing 8-hours Blackouts Due To Coal Shortage
India’s electricity demand is rising at the fastest pace in decades, and almost four of its total thermal, nuclear, and hydropower installed capacity is shut down. Due to the emerging power demand, India faces a coal supply shortage, All India Power Engineers Federation (AIPEF) indicated. Coal shortage, along with high temperature, has led to an…
Uniphore Acquires AI-powered Knowledge Automation Firm Colabo
Uniphore technologies Inc, a Conversational Automation platform, on Wednesday, acquired an AI-powered knowledge automation Colabo. The company has not disclosed the financial statement for the traction. Colabo specializes in extracting and utilizing information from structured and unstructured in real-time. Uniphore is a Chennai-based company that focuses on business growth. It said that Colabo’s AI solution…
Lee Jordan: Gate Energy’s New Chief Executive Officer
GATE Energy has been established as a leading and global provider of engineering, commissioning, and speciality in the energy industry. The company made an announcement, positioning Lee Jordan as the Chief Executive Officer of the company. Mr Lee Jordan is said to replace the founder of GATE Energy, Mr Grant Gibson. Former CEO and founder,…
