Category: business

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BharatPe joins unicorn club, valuation triples to $2.85 bn

Soumya Thakur, INN/Madhya Pradesh Twitter- @soumyaT38144281, @Infodeaofficial Indian fintech firm services providerĀ BharatPeĀ has boosted $370 million in a primary and secondary mix, as a proportion of a Series E funding session directed by current investor New...

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The stock of this textile company has zoomed 127% in a month

Soumya Thakur, INN/Madhya Pradesh Twitter- @soumyaT38144281, @Infodeaofficial Shares of Sportking India were closed in the 5 per cent upper course for the ninth consecutive day, at Rs 4,501.95 separately — also its modern high —...

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Book my show lays off 200 as pandemic thrashes movie business

Khevna.P.Shah, INN/Bangalore @Shahkhevna1, @Infodeaofficial BookMyShow is an online platform for booking movie tickets and entertainment events, whichĀ  has laid off 200 people, theĀ  cofounder and chief executive Ashish Hemrajani tweeted. It is the second major...

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Indiaā€™s Biggest Worry is Jobs and e-Commerce can be the savior here

Khevna.P.Shah, INN/Bangalore @Shahkhevna1, @Infodeaofficial E-commerce is helping India achieve more inclusive growth by creating large-scale employment opportunities, allowing first-generation entrepreneurs, skilling youth, empowering women, and formalization and integrating MSMEs from tier-2 cities and beyond in...

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Alibaba misses revenue estimates as e-commerce growth sluggish

Khevna.P.Shah, INN/Bangalore @Shahkhevna1, @Infodeaofficial China’s Alibaba Group Holding Ltd, missed analyst estimates for first-quarter revenue on Tuesday, as its e-commerce business was damaged by the increasing competition from smaller companies such as JD.Com Inc and...