Friday, 10 September 2021

ETtech Deals Digest: Delhivery, Leap raise funds this week

India's startup ecosystem witnessed bigger rounds this week compared to the previous one. Logistics firm Delhivery and overseas education platform Leap were among the companies that raised funds.

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Udaan names cofounder Vaibhav Gupta as CEO, eyes IPO in 18-24 months

Amod Malviya and Sujeet Kumar, the other two cofounders, will support the effective functioning of a “CEO-led organisation” and will continue to shape strategic roadmap and investment decisions as active board members.

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China tells delivery, ride-hailing firms to better protect workers

Regulators in China have come down hard on its biggest technology firms this year, criticising them for policies that exploit workers and infringe on consumer rights

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Lido Learning raises $10 million funding from Ronnie Screwvala's Unilazer Ventures

The edtech startup plans to use the new round of capital to fuel its aggressive expansion plans in India as well as abroad, which include the UK, Australia, New Zealand and South-East Asia

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Chinese firms with offshore structure to need approval for Hong Kong IPOs

The move would not augur well for the Asian financial hub as it may make it more challenging for Chinese firms looking for a venue closer to home amid tighter checks in the US.

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Reliance JioPhone Next launch delayed, rollout before Diwali

The Jio Phone Next has been designed in partnership with Google and it is for those who are looking to upgrade from 2G to 4G connectivity. The phone was previously to be launched on September 10.

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Apple rebuffs Epic request to restore Fortnite developer account in South Korea

The Apple-Epic battle pivoted to South Korea last week when its parliament approved a bill that bans major app store operators from forcing software developers to use their payment systems.

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HPBOSE 10th Result 2022 LIVE Updates: Himachal Board HP 10th result today at 11, check details here

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