Adda247 raises $20 million in funding round led by WestBridge Capital

Adda247, an edtech startup that offers courses for government examinations, will use the funding from WestBridge Capital to strengthen its technology as well as for hiring in senior roles.

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Swiggy’s Instamart now has over two million transacting users

Instamart specialises in grocery deliveries in 15-30 minutes. The pilot service was launched in August last year in Gurugram and Bengaluru. It has since expanded to 17 cities, amid a push to scale up this business vertical.

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SoftBank-backed Snapdeal targets $250 million India IPO in 2022

Snapdeal, founded in 2010, had emerged as one of the country’s leading e-commerce providers, but lost ground to its larger rivals. In 2017, it backed away from a potential merger with Flipkart that would have united the two local-e-commerce companies against Amazon, a deal that SoftBank had been pushing for.

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Twitter reacts to Parag Agrawal's appointment as CEO

Thousands of users also expressed pride in how people of Indian origin were now leading some of the largest tech companies in the world, posting collages of photos of Agrawal along with Microsoft CEO Satya Nadella, Google’s Sunder Pichai and IBM’s Shantanu Narayen.

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‘Omicron’, the cryptocurrency, rides new Covid variant rollercoaster

The price of the hitherto-obscure digital token, whose Twitter feed has little more than 1,000 followers, rose almost ten-fold from Friday to Monday morning when it hit $688, before tumbling as much as 75%.

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What happens on the internet in a minute

Every minute on the internet, six million people are shopping online, while 57,500 tweets are being sent and 65,000 photos are being shared.

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Parag Agrawal joins growing list of Indian-origin CEOs leading US firms

Parag Agrawal’s ascension at Twitter follows that of Sundar Pichai at Alphabet, Satya Nadella at Microsoft, Arvind Krishna at IBM, Shantanu Narayen at Adobe, and Ajay Banga at Mastercard.

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