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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The Mumbai-based company had shut down operations after laying off hundreds of employees in February.
Lido Learning may have finally found a saviour. The education technology company is in advanced stages of talks with Reliance Industries for raising a fresh round of funds for a significant stake, according to two people in the know. The deal could be closed as early as this week. The size of the deal, terms and conditions and other details are not yet known.
“Definitive documents haven’t been signed yet, but the two companies are in advanced stages of talks,” says one of the two people, both of whom asked not to be named. “In fact, there is a possibility …
Physics Wallah’s desperate pursuit of growth has led to another bold announcement. The latest move centres around one of India’s most competitive test-prep pockets.
Instead of going after scale like Jio, the Sunil Bharti Mittal-led telecom giant is chasing a smaller but higher-quality customer base to grow its home broadband segment. Will the bet pay off?
While the Rs 9,000 crore promoter investment in Q1 brings a measure of reassurance, investors will still have to wait for Jio and retail to work through their challenges.
