Startup news and updates: Daily roundup (September 27, 2024)

Funding newsVedantu raises debt from Stride Ventures, completes acquisition of PedagogyEdtech unicorn Vedantu raised Rs 19.25 crore ($2.3 million) in debt from Stride Ventures. Additionally, it has proposed to completely…

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TIGA Investments gets CCI’s clearance to acquire stake in Dream11

The Competition Commission of India (CCI) has granted nod to Singapore-based TIGA Investments' proposal to acquire a stake in Dream11's parent company Dream Sports Inc.The deal was cleared by CCI…

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We don’t want to be profitable in bursts: Swiggy’s Rohit Kapoor

IPO-bound Swiggy is prioritising sustainable long-term profitability over short-term bursts of gains, said Food Marketplace CEO Rohit Kapoor after the company’s latest filing revealed a wider loss in the first…

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India holds the key to global AI development: Amagi’s Baskar Subramanian

India has the talent pool to play a very large part in the future development of AI at much better cost efficiencies, according to Baskar Subramanian, Co-founder and CEO, Amagi…

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Swiggy’s Rohit Kapoor on gig economy and how the company takes care of delivery partners

Swiggy is among the largest and fastest employment generators in the country, said Rohit Kapoor, CEO of Food Marketplaces at the company, in a conversation with YourStory Founder and CEO…

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InMobi founder Naveen Tewari predicts a tech boom in the Indian stock market

Tech companies are set to significantly increase their presence in the Indian stock market in the coming years, predicts Naveen Tewari, Founder and CEO of InMobi.Revealing that InMobi will be…

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Amagi manages 2.5B hours of TV viewership on its platform annually, says CEO

Bengaluru-based SaaS unicorn Amagi, which provides cloud streaming technology for broadcasters, clocks 2.5 billion hours of viewership through its platform annually. Earlier this year, the entire Olympic coverage in the…

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You don’t do want you want, you do what customers want: Groww Co-founder Lalit Keshre

Discount broking platform Groww saw its active user base reportedly crossing one crore in May, ahead of its closest rival Zerodha. At YourStory's Techsparks 2024, Co-founder Lalit Keshre revealed the…

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What did it take to build Swiggy? Consumer obsession, says Co-founder Phani Kishan

Swiggy Co-founder Phani Kishan Addepalli believes the foodtech company's relentless focus on putting consumers at the centre of every decision—even at the cost of taking tough calls—has been key to…

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