Tag: india
Twitter locks account of India’s largest opposition party
Twitter has locked the account of Indian National Congress, the South Asian nation’s largest opposition party, for violating its rules days after the American social network temporarily suspended profiles of several of the party’s senior leaders. The Indian National Congress wrote about the Twitter episode on Facebook Thursday. “When our…
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India’s Eruditus valued at $3.2 billion in $650 million fundraise
Mumbai-based Eruditus, which works with top universities globally to offer more than 100 executive-level courses to students in over 80 nations, said on Thursday it has raised $650 million in a new financing round led by Accel and SoftBank Vision Fund 2. The new financing round — which includes both…
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Twitter now in compliance with India’s new IT rules, government says
Twitter is now complying with India’s new IT rules, New Delhi told a court Tuesday, in a move that is expected to ease months-long tension between the American social media network and the government of the key overseas market. A lawyer representing the Indian government told the Delhi High Court that…
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India’s UpGrad enters unicorn club with $185 million fundraise
UpGrad, a Bangalore-based startup that specializes in higher education and upskilling courses, said on Monday it has raised $185 million in a new financing round that valued it at $1.2 billion. Singapore’s Temasek, the World Bank’s International Finance Corporation, and IIFL financed the round, first tranche of it — about…
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India’s Vedantu not in talks to sell to Byju’s, top exec says
Indian online learning platform Vedantu is not in talks to sell the firm to edtech giant Byju’s, a top executive said on Friday. A report on Friday by Indian news outlet Entrackr said Byju’s had offered $700 million to $800 million to acquire Bangalore-based Vedantu, which counts Accel and GGV…
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India’s Supreme Court rules in favor of Amazon to stall $3.4B Future and Reliance deal
India’s apex court on Friday ruled in favor of Amazon to stall the sale of Future Group to Reliance Industries in a major victory for the American e-commerce giant in the key overseas market. The Indian Supreme Court said the order by a Singapore arbitration court last year — which…
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