Business
October 18, 2024
1 views 5 mins 0

Eruditus bags $150 million funding at $3.1 billion valuation

MUMBAI: Edtech startup Eruditus has raised a fresh $150 million in funding led by TPG even as the collapse of India’s biggest edtech startup Byju’s continues to deter investors from making heavy investments in the segment. The company’s existing investors SoftBank (through Vision Fund 2), Accel, Chan Zuckerberg Initiative, Leeds Illuminate and CPP Investments also […]

Technology
October 11, 2024
1 views 3 mins 0

Samsung Backs Scholarly AI Bot Serving Students and Academics

Liner, an AI search engine for students and researchers, has raised $29 million (roughly Rs. 243 crore) from investors including Intervest, Atinum Investment and Samsung Venture as it builds out its business in specialised information retrieval. The Seoul-headquartered AI startup’s biggest and fastest-growing market is in the US, where it has 10 millions users across […]

Business
October 08, 2024
2 views 6 mins 0

SpiceJet's grounded planes to fly again within 2 years; earmark Rs 400 crore

SpiceJet informs DGCA all its grounded planes to fly again within 2 years; earmark Rs 400 crore for that. NEW DELHI: Thanks to its recent Rs 3,000-crore funding, SpiceJet has informed the Directorate General of Civil Aviation (DGCA) it plans to have all its grounded planes back in the air within 18-24 months. Ajay Singh’s […]