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Oyo CEO Ritesh Agarwal is set to increase his stake in the company from 30% to 32% by investing another ₹550 crore, reports said. Agarwal will buy over 12.9 crore shares at 42.60 apiece and the investment will value Oyo at 32,000 crore, reports added

“Best Startup To biggest Failure” Billions to Bankruptcy #8 Byjus was founded by Byju Raveendran in 2011 they gained popularity due to engaging video lessons which made complex subjects easier to understand.Byjus acquired many high profile brands l

Failed startup story Russsh was founded in 2012 by Bharat Ahirwar. Russsh offered both first-mile and last-mile on-demand delivery services to individuals and businesses. The company claimed to have a database of over 50,000 loyal clients and compl

Headline numbers: The Mamaearth parent reported a 21% growth in operating revenue for the March quarter to Rs 471 crore. Net profit stood at Rs 30.5 crore, against a net loss of Rs 162 crore a year ago. Key takeaway: The company is doubling down on i

Premium tea brand Freshleaf has raised Rs 1 crore in its seed round led by Inflection Point Ventures. The proceeds will be used to expand marketing efforts, increase production capacity, and enhance research and development for new products, the com

Bornvita is not a Health drink anymore! And the reason why it happend will surprise you. So there is a YouTuber called Food Pharmer (Revant). He creates video regarding false marketing of food companies with data. So a year ago, he created a video

Facebook offered him $3 Billion for his company. He turned them down. Now, his company is worth 5x what Facebook offered. 5 lessons from the crazy story of Evan Spiegel: Imagine being 23 and turning down $3 billion. Most would call you crazy. Yo

iPhone maker Apple and NVIDIA are reportedly in talks to invest in ChatGPT maker OpenAI in a funding round that could value the AI giant above $100 billion (or approximately Rs 8.38 lakh crore), WSJ reported. The round will be led by Thrive Capital,

As the labour department received many emails from former Byju's employees regarding full and final settlements, Karnataka Labour Minister Santosh Lad met representatives of the troubled edtech firm and urged them to settle outstanding dues owed to f

Top News Of the Day: 1. Tesla plans to lay off 6,020 employees in Texas and California as part of its strategy to address slowing demand and falling margins. 2. Boba Bhai,a quick-service restaurant (QSR) brand focused on bubble tea and other food