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Zivame likely to raise fresh debt funding from Trifecta capital; Amir Khan also invests in Zivame

Lingerie startup Zivame is likely to raise fresh debt funding from Trifecta capital and this is probably going to be followed by more capital infusion from investors, according to the regulatory filings accessed by Techpluto.  The company recently filed altered articles of Association with ROC wherein it has mentioned that it has granted pre-emptive right…
September 26, 20200Comments

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Acquisitions

Unacademy acquires CourSavy, allots 60 shares to CourSavy’s founder under ESOP scheme

Unacademy on Thursday announced that it has acquired leading UPSC CSE prep platform CourSavy for undisclosed amount. This is Unacademy’s fifth acquisition this year, after having acquired Kreatryx, PrepLadder, Mastree and CodeChef. This is also edtech major’s first acquisition after becoming unicorn following SoftBank led $150 Mn funding round earlier this month. The newly crowned unicorn…
September 24, 20200Comments

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Tech news

Facebook’s Employees want Zuckerberg to take Tough Stance against Trump – Top Trending News

1 Facebook’s Employees want Zuckerberg to take Tough Stance against Trump     Image Credits: Flickr Curt Johnson Mark Zuckerberg is facing heat from its employees over how today Facebook is being perceived across the world, according to The Verge, which has claimed that it has accessed Facebook’s internal audios. In a very long article,…
September 24, 20200Comments

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Funding News

Byju’s raises INR 50 Cr in fresh capital infusion by new & existing investors

Byju’s unabated funding spree continues as existing investor General Atlantic and new investor Sand Capital leads fresh 50 Cr fund infusion in the edutech major. BlackRock and Alkeon Capital are other two new investors that will come on company’s board following the fresh fund infusion. Sources privy to the matter claims that this fresh capital infusion…
September 23, 20200Comments

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