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Vedanta Nahata

    πŸ’Ό Vedanta Nahata | 17 | Finance & Tech Enthusiast |πŸ“ˆ Financial Markets Follower| πŸš€ Startups & Innovation Pioneer
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    Added on 24 October
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    Added on 28 August
    Reliance and Disney's groundbreaking merger, valued at over $8.5 billion, has been officially approved by the Competition Commission of India (CCI). This strategic alliance brings together two of India's most prominent entertainment companies, creating a formidable force in the industry. The combined entity boasts a massive portfolio of 120+ TV channels and popular streaming services like Hotstar and Disney+, positioning it as a dominant player in the Indian entertainment market.

    The merger is expected to drive innovation, expand content offerings, and
    more...
    Reliance and Disney merger approved by CCI hindustantimes.com The CCI has approved the merger between Reliance and Disney worth more than β‚Ή70,000 crore...

    Added on 20 June
    OpenAI Cofounder Ilya Sutskever Launches Safe Superintelligence Inc.

    OpenAI cofounder Ilya Sutskever has started a new venture, Safe Superintelligence Inc. (SSI), focusing on developing safe superintelligence. Joined by former Apple AI lead Daniel Gross and ex-OpenAI's Daniel Levy, SSI aims to avoid commercial pressures and focus solely on safety. #ai #superintelligence #safetech #startups #innovation
    The man who dared to revolt against Sam Altman at OpenAI just started a research lab promoting 'safe superintelligence' businessinsider.com Former OpenAI chief scientist Ilya Sutskever initially pushed for Sam Altman's ouster in November before calling for his reinstatement....

    Added on 17 June
    Paytm in Talks to Sell Ticketing Biz to Zomato

    Paytm is in advanced talks to sell its movie and events ticketing business to Zomato, focusing on its core payments and financial services. Zomato aims to strengthen its 'going-out' vertical with this acquisition. No binding decision yet. #paytm #zomato #fintech #technews
    Paytm in talks with Zomato to sell its movie, ticketing business - Times of India timesofindia.indiatimes.com India Business News: Mumbai: Paytm is in advanced stages of discussion to sell its movie and events ticketing business to Zomato as part of the fintech's strate...

    Added on 13 June
    Zepto Secures $650M in Funding, Valuation Soars to $3.5B

    Zepto, the Y Combinator-backed instant grocery delivery startup, is raising $650 million from existing investors like StepStone Group and new investors including Avenir Growth and Lightspeed Venture Partners. This funding round will more than double Zepto's valuation from $1.4 billion to $3.5 billion, showcasing strong investor confidence in India's booming quick commerce sector. This marks Zepto's second major funding round within a year, following a $231 million raise in August 2023. Zepto
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    Zepto to raise $650 million at $3.5-billion valuation moneycontrol.com Nexus and its LP StepStone will together lead the round by putting in a majority of the total $650 million, sources said....

    Added on 11 June
    Ola Electric Secures Approval for $660M IPO, Set to Be India’s First EV Stock Listing

    Ola Electric, India's largest e-scooter maker backed by SoftBank and Temasek, has received regulatory approval for its $660 million Initial Public Offering (IPO). The company plans to list its shares by mid-July, marking the country's first EV stock listing. Ola filed for approval with the Securities and Exchange Board of India last December to aid its operational expansion. The company, valued at $5.4 billion in September
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    Ola Electric gets Sebi approval to raise $660 mn through IPO: Report business-standard.com Ola now plans to list its shares by mid July, and in coming days will reach out to investors to assess demand for its issue, both sources said...

    Added on 11 June
    Mukesh Ambani's Jio Financial Services Unveils App to Rival PhonePe and Paytm

    Jio Financial Services, led by Mukesh Ambani, has launched the beta version of the 'JioFinance' app. The app offers UPI payments, digital banking, bill settlement, and insurance advisory, aiming to compete with Google Pay, PhonePe, and Paytm. Available on Google Play Store, it promises an all-in-one financial solution for users.
    Mukesh Ambani led firm launches new app to take on PhonePe, Paytm dnaindia.com Currently, the app is in beta version and can be used by limited users only....

    Added on 09 June
    BlackRock Deems Byju's Stake Worthless Amidst Financial Woes and Investor Pushback

    In a significant setback for education tech giant Byju's, BlackRock, a major investor, has declared its stake in the company worthless. Once valued at $22 billion in 2022, Byju's now faces severe financial and operational challenges. Byju's struggles highlight the volatile nature of the ed-tech industry post-pandemic. The company, previously a shining star in India's startup ecosystem, now grapples with the fallout from overexpansion and a shifting educational landscape.
    Blackrock values its stakes in once-hot edtech star Byju's at $0 businessinsider.com The Indian company, once valued at $22 billion, is facing legal and financial troubles. HSBC just wrote down an investor's 10% stake to $0....

    Added on 31 March 2023
    Newtabify - The Tab to stay Productive

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    Added on 31 March 2023
    Email Signature Generator - An Email Signature generator is a useful online tool that allows you to create professional and personalized email signatures. With this tool, you can easily create an email signature that includes your name, job title, contact information, and other important details that you want to include. You can also upload a company logo or a personal photo to make your signature stand out.

    Using our email signature generator saves you time and effort by automating the process
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