Boat set to float Rs 2,000-crore IPO, eyes $1.5-2 billion valuation

Warburg Pincus, the single largest shareholder with around 36% stake, will divest shares worth Rs 700-800 crore in the Boat IPO, likely to be an equal mix of fresh stock and an offer for sale.

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Low code platform Retool to expand India presence

San Francisco-based low-code platform Retool is expanding its presence in India with exclusive offerings as it sees huge traction from IT service providers and startups alike.

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‘Tax games of skill differently from games of chance’

In a letter to Finance Minister Nirmala Sitharaman ahead of the Budget 2022, IndiaTech proposes that GST be levied only on the amount received by a gaming platform for providing its services and not on the prize pool.

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Sequoia Surge launches sixth edition with 20 early-stage startups

With the sixth cohort, the Sequoia Surge community now includes 246 founders from 112 startups across more than 15 sectors, including SaaS, developer tools, edtech, cybersecurity and fintech.

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After IITs, NITs clock record placement season amid talent crunch

The pandemic-induced rapid digital transformation across all industries has pushed demand for young engineers from NITs to new highs, resulting in one of the best placement seasons across these colleges.

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Delhi govt drafts rules for tech aggregators

The Delhi government has issued a draft scheme to regulate the transportation activities of various tech companies, spanning food delivery, mobility and e-commerce in the National Capital Region.

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Netflix investor takes Darwinbox into unicorn club

After having grown 200% in the last one year, HRtech startup Darwinbox aims to double down on global expansion and accelerate its product development plans with the latest funding.

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