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.from Tech-Economic Times https://ift.tt/34bZ3Q5
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.from Tech-Economic Times https://ift.tt/34bZ3Q5
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.from Tech-Economic Times https://ift.tt/344VWcv
‘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.from Tech-Economic Times https://ift.tt/3IqoWdI
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.from Tech-Economic Times https://ift.tt/3qW668c
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.from Tech-Economic Times https://ift.tt/33FFXlv
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.from Tech-Economic Times https://ift.tt/3G1DwXk
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.from Tech-Economic Times https://ift.tt/3nXrHLP
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