Officials aware of the details said the DoT will ask if spectrum can be given administratively or through auction. While the Cabinet had approved direct allocation to enterprises in June 2022, it had not spelled out the specifics around the methodology. "We will seek clarity from the law ministry.
For Goat, which is backed by Flipkart Ventures and Tiger Global, this is its largest deal since starting up in 2021. The company did not name the other four names in its prepared statement.
It's at least the third time since June that Stripe has cut its internal valuation, following a smaller cut in October, and brings the total reduction to about 40% in the past six months
In December, Google asked Judge Amit Mehta of the US District Court for the District of Columbia to throw out both the antitrust case that the Justice Department filed in 2020.
The fund, called Venom Ventures Fund (VVF), aims to invest in early-stage startups focused on payments, asset management, banking services and gaming on Web3, a much-hyped vision of a future internet built on blockchain.
In an internal memo, Gaurav Munjal, Unacademy's Co-Founder and CEO, said that almost 80 per cent of Relevel's remaining team will be absorbed by other businesses of Unacademy Group.
A bench comprising Chief Justice DY Chandrachud and Justice P S Narasimha took note of the submissions of senior advocate A M Singhvi, appearing for Google, and said that it will list the plea for hearing on Monday.