Tech & Startups

    Byju’s gets 50% votes for rights issue, extends olive branch to battling investors

    Byju Raveendran, founder and CEO of Byju's, said in a letter to shareholders that despite the “animosity shown by some of the investors in pursuing uncalled for legal actions”, the company continues to show ‘good faith’ towards all the shareholders and would like them to be part of the turnaround story.

    Tredence puts 10% revenues to develop GenAI capabilities: CEO Shub Bhowmick

    Tredence, led by CEO Shub Bhowmick, invests in GenAI for various sectors, aiming for 40-50% revenue growth in 2024. The company emphasizes R&D to enhance AI capabilities and developer productivity.

    Sops, tier-2 cities top focus in tech’s Karnataka GCC Policy wishlist

    Karnataka's GCC policy targets industry growth through infrastructure investment, employment incentives, single window approvals, fast issue resolution, industry-specific curriculum, flat rate markup, transportation solutions, digital engineering services, and the Karnataka Digital Economy Mission.

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    Should there be an Indian alternative to Google Play Store for Indian internet companies?

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    Exclusive: Startups under I-T scanner again; payments startups & processing charges

    Indian startups are under scrutiny from the income-tax department over the funding that they’ve raised. This and more in today’s ETtech Morning Dispatch.

    No NCLT stay on Byju's Friday EGM; reality check for laid-off startup CXOs

    Four investors — led by Prosus — moved the NCLT, seeking a stay on the planned EGM to effectively block the rights issue. The matter will now be heard on April 4.

    Aakash Chaudhry won’t return to Byju’s; Alteria’s Rs 1,550 crore Fund-III

    Happy Thursday! Talks between Aakash Institute promoters and Byju’s on Aakash Chaudhry’s return to helm the coaching firm have failed. Details on this and more in today’s ETtech Morning Dispatch.

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