Edtech startup Vedantu launched its first ESOP plan Vedantu became a unicorn startup in September 2021 Edtech startup Vedantu has launched its first-ever employee stock ownership plan (ESOP) liquidity plan worth Rs 20 crore for its employees as part of the startup’s ESOP linked bonus pay-out scheme. According to an email sent by Vedantu’s CEO Vamsi Krishna on Friday, the company will conduct more similar rounds in the future while widening the scope of coverage to include more of its employees. PhonePe announced a Rs 135 crore ESOP liquidity programme…
Read MoreDay: November 27, 2021
WhatsApp to let users react to messages similar to Facebook and Instagram
WhatsApp was spotted working on a new feature that would let users react to messages with emojis WhatsApp users will be able to react to messages using a heart emoji or a fire emoji WhatsApp has recently been working on a slew of new features. The messaging app was seen developing a new feature that would allow users to respond to messages with emojis. iMessage users are aware of the reaction to the message feature. This feature was spotted being tested by WhatsApp a few months ago. When the feature…
Read MoreDream11 bags $840 Mn in a new funding round
Dream 11 has scooped up $840 million in a new round led by Falcon Edge, DST Global, D1 Capital, Tiger Global and Redbird Capital. This is a significant jump in Dream11’s valuation Dream11 [owned by Dream Sports] has raised $840 million in a fresh funding round headed by Falcon Edge, DST Global, D1 Capital, Tiger Global, and Redbird Capital. TPG and Footpath Ventures also joined the round. According to the company, it has raised new funds valued at $8 billion. This is a considerable increase in Dream11’s worth, which was…
Read MoreKore.ai Extends Its Financing to $73.5 Million
Kore.ai has extended its Series C funding round with participation from NVIDIA. Kore.ai and NVIDIA will collaborate on accelerating innovation in the deployment of conversational AI-based platforms and solutions for enterprises. The leading conversational AI software company Kore.ai announced that it has expanded its Series C funding round with NVIDIA’s participation. Kore.ai and NVIDIA will work on accelerating innovation in the implementation of conversational AI-based platforms and solutions for companies in connection with the investment. As the global corporate sector embraces digital transformation, it is becoming increasingly important to provide outstanding…
Read More