Paytm distributed 2.5 lakh equity shares through its ESOP schemes.

Under its employee stock option plan (ESOP), the fintech behemoth PaytmPaytm Datalabs in-article-icon has granted 2.54 lakh equity shares to qualified workers. Paytm stated in an exchange statement on Wednesday, September 4, that the nominating and compensation committee of the board had approved the distribution of 2.54 lakh fully paid-up equity shares, each with a…

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“India Abolishes Angel Tax: A Boost for Startups and Innovation”

Venture capitalists and industry experts have welcomed the removal of angel tax, which is an important step towards accelerating the growth of startups in India. Finance Minister Nirmala Sitharaman during the Budget presentation for 2024-25 announced that angel tax will be abolished for all investors. The angel tax, introduced in 2012 to prevent money laundering,…

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Airbnb’s Rise to Prominence in India: An In-Depth Business Case Study

Introduction Airbnb, the globally recognized hospitality platform that connects hosts with travelers, has witnessed significant success in India, a nation rich in cultural diversity, with a rapidly growing middle class and a booming appetite for travel. Since its official launch in India in 2016, Airbnb has emerged as a formidable player in the hospitality industry,…

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CarDekho Datalabs Appoints Sudarshan Sharma as CBO to Fuel New Auto Growth

CarDekho Datalabs has appointed Sudarshan Sharma as the new Chief Business Officer of the New Auto business with the aim to boost growth. Sharma brings with him extensive experience in the automotive and technology sectors, having previously worked at Flipkart and Google, among other companies. His appointment reflects the company’s commitment to enhancing its marketing…

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LoanKuber Raises $3.5 Million in Pre-Series B Funding to Expand Mortgage Offerings

In a pre-Series B investment round, mortgage brand LoanKuber was able to secure $3m. undefined Pace of this investment was led by the current investor, namely Inflection Point Ventures while the other was Singapore-based TRTL VC. Other notable personalities present included Angel investors as well as LetsVenture, Mavuca Capital and Auxano. With the fresh capital…

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Unacademy: The Ed-Tech Meteor That Flashed Brilliantly, Then Faded

Introduction Unacademy, a pioneering ed-tech startup in India, was founded in 2015 by Gaurav Munjal, Roman Saini, and Hemesh Singh. What began as a humble YouTube channel offering educational content soon transformed into a comprehensive online learning platform, aiming to democratize education by providing high-quality resources to everyone, irrespective of their geographical location. Over time,…

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