A group of large investors in Byju’s has called for an extraordinary general meeting seeking to change the leadership at Byju’s days after the edtech group launched a rights issue at $25 million pre-money valuation. “The resolutions being put forward for the EGM to consider include a request for the resolution of the outstanding governance, […]
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There’s an acute shortage of radiologists around the world, which means it is harder for medical teams to get imaging studies done. As a result, more than 200 companies have sprung up to create applications that use AI to automate different parts of the radiology process. CARPL, a radiology marketplace that counts Singapore’s government as […]
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Aaron Peskin says Garry Tan’s now deleted X post did “harm to democratic discourse.”
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The Reserve Bank of India is discussing more penalties on Paytm Payments Bank and may reach a decision within days, two sources familiar with the matter told TechCrunch. The central bank has internally discussed revoking the payments bank license of Paytm, the sources said, requesting anonymity as they are not authorized to speak to the […]
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Reliance-backed Viacom18 has reached an agreement to buy 60% of Disney’s India unit, WSJ reported Thursday citing unnamed sources, creating a pathway for the Indian conglomerate to form a $10 billion media giant in the South Asian market. The deal, which WSJ says will close this month, values Disney’s India unit at $3.9 billion, the […]
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Paytm said Thursday that it will cease working with its associate Paytm Payments Bank and accelerate plans to partner with other banks, after India’s central bank barred Paytm Payments Bank from conducting nearly all of its business activities due to supervisory concerns. The Noida-based financial services firm said it expects its loan distribution, insurance distribution […]
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Tesla has been sued by 25 California counties alleging the automaker has repeatedly mishandled hazardous waste at facilities throughout the state. The lawsuit was filed after months of settlement talks apparently fell apart. The complaint, filed in San Joaquin County Superior Court, states that Tesla improperly labeled and disposed of materials like “lead acid batteries […]
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They say don’t shoot the messenger, but what if The Messenger shoots itself? Media startup The Messenger burst on the scene last May with $50 million dollars in hand, aggressively hiring journalists to build an “unbiased” digital newsroom. Instead, its staff found out through a New York Times article today that the publication is shutting […]
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