Distressed Indian startup GoMechanic acquired by Lifelong Group-led consortium

March 29, 2023

A consortium led by Lifelong Group has acquired the distressed firm GoMechanic months after the Sequoia India-backed startup admitted “grave errors” in financial reporting. Lifelong Group, which serves several major players in the automotive industry including Hero and General Motors, said it won the bidding to acquire GoMechanic, whose investors scrambled for a sale earlier […]

Distressed Indian startup GoMechanic acquired by Lifelong Group-led consortium by Manish Singh originally published on TechCrunch

Amazon now lets T-mobile customers make and receive calls via an Alexa-enabled device

March 29, 2023

Amazon now allows T-mobile customers to link their mobile numbers and make or receive hands-free Wi-Fi calls through Alexa-enabled devices like Echo Dot or Echo Show. This comes more than two years after the ecommerce giant partnered up with AT&T for a similar feature. Customers will need to enable the T-Mobile with Alexa skill from […]

Amazon now lets T-mobile customers make and receive calls via an Alexa-enabled device by Ivan Mehta originally published on TechCrunch

Revenue vs. Profit: What’s the Difference?

March 29, 2023
The difference between revenue and profit is vital to understand in order to run a healthy business. Read on to learn all about these basic economic concepts.

Amazon-backed Acko nears $120 million in new funding

March 29, 2023

Indian insurtech Acko is in late-stage discussions to secure $120 million in a funding round at a time when weak global market conditions have subdued large financing deliberations in the South Asian market. General Atlantic is in talks to lead a $120 million round into Acko, the first tranche of which is about $100 million, […]

Amazon-backed Acko nears $120 million in new funding by Manish Singh originally published on TechCrunch