The government notified the new Angel Tax rules on Tuesday, retaining the five valuation methodologies suggested in the draft rules. The rules aim to fix the fair market value of startups.
Talk about a growth story! Online stock broking platform Groww is all set to pip market leader Zerodha in terms of active investors next month. While Zerodha took almost a decade to achieve leadership status, Groww did it in just three years, having started in 2020. This and more in todays ETtech Morning Dispatch.
Ecommerce platform Dealshare has sacked 130 employees and shut down its business-to-business vertical, just over a month after Vineet Rao stepped down as chief executive.
In a sudden move, Bob van Djik has resigned as CEO and board member of technology investment firm Prosus and its South African parent Naspers. This and more in todays ETtech Morning Dispatch.