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Razorpay acquires BillMe to expand its omnichannel payment business

This marks Razorpay’s 8th acquisition since their inception. Founded in 2018, BillMe works on eliminating paper bills and substantially increasing value-add for merchants with digital invoicing.

Razorpay to move parent entity to India from US ahead of IPO plans

While a reverse flip to India is a costly affair, Razorpay will be able to manage the same with its available funding, Sources told Moneycontrol. PhonePe, which recently domiciled to India from Singapore, said that its investors had to cough up almost Rs 8,000 crore in taxes.

News from the world of education

News from the world of education March 03, 2021 00:06 IST Updated: March 03, 2021 00:06 IST Updated: Share Article Key to growth and innovation IT consultancy and service organisation Xebia recently hosted the XGRAD 2021 Higher Education Summit online on the theme Industry and Academic Partnerships: A key to innovation and Growth. Dr Anil Sahsrabudhe, Chairman, AICTE, spoke about the importance of multidisciplinary education and lifelong learning. The colloquium discussed how industry and academic partnerships affect students; how technological advancement can ensure efficiency among students; and how real-world experiences and classroom learning can marry to produce students with excellent skill-set. Thought Leadership’ session Addressing the graduating class of Great Lakes Institute of Management, Chennai, virtually, Shiv Shivakumar, Group Executive President at Aditya Birla Group, spoke about seven career dilemmas that most people face. He also touched upon the impor

Edtech startup Newton School raises $5 million Series A round of financing

City-based ed-tech startup, Newton School, has raised USD five million Series A round of financing, led by RTP Global. The funding round saw participation from existing investors Nexus Venture Partners, Prophetic Ventures and Unacademy co-founders Gaurav Munjal, Roman Saini and Hemesh Singh. Flipkarts CEO Kalyan Krishnamoorthy, CREDs Kunal Shah, Freshworks Girish Mathrubootham, Udaans Sujeet Kumar and Razorpay founders Harshil Mathur & Shashank Kumar along with a slew of angels also participated in the round, it said in a statement. The capital will be used for team expansion, scaling student intake and product development, it was stated. Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitm

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