The chairman of Manipal Education and Medical Group, Ranjan Pai, and Edtech giant BYJU'S are engaged in a financial battle as the former seeks to overcome obstacles and seize chances.
New-age companies are seeing increased interest from domestic mutual funds, who have upped their shareholding in these firms over the last four quarters. This and more in todays ETtech Morning Dispatch.
Big4 company Deloitte has been mandated by the investors of Groyyo — Tiger Global and Alpha Wave Global — to ‘work with the startup and take a closer look at its trading business. This and more in todays ETtech Morning Dispatch.
Few institutional investors in India, such as mutual funds and insurance companies, are willing to bet big on loss-making companies like most Indian tech startups