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Future Retail says Amazon filed petition in SC against 8 Feb order on RIL deal


Future Retail says Amazon filed petition in SC against 8 Feb order on RIL deal
The logo of Amazon
Future Retail also said that it will defend Amazon petitioner through legal counsel
On 8 February, the Delhi High Court stayed its single judge direction to Future Retail Ltd and various statutory authorities to maintain status quo with regard to its Reliance Retail deal
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Future Retail Ltd on Monday said that e-commerce major Amazon had filed a petition on Supreme Court against 8 February order on Future group s ₹24,713-crore deal with Reliance.
The company also said that it will defend Amazon petitioner through legal counsel. ....

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Fintech lending startup KreditBee raises $75 million in Series C equity round


Fintech lending startup KreditBee raises $75 million in Series C equity round
The group launched KreditBee in May 2018, focused on full-stack digital lending for young professionals.
(Bloomberg)Premium
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Bengaluru-headquartered fintech lending startup KreditBee has concluded its Series C equity round worth USD 75 million from Premji Invest, Mirae Asset Naver Asia Growth Fund, Alpine Capital and Arkam Ventures consisting of both primary and secondary investment.
“We started with a dream to help the unserved and underserved segment who have always found it difficult to enter the formal lending sector, either due to lengthy offline processes or traditional underwriting methods. With a larger portfolio of loan products, our objective is to provide credit to over 180 Million New-to-Credit customers who were not provided formal credit earlier. This investment would help us take more positive steps towards achieving that , mentioned Madh ....

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The challenges of getting long-covid patients back to work


The challenges of getting long-covid patients back to work
Makers of enterprise software apps raised higher funding in 2020 despite covid-19 as they lend themselves well to remote working.Premium
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Krithika Varagur
, The Wall Street Journal
Some people have gone months without fully recovering from the virus here’s how they’ve tried to manage their illness while doing their jobs
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When Deborah Shaffer tried to return to work two weeks after her Covid-19 infection, she forgot which floor of the veteran’s hospital she worked on. It was one of the many strange expressions of the brain fog that has plagued the social worker in Wichita, Kan., ever since she contracted the virus last November. ....

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