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Byju's to raise up to Rs 2,200 crore in funding led by Oxshott Venture Fund Edtech major Byju’s is raising further funding of up to Rs 2,200 crore led by Oxshott Venture Fund, regulatory filings sourced through business intelligence platform Tofler showed. Edelweiss’s Crossover Opportunities Fund, Verition Multi-Strategy Master Fund, XN Exponent Holdings and MarketX ....
India News: Employees Provident Fund Organisation (EPFO) recommends an annual interest of 8.25% on PF deposits for the current fiscal for its 6.6 crore active subscribers. EPFO also plans to disburse over Rs 1 lakh crore for the first time. ....
India Business News: Budget carrier IndiGo reported a profit of Rs 2,998.1 crore in the December quarter, up 111% from the previous year. The airline has recovered from Covid losses and achieved net worth positive again. Its total income crossed Rs 20,000 crore for the quarter, a first for any Indian carrier. IndiGo's capacity and passenger numbers also saw significant growth. ....