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The Economic Times Startup Awards ceremony took place in Bengaluru, where the focus shifted to profitability and sustainable growth for Indian startups. The event featured panel discussions and speeches by Union Minister Piyush Goyal and Minister of State for IT Rajeev Chandrasekhar. ....
A total of 250 school children who had lost a parent during the COVID-19 were gifted with free tablets, school bags and a year s worth of stationery during Member of Parliament Tejasvi Surya s Bengaluru South School Leaders Summit in the city on Saturday. ....
Top executives of Indian unicorn Zomato stand to make big cash from upcoming IPO Photo: Mint May 3, 2021 The top leadership of Zomato Ltd., which filed its draft red herring prospectus (DRHP) with market regulator Securities and Exchange Board of India (SEBI), last week, now stands to make more than ₹786 crore ($106 million), as a part of the firm’s upcoming initial public offering (IPO). The top 10 executives of Zomato are sitting on a cash-pile value of ₹786 million (or over $100 million), as a result of the stock options granted to them in 2014 and 2018, through the company’s employee stock ownership plan (ESOP) policy. ....