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layoffs at startups: ETtech Exclusive: Bounce goes for second round of layoffs as demand for mobility lags

A top executive at Bounce said the on-demand two-wheeler rental service still has around $70 million in cash from its previous funding round and will utilise that capital to grow its EV business. ....

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Social media: Amid Twitter row, Koo emerges as homegrown alternative: All you need to know about the social media app

Updated Feb 11, 2021 | 18:01 IST
The app came to prominence in 2020 following it winning the central government s Aatmanirbhar App Innovation Challenge launched shortly after the government banned 59 Chinese apps.
Representational image. | Photo Credit: Twitter
Key Highlights
Koo was founded by Mayank Bidwatka and Aprameya Radhakrishna, the latter known for previously starting the online cab service TaxiForSure which was later acquired by Ola Cabs
While Twitter has a 280-word character limit, Koo s limit is 400 and it also offers users the option of recording and posting 1-minute short audio or video clips it calls Koos
In offering various languages including Kannada, Tamil, English, Hindi and Telugu, the app has projected itself as one which acknowledges “India s language diversity” and that “a global solution doesn t work for our people” ....

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[Funding alert] SplashLearn raises $18 million in Series C round led by Owl Ventures

[Funding alert] SplashLearn raises $18 million in Series C round led by Owl Ventures
SplashLearn will use this latest round of funding for various growth initiatives with the core focus of game-based learning
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SplashLearn, the Gurugram headquartered edtech startup, has raised $18 million in Series C round led by Owl Ventures, a San Francisco-based edtech sector focused venture capital firm. Existing investor Accel also participated in this round.
The latest funding round will used by SplashLearn for its various growth initiatives.
Founded in 2010, SplashLearn is a game-based learning programme targeted at students from the pre-kindergarten level up till grade 5 for math and reading. The startup which generates bulk of its business from the United States has over 4,000 curriculum-aligned games and activities. ....

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