Sequoia writes off FTX investment; Netcore delays IPO; Amagi raises $100 mln from GA; TCS to add 1200 jobs in Illinois
Netcore Cloud, a marketing technologies provider and one of India’s biggest SaaS companies, has put off its initial public offering, Economic Times reports, citing founder and group managing director Rajesh Jain. Amagi, a media tech SaaS company in Bengaluru, shows that an ‘up round’ is possible even in current macro conditions. And Sequoia burns but the tip of its pinkie as another high-flying crypto company comes crashing down.
As India’s Finance Minister Nirmala Sitharaman presents the country’s budget today for the coming fiscal year that starts April 1, expectations are high on all fronts, especially as India is widely seen as the one major economy that will grow strongly during a period when the global economy is...
The International Monetary Fund yesterday revised upward its global growth projections for the year, after better-than-expected data on spending by American households and businesses, and in other countries, and Europe’s handling of its energy crisis, CNBC reports. Also in this report, pet fish...