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Shared Living Operator Stanza Living has raised $57 million in debt financing led by Kotak Mahindra Bank and RBL Bank. Existing Lender Alteria Capital also participated in the round.

Around 80% of the educators used to provide free lessons through Unacademy's Youtube channel, and the rest were educators for Unacademy's subscription-based model.
Unacademy lays off 210 Teachers amid Cost Restructuring.

Image source- Inc42

Since Paytm's stock market debut on November 18 last year, Sharma has consistently lost around INR 88 Cr daily. A far cry from that now, the company has lost nearly INR 1 Tn in market cap.

Building India's digital diagnostic infrastructure, 5C Network has found the perfect partner in 1mg to make this vision a reality.

Zomato picks up stake in Mukunda Foods
The board has also approved acquisition of 16.66% take in food robotics and automation firm, Mukunda Foods Pvt Ltd.

Unacademy PrepLadder team have been asked to vacate their positions, according to sources close to the company.
The company said the decision was taken after internal reviews and assessments to improve efficiency.

SRK tweeted "Kuch Kuch Hone Wala Hai, OTT ki duniya me"
Anurag Kashyap retweeted SRK's tweet and announced his collaboration with King Khan's OTT. Anurag Kashyap tweeted "Dream Come True" Collaborating with Shah Rukh Khan on his new OTT app, SRK+

Navi Technologies has filed its DRHP( Draft Red Herring Prospectus) with SEBI to raise INR 3,350 Cr through an IPO.

blinkit focuses on growth and on increasing its speed of ex*****on, while also reducing its burn rate as much as possible.
Titan The Tata Group-led company plans to strengthen its presence in the growing wearable segment.

India's podcast landscape hosts 40+ multilingual podcast companies and recently, audio OTT startup Pocket FM baged $65Mn to Introduce new languages.
According to reports, the India audio OTT market will grow up to $1.1 Bn by 2025, and to $2.5 Bn by 2030.

PhonePe led the UPI app market with INR 4.05 Cr transactions in January 2022.
While February 2022's app-wise figures will be released later this month.

Highlights from Zerodha Financials:
Revenue- INR 2,728.9 Cr
Profit- INR 1,122.3 Cr
Expenses- INR 1260.1 Cr
*The startup which turned unicorn without any external investment venture capital has generated a sales worth INR 2,789 Cr in FY21.

The Bengaluru-based startup is working to be ready for a listing by the end of 2022.
The startup has so far raised $1.1 Bn in funding across 11 rounds.

RBI has the power to cancel the CoR of any NBFC if it flouts directions issued by RBI or if it is fails to maintain accounts in accordance with the requirements of the law.
This also comes on the back of the Indian Government recently banning 54 apps and games of Chinese origin.

Mahindra Logistics has acquired last-mile delivery startup Whizzard for INR 72 Cr.
*The delivery was a combination of primary and secondary capital infusion from Mahindra Logistics Limited.
*Whizzard states that it has grown 10 times in last three years and catered to more than 3,000 Pin codes.

Unacademy launches in US with Medical Test Prep Courses to help candidates crack the US medical licensing examination.
The new course will help MD to get test preparation for clearing US Medical Licensing Examination in the US.
It will have more than 300 hours of review lectures, mock tests and assessments, and access to over 3,000 questions related to the US Medical Licensing Examination tests.

India's first ever official cricket NFT platform, Rario, is in talks to raise $100 million which will be led by Dream Capital, the investment arm of Dream Sports.

Perfios has become a unicorn after the fintech platform raised nearly $70 million from existing investors, Warburg Pincus and Bessemer venture partners, in a series C round. It is the second Indian startup, after open source platform Hasura, to turn unicorn this week.

In the metaverse game, an ecosystem would be created that allows players to be a part of the game and participate in the reality show and according to a report, It is a big thing that has a potential to completely transform the digital ecosystem.
*Big companies such as Reliance Industries too had started investing into Metaverse.
*A Tamil Nadu couple hosted the first Metaverse wedding.
*Daler Mehndi had performed on Metaverse on Republic Day celebrations this year, and it was the India's First Metaverse Concert.

The stock markets have crashed, the UN speeches have been delivered, and retaliatory threats have been made. Russia's attack on Ukraine reveals the future of war.

The National Stock Exchange notified the changes in Eligibility criteria for the equity indices and announced the replacement of stocks as part of its periodic review.
The changes will come into effect from March 31, 2022.

Picture says a lot , Humanity has to win!

India adds tenth unicorn in 53 days.

When she started Nykaa, She realised that her decades in banking would help her get financial support, but she had no institutional knowledge of either the Indian fashion industry or what it took to build a tech platform.
She realised that she did not want to demand employees with extensive knowledge to work for a founder who didn't know as much. However, she could demand employees who were as passionate as her.

Don't Panic!

Their aim is to tell people how they can be more conscious and leave less impact on the planet by switching to a plant-based diet.

Amazon and Reliance to battle over IPL telecast and streaming rights worth $6.7 Bn.
Cricket and digital broadcast rights of the two-month series of matches, at a cost that could run to a record $6.7 Bn.
To maximise revenue, The BCCI will reportedly sell OTT streaming and Tv rights separately.

Food Delivery Giant is likely to list itself as a logistics startup and not as a food delivery company.
It is eyeing to raise $800 Mn through public listing as early as by next year.