Tag: financial challenges
Ola Electric Approves Rs 1,700 Crore Debt Funding
Ola Electric Mobility has approved a plan to raise Rs 1,700 crore in funding through debt instruments. The decision was made during a board...
Byju Raveendran Confident About Byju’s Comeback Plan
Byju Raveendran, the founder of Byju’s, has expressed strong confidence in the company's comeback plan despite facing financial struggles. Taking to X (formerly Twitter),...
Vodafone Idea Faces Rs 73-Crore GST Demand and Penalty
Vodafone Idea, a major telecom company struggling with debt, has been hit with multiple demand orders from various GST (Goods and Services Tax) offices...
ShareChat Raises $49 Million Debt Funding from Existing Investors
Google-backed Mohalla Tech, the parent company of vernacular social media platform ShareChat and short video app Moj, has successfully secured $49 million in debt...
Byju’s Tuition Centres Enters in 3rd Successful Year, Denies Closure Reports
Byju's, the embattled edtech giant, reaffirmed on Friday the successful operation of its tuition centres for the third consecutive year, with 262 offline locations...