Skip to main content

Deck.blue brings a TweetDeck experience to Bluesky users

With over 3 million users and plans to open up more broadly in the months ahead, Bluesky is still establishing itself as an alternative to Twitter/X. However, that hasn’t stopped the developer community from embracing the project and building tools to meet the needs of those fleeing the now Elon Musk-owned social network, formerly known […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/TBbEAPF

Edtech giant Byju’s, founder under India’s financial crime agency radar

India’s crime-fighting agency searched three premises of edtech giant Byju’s and its founder Byju Raveendran, it said Saturday, and seized various “incriminating” documents and digital data.

The Enforcement Directorate said it conducted the searches under the provisions of the nation’s anti-money laundering law, but declined to elaborate. The agency has conducted several similar probes in recent months, including at crypto firm WazirX, phonemaker Vivo and news broadcaster the BBC.

The Bengaluru-headquartered Byju’s, which is India’s most valuable startup and counts BlackRock, Sequoia India, Lightspeed Venture Partners India, UBS among its backers, termed the searches as “a routine inquiry,” and said the startup maintains complete transparency with the authorities.

“We have nothing but the utmost confidence in the integrity of our operations, and we are committed to upholding the highest standards of compliance and ethics. We will continue to work closely with the authorities to ensure that they have all the information they need, and we are confident that this matter will be resolved in a timely and satisfactory manner. We want to emphasize that it is business as usual at Byju’s,” a spokesperson of Byju’s legal team said in a statement.

“We are committed to delivering high-quality educational products and services to our customers across India and the world. We remain focused on our mission to transform the way students learn and prepare for their future.”

Edtech giant Byju’s, founder under India’s financial crime agency radar by Manish Singh originally published on TechCrunch



from TechCrunch https://ift.tt/5BIxNSR

Comments

Popular posts from this blog

Nimbus launches tiny EV prototype that’s like a motorbike with a roof

As shared e-scooter companies have infiltrated cities and e-bike sales have soared, micromobility has been offered up as a panacea to save us all from the ill humors and packed streets caused by gas-guzzling cars. However, one of the major roadblocks in front of well-intentioned city dwellers who’d love to trade in their cumbersome and environmentally unfriendly vehicles for an e-bike or scooter remains: What happens when it rains? Nimbus, a California-based electric vehicle startup, wants to solve that problem with a simple solution: Put a roof on it. The company recently came out of stealth with a prototype for its Nimbus One, a tiny, three-wheeled EV that “combines the convenience and cost of a motorbike with the safety and comfort of a car.” The Nimbus One. Image Credits: Nimbus The thin, pod-like vehicle is only about 2.75 feet wide and 7.5 feet long, which Nimbus says makes it three to five times smaller than a compact car — the better to park and navigate busy urban stree...

Pitch Deck Teardown: Encore’s $3M seed deck

For this week’s Pitch Deck Teardown, I’m (virtually) traveling to Sweden to take a look at the $3 million seed round raised by developer tool startup Encore . The company is creating what it calls a software development platform for the cloud. It reportedly raised from Crane Venture Partners with Acequia Capital ,  Essence Venture Capital  and  Third Kind Venture Capital joining the round. I wanted to take a look at this deck in more detail, in particular, because it tells a really elegant story in a market where it’s extraordinarily hard to differentiate yourself — both to your customers and to investors! Pitching a dev tool in a way that tells the story well enough to understand but without dropping deep into a rabbit hole is a particularly hard challenge, and that’s the needle Encore threads ever so efficiently in this 24-slide pitch deck. We’re looking for more unique pitch decks to tear down, so if you want to submit your own, here’s how you can do that ....

Multifamily housing has missed the solar boom. PearlX wants to fix that with $70M Series B

If you’re a renter and you want solar power, you’re usually out of luck. For most, the only option is a community solar program, where people subscribe to utility-scale projects, but they’re not available everywhere. And given that most renters only stay for a few years, which of them are going to pay tens of thousands of dollars for solar panels — and what landlord would let them? That’s where PearlX comes in. “Think of us as like the Sunrun for renters,” said co-founder and CEO Michael Huerta, referring to the company that rents solar installations to single-family homeowners. “PearlX is a rental electrification platform.” Earlier this year, the startup began installing solar panels and backup batteries at multifamily rentals in Texas as part of its “TexFlex” project. PearlX’s next step, which Huerta shared exclusively with TechCrunch, will be a California expansion called “Flexifornia.” The startup is also rolling out a virtual power plant, which will allow the company to tap the...