Meesho has cut 15% of its workforce, or 251 roles, as the Indian social commerce startup pares its expenses to improve its financial health and confront the “economic reality.” This […]
Fidelity
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Back to news homeFidelity slashes the value of its Twitter stake by over half
Fidelity, which was among the group of outside investors that helped Elon Musk finance his $44 billion takeover of Twitter, has slashed the value of its stake in Twitter by […]
Fidelity says it will offer crypto in retirement accounts this year
Fidelity, the largest retirement plan provider in the United States, announced plans to offer bitcoin in 401(k) retirement accounts to its accountholders later this year. The company is set to allow […]
Indian social commerce Meesho raises $570 million at $4.9 billion valuation
Meesho has more than doubled its valuation in less than six months, to $4.9 billion, as a growing number of high-profile investors back the Indian social commerce startup that is […]
Indian logistics giant Delhivery raises $277 million ahead of IPO
Delhivery, India’s largest independent e-commerce logistics startup, has raised $277 million in what is expected to be the final funding round before the firm files for an IPO later this […]