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Coronavirus could damage global growth in 2020: IMF

The coronavirus epidemic could damage global economic growth this year, the IMF head said on Sunday, but a sharp and rapid economic rebound could follow. "There may be a cut that we are still hoping would be in the 0.1-0.2 percentage space," the Managing Director of the International Monetary Fund, Kristalina Georgieva, told the Global […]

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[Funding alert] Bus aggregator startup Shuttl raises Rs 57 Cr from SIG Global India Fund

Bus aggregator startup Shuttl has raised Rs 57 crore ($7.98 million) as part of its Series C round of funding led by SIG Global India Fund. According to the RoC filings with the Ministry of Corporate Affairs accessed by YourStory, the private equity firm has invested funds in Shuttl’s parent company Super Highway Labs. Shuttl […]

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[Funding alert] Healthtech startup Innovaccer raises $70M in Series C round from Steadview Capital, Tiger Global, others

Healthtech startup Innovaccer has raised $70 million in a Series C funding round from Steadview Capital, Tiger Global, Dragoneer, Westbridge Capital, Mubadala, and M12 (Microsoft’s venture fund) bringing the total capital raised by the firm so far to $120 million. Innovaccer will use the funds to improve existing processes that digitise healthcare for providers, payers […]

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Meet 6 Indian-origin corporate leaders, who took up the CEO mantles at global tech giants

If one considers these few trends – large technology corporates establishing their major development centres in India, rockstar startup teams from San Francisco opening offices in Bengaluru and hiring tech talent, and global markets looking at India for growth and profitability – the one common thing among all these phenomena is the highly competitive nature […]

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