Saritha Rai, Bloomberg

Saritha Rai

Bloomberg

Bengaluru, KA, India

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Recent:
  • Unknown
Past:
  • Bloomberg
  • Business Standard
  • Washington Post
  • BQ Prime
  • The Next Web
  • The Indian Express
  • TechRepublic
  • Forbes
  • The New York Times

Past articles by Saritha:

Divisive Startup Kingpin Doubles Down on EVs to Undercut Musk

Bhavish Aggarwal hopes to disrupt the electric car market by selling lower cost designs. He'll have to overcome criticism of his leadership and a tough environment for risk-taking founders. → Read More

These Six Cities Are Emerging as New Expat Hot Spots

As foreign workers flee places like Hong Kong, which are the destinations drawing the next generation of expats? → Read More

IPL broadcasting rights: Amazon plans to pull out of Rs 60,000 cr race

Amazon's surprise pullout leaves the field open to Ambani's Reliance, Disney and Sony Group Corp → Read More

TripActions Negotiates New Funds at $9 Billion Valuation

Startup TripActions is in talks for new round of funding at a higher valuation, signaling investors remain interested in some private technology companies amid a plunge in publicly-traded shares and as travel rebounds following the Covid-19 pandemic. → Read More

India’s TikTok Alternative Thrives After Ban on Chinese Apps

Heightened geopolitical tension has boosted many Indian startups. → Read More

India’s Zomato Nears All-Stock Takeover for Blinkit

(Bloomberg) -- India’s online food delivery platform Zomato Ltd. is nearing an all-stock deal to take over instant grocery delivery service Blinkit, according to people familiar with the matter. → Read More

The Coder Supply Chain Runs Through Ukraine

Big tech (Apple and Google), big banks (Citi and JPMorgan) and carmakers (Daimler and BMW) all rely on Ukrainian code. → Read More

Amazon, Disney, Reliance Gird for $5 Billion Cricket Prize Fight

Mukesh Ambani’s conglomerate is bringing together a consortium aiming to outbid entertainment giants Amazon.com Inc., Walt Disney Co. and Sony Group Corp. for the telecast rights to the Indian Premier League -- a prize that could be worth $5 billion or more in the cricket-crazy nation of almost 1.4 billion people. → Read More

SoftBank, Goldman Lead $330 Million Round by India’s ElasticRun

(Bloomberg) -- ElasticRun, an e-commerce startup that provides supply chain and credit services to India’s mom-and-pop shops or kiranas, raised $330 million in a funding round led by SoftBank Vision Fund 2 and Goldman Sachs Group Inc. → Read More

An Alternative to Begging the Boss for an Advance

Newcomer Refyne lets workers get a portion of their salary before payday for far less than local moneylenders charge. → Read More

World’s Newest Billionaire Urges Women to Seize the Day

Falguni Nayar joined the rarefied ranks of self-made billionaire women this week as the Indian beauty startup she founded went public and promptly doubled on its trading debut. Now she’s encouraging more women to seize control. → Read More

Rarefied Club of Billionaire Indian Women to Grow With Nykaa IPO

When India’s beauty retailer Nykaa opens its initial public offering to subscribers next week, it will catapult founder Falguni Nayar into India’s rarefied league of billionaire women. → Read More

Bengaluru startup offers three-day work week to attract tech talent

Read more about Bengaluru startup offers three-day work week to attract tech talent on Business Standard. Fintech company Slice is offering new hires a three-day week with salary at 80% of the going market rate → Read More

India social commerce startup Meesho valued at $5 billion by Fidelity

Read more about India social commerce startup Meesho valued at $5 billion by Fidelity on Business Standard. Meesho raised $570 million in fresh funding led by Fidelity Investments → Read More

Vedantu is India's newest unicorn after $100-mn funding from ABC World

Read more about Vedantu is India's newest unicorn after $100-mn funding from ABC World on Business Standard. The Bangalore-based startup becomes the fifth Indian edtech unicorn after Byju's, Unacademy, UpGrad and Eruditus, and the third to reach the milestone this year. → Read More

Reliance said to near investment in Google-backed Glance InMobi: Report

Read more about Reliance said to near investment in Google-backed Glance InMobi: Report on Business Standard. Glance InMobi pushes curated news and entertainment content onto phone lock screens and also runs a short-video app → Read More

Men Need Not Apply to World’s Largest E-Scooter Factory

Ola Electric Mobility Pvt’s new electric-scooter factory aims to build 10 million two-wheelers annually, or 15% of the world’s e-scooters by 2022, in an operation run and managed entirely by women. → Read More

'Not typical startup founders': BillDesk trio reap $500 mn each with sale

Read more about 'Not typical startup founders': BillDesk trio reap $500 mn each with sale on Business Standard. M N Srinivasu, Ajay Kaushal and Karthik Ganapathy are selling their digital payments company to Prosus NV. → Read More

An $8.8 Billion IPO Wave Sweeps Across India as Startups Soar

The country is on track for a record year of IPOs with the success of startups like Zomato. → Read More

IPO-bound Paytm to expand ESOP pool to 61 mn shares through EGM on Sep 2

Read more about IPO-bound Paytm to expand ESOP pool to 61 mn shares through EGM on Sep 2 on Business Standard. The startup is backed by Berkshire Hathaway Inc. and Jack Ma's Ant → Read More