Tag: BCG

Coursera secures $64 m in Series-D funding at $800 m valuation

Coursera announced it has closed $64 million in a Series D funding round, taking the company’s total capital raised to date to $210.3 million. Coursera will use the latest round to fund efforts in its fast-growing enterprise business (Coursera for Business), to expand its master’s degree po…

AskMe Grocery looks to expand operations to 70 cities

Although the food tech sector is grappling with slowing sales and high attrition, hyperlocal AskMe Grocery is looking to scale up. Ankit Jain, founder, AskMe said that the firm proposes to expand operations from 35 cities to 70 cities by March, 2016. “Expanding the business in tier II and tier II…

Microsoft to woo 20,000 MSME in UP with ‘Cloud’

Global IT Major Microsoft has set its eyes on the large Micro, Small and Medium Enterprises (MSME) base in Uttar Pradesh and targeting to cover 20,000 units under its Cloud technology. UP is home to over 3 million MSMEs across verticals, including product and region specific industrial clusters s…

SMEs produce 80% of defence components

Indian Small and Medium enterprises numbering about 6000 supply 80 per cent of components, aggregates and assemblies of complex defence weapons system and aircraft, an official statement said. These 6000 enterprises spread all over the country supply components including hi-tech and sub-assemblie…