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Premji Invest to fund $50-$70 million in Canva

India is one of the fastest growing markets for Canva and the company will continue investing heavily in this region, as per co-founder and COO Clifford Obrecht who also said that the country also has one of the largest creator communities on Facebook. (Image sourced from Canva's website)

This is part of Canva’s recent secondary market sale, where shares worth $1.6 billion changed hands between existing and new shareholders, at a valuation of $26 billion.

Edtech layoffs: Scaler cuts several jobs in sales and marketing department

Scaler had earlier said in a media interview, that it increased its workforce by over 150 percent to around 2000, as compared to the 800 employees it had in February 2022. (Representative Image: Tarik Haiga via Unsplash)

The Tiger Global-backed edtech firm Scaler initiates layoffs that will impact 10 percent of total workforce in sales and marketing departments.

TCS elevates Ashish Babu to chief marketing and communications officer for global markets

Ashish Babu, who began his career at Genesis Burson Marsteller, has gone on to work across Hanmer MSL, Weber Shandwick and Tata Sky.

In his new role, Ashish Babu will be leading strategic initiatives across North America, Europe, UK, MEA, Latam, Japan, ANZ, and APAC to drive TCS’ brand, reputation, and growth in diverse markets.

HMD partners with Rajasthan Royals as official smartphone partner for IPL

HMD becomes Rajasthan Royals' official smartphone partner.

The partnership aims to enhance HMD’s brand visibility across the nation, leveraging crickets’ biggest influencers along the way.

Dhiraagu partners with Lionsgate Play to bring digital entertainment content to Maldives

“Our alliance with Dhiraagu in Maldives has further solidified our footprint in South Asia, fostering a deeper connection with the diverse audience in the Maldivian market. This collaboration is poised to offer the nation’s viewers seamless access to Lionsgate Play’s premium content, taking a step ahead towards enriching the entertainment experiences of our audience. As we continue our quest of bringing global entertainment closer, this moment marks an important milestone in our journey and we look forward to the exciting chapters ahead,” stated Rohit Jain, President, Lionsgate Play, Asia. (Image source: Unsplash)

With this partnership, Dhiraagu customers can subscribe to Lionsgate Play’s mobile application through Dhiraagu eZone directly via Dhiraagu App.

Piramal Pharma enters men’s grooming market in India with the launch of BOHEM

The range will extend to include face washes, serums, and shower gels, each designed to meet the diverse needs of modern men.

Piramal Pharma Limited has been growing their brand Lacto Calamine, majorly focused on oily skincare, quite well for the last few years. The launch of BOHEM aligns with the company’s intention to cater to the male grooming market.

SC raps Uttarakhand state licensing authority in Patanjali misleading ads case

At the April 10 hearing, the Supreme Court also rejected the second affidavit of apology submitted by Patanjali and the bench warned them to be ready to face action in the contempt case. Justice Kohli said, "Why should we not treat your apology with the same disdain as shown to the court undertaking? We are not convinced..." (Image source: Moneycontrol)

Patanjali MD Acharya Balkrishna and Baba Ramdev were present before the Supreme Court on April 10, where the bench heard the matter in the plea case filed by the Indian Medical Association against Patanjali Ayurved Ltd.