Indian supply chain startup ElasticRun said it had raised $330 million in a new funding round led by SoftBank’s Vision Fund 2 and Goldman Sachs Asset Management. The round valued the company at $1.5 billion, according to Bloomberg. ElasticRun is one of a growing number of Indian startups that are finding business opportunities in India’s rural regions underserved by traditional retail and...
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Musk Throws Shade at Twitter CEO (and Securities Rules)
It’s day 43 in the Elon Musk–Twitter saga—and things are getting even weirder. Today we witnessed the bizarre spectacle of Elon Musk tweeting a poop emoji at Parag Agrawal after the Twitter CEO tried to clarify the company’s procedures for keeping spam bots at bay. A short time later, Bloomberg reported that Musk had told a private conference in Miami a viable deal for Twitter at a lower price...
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