Leading technology companies from around the globe are vying for a substantial slice of India’s ambitious AI mission, with interest now focused on a Rs 10,000 crore tender for graphics processing units (GPUs). The tender, central to the Indian government’s broader Artificial Intelligence (AI) initiative, has attracted attention from major players including Nvidia, Intel, AMD, Qualcomm…
Edtech platform Simplilearn has announced its first-ever ESOP buyback worth Rs 48.74 crore. The buyback was undertaken as part of the new investment by Blackstone earlier this year.
The company had offered active workers to liquidate up to 25% of their vested ESOPs as part of this buyback, out of which 65% of them with ESOPs liquidated their choices.
Established in 2009, Simplilearn is a digital…
