August 21, 2026
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Instacart founder Apoorva Mehta exits with $1bn after IPO

by September 21, 2023 0

Apoorva Mehta, co-founder of Instacart, is set to become a billionaire with a $1.1 billion fortune following the grocery delivery company’s IPO. Mehta, who stepped down as CEO in August 2021, will retain his position as Instacart’s largest individual shareholder. The company’s revenue grew by 31% to $1.5 billion in the first half of...

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Running low on ad revenue, MC devises happy way out

by September 21, 2023 0

Officials of the Ludhiana municipal corporation in India have proposed a mobile application that would allow anyone to book advertisement sites from home. The move is an attempt to generate revenue through advertising without relying on private firms. The proposal has been approved by the technical advisory committee and is now awaiting implementation. Currently,...

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