Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Grammarly raises $1B in growth financing led by General Catalyst
Start-Up & DPIIT
Grammarly raises $1B - Grammarly, the AI-powered writing assistant, has secured $1 billion in non-dilutive financing from General Catalyst's Customer Value Fund (CVF). This significant investment, which does not dilute ownership, will fuel Grammarly's efforts to scale its AI infrastructure, enhance research and development, and expand its enterprise market presence. The company, which was valued at $13 billion in 2021, is now positioning itself as a comprehensive AI productivity platform.
