office was a reduction of that fee from NUMBER_TOKEN NUMBER_TOKEN rupees to NUMBER_TOKEN NUMBER_TOKEN rupees and a reduction of the number of hours required from NUMBER_TOKEN hours to NUMBER_TOKEN hours but after the company asked them to leave the premises and they didn't do it the company decided to sue them saying that their actions were illegal and unlawful all right moving on to some ipo related news now india's most valuable startup edtech decacorn by jews is planning on going public in the united states via a spac set up by churchill capital and they're planning on going public via this spac at a valuation of NUMBER_TOKEN billion which is up from their current valuation of NUMBER_TOKEN billion dollars now we should definitely be taking all of this with a grain of salt because nothing has been finalized yet and there also hasn't been any updates from baiju's regarding this but if it does end up going through then this will be the biggest spac deal ever overtaking singapore super app grab and in fact baijus might even end up deciding to go public in india after their ipo in the united states now as we all know baiju's has seen a lot of success during the pandemic they currently have a user base of a hundred million people and of this NUMBER_TOKEN million seven million are paying subscribers they've also managed to acquire NUMBER_TOKEN startups in NUMBER_TOKEN for more than NUMBER_TOKEN billion and now they're looking to end the financial year of NUMBER_TOKEN with NUMBER_TOKEN billion dollars in revenue all right next up this video is sponsored by finiti a mutual fund investment platform for passive investors so if you're looking to invest your hard earned cash and you're not really sure where to get started then finity might be a great platform for you here's why infiniti has more than NUMBER_TOKEN NUMBER_TOKEN mutual funds to choose from and while this might seem a bit overwhelming at first their smart recommendation engine finds the perfect mutual fund for you and they also ensure that the information that you need to make a decision is offered to you in an easy to understand format and you can keep track of your investments and see them grow and the best part is that they don't charge you any commissions on your investments so you get to keep all of the profits you can find a link to finiti's app in the description and pin comment down below and start your journey as an investor within minutes also if you want to learn more about mutual funds and how to invest then you should definitely check out finity's youtube channel they post new videos there every single week and we'll be putting a link to that in the description and pin comment down below as well and thanks dfinity for sponsoring this video all right next up in the ipo news real quick we have an update on snapdeal they have officially filed for their ipo and they're going to be raising NUMBER_TOKEN NUMBER_TOKEN crore bees now for the last couple of weeks we've been covering snapdeal's plans to go public we've talked a bit about the history we've talked a little bit about why they might be planning to go public so i won't go into too much detail about that today but i wanted to take this opportunity now to talk about their financial situation because their revenues have actually dropped by about NUMBER_TOKEN percent from NUMBER_TOKEN crore rupees in the financial year of NUMBER_TOKEN to NUMBER_TOKEN crore rupees in the financial year of NUMBER_TOKEN. that being said their losses have also decreased by about
START_SPONSOR_TOKEN this video is sponsored by finiti a mutual fund investment platform for passive investors so if you're looking to invest your hard earned cash and you're not really sure where to get started then finity might be a great platform for you here's why infiniti has more than NUMBER_TOKEN NUMBER_TOKEN mutual funds to choose from and while this might seem a bit overwhelming at first their smart recommendation engine finds the perfect mutual fund for you and they also ensure that the information that you need to make a decision is offered to you in an easy to understand format and you can keep track of your investments and see them grow and the best part is that they don't charge you any commissions on your investments so you get to keep all of the profits you can find a link to finiti's app in the description and pin comment down below and start your journey as an investor within minutes also if you want to learn more about mutual funds and how to invest then you should definitely check out finity's youtube channel they post new videos there every single week and we'll be putting a link to that in the description and pin comment down below as well and thanks dfinity for sponsoring this video all right next up in END_SPONSOR_TOKEN