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Nutraceutical Startup Fitday To Invest INR 25 Cr In Nutrition Gummy Segment
Omnichannel nutraceutical startup Fitday announced its plan to invest INR 25 Cr in the Gummies segment this financial year. This announcement was made in alignment with FitDay releasing seven Vitamin...
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Visa May Soon Start Offering Cross-Border Payments In India
Global payments service provider Visa Inc has applied for a cross-border payments license which will allow Visa to offer inward and outward remittances of money in India. Visa claims to use a quicker...
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PUBG’s New Avatar Battlegrounds Mobile India Caught Sending User Data To...
BattleGrounds Mobile India, the game from the house of PUBG Mobile maker Krafton, has been found sending users data to servers in China, according to a report on IGN India . It also includes the user’s...
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BYJU’s Raises $50 Mn Funding From IIFL, Maitri Edtech In Series F Round
Bengaluru-based edtech giant BYJU’S has raised $50 Mn from IIFL’s private equity fund and Maitri Edtech. BYJU’s has been on a funding spree since 2020, raising more than $1 Bn from large hedge funds,...
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Zoomcar Considering Listing In The US Via SPAC
Indian self-drive car rental startup Zoomcar is considering a listing in the U.S. within the next 12 months to tap markets beyond its home base of India. According to an Economic Times report on June...
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D2C Educational Toys Maker Skillmatics Bags $6 Mn In Series A Round
Direct-to-consumer (D2C) edtech startup Skillmatics, which develops educational products and games for children. has raised $6 Mn in its Series A funding round led by Sequoia Capital India, with...
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Intel To Partner Up With Reliance Jio To Enhance 5G Capabilities
Intel Corporation on Monday announced that it would be partnering up with India’s Reliance Jio to develop 5G networking technology. Last year, the semiconductor manufacturer had invested $250 Mn in...
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Y Combinator Backed Fintech Startup Bueno Finance Raises $3 Mn
Y Combinator backed fintech startup Bueno Finance has raised $3 million in its seed round from a slew of investors such as Goat Capital, JAM Fund, Olive Tree Capital, Good Water Capital and others from...
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PUBG Maker Says Data Sharing Issue With China Fixed After Furore In India
A day after news reports highlighted that PUBG owner Krafton is sending users data of its newly launched Battlegrounds Mobile India to servers in China, Krafton has released a statement highlighting...
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Google’s Android TV To Face Antitrust Investigation In India
After Google Search, payments and Android OS, Google has once again mired into another controversy. The Competition Commission of India (CCI) has now prima facie held Google’s Android TV in...
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D2C Health Brand Wellbeing Nutrition Raises Series A Led By Fireside Ventures
D2C health supplements and nutraceutical brand Wellbeing Nutrition has raised $2.2 Mn in its Series A funding round, led by Fireside Ventures. The round also saw participation from ACG, one of the...
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Flipkart Plans Mega $125 Mn ESOP Buyback In Upcoming Round: Report
In the process of raising fresh funds, ecommerce giant Flipkart is looking to start a buyback of employee stock options (ESOPs), which would result in employees cashing in on their stocks in the...
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GoMechanic Bags $42 Mn From Tiger Global; Eyes International Expansion
Automobile after-sales service and spare parts startup GoMechanic has announced a $42 Mn Series C funding round led by Tiger Global. Existing investors Sequoia Capital India, Orios Venture Partners...
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Reliance AGM 2021: Jio’s User Base Up 37.9 Mn At Over 425 Mn In FY21
Reliance Jio’s user base has grown 37.9 Mn to over 425 Mn, Reliance chairman Mukesh Ambani informed shareholders in its annual general meeting at Jamnagar on Thursday (June 24). The company’s revenue...
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WhatsApp-Jio Solutions For Small Merchants To Be Launched In Next Few...
Jio and Facebook-owned WhatsApp are jointly developing new solutions to connect merchants with users and they will be launched in the next few quarters, Reliance Industries chairman Mukesh Ambani said...
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Reliance JioFiber Added Over 2 Mn Users In FY21; Reach Expands To 12 Mn Premises
Reliance Industries announced that JioFiber acquired more than 2 Mn new premises over the past year till March 2021, the company announced today at its Annual General Meeting (AGM) for shareholders....
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Paytm IPO: Fintech Giant Extends Deadline For Shareholders To Submit Documents
One97 Communication Pvt Ltd, the parent company of Paytm has extended the deadline for shareholders, employees and former employees to submit their documents in case they are looking to sell their...
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8 Key Takeaways From Reliance AGM: JioPhone Next, WhatsApp Partnership,...
Reliance Industries chairman Mukesh Ambani on Thursday (June 24) outlined the progress Jio Platforms has made over the past year when the conglomerate raised a mammoth $44 Bn via private equity, rights...
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TikTok Trying To Convince Indian Govt To Lift Ban; Says It Will Comply With...
Chinese short video app TikTok has been meeting with Indian government officials and is hopeful that the ban on it will be lifted as it has told the authorities that it will fully comply with the new...
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Twitter Temporarily Suspends IT Minister Ravi Shankar Prasad’s Account For...
Microblogging platform Twitter temporarily suspended India’s IT minister Ravi Shankar Prasad’s account for alleged violation of copyright laws on June 25. The minister’s account was later reinstated...
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