Vijay Shekhar Sharma, founder and chief executive of Paytm, has entered into a deal with Ant Financial to acquire a 10.30% stake in the Indian financial services firm in a […]
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Back to news homeFidelity deepens valuation cut for SaaS startup Gupshup
Fidelity has slashed the estimated worth of its holding in SaaS startup Gupshup by over 20% in a month and by more than 50% since the original investment in the […]
Walmart pays $1.4 billion to buy Tiger Global’s remaining Flipkart stake
Walmart paid $1.4 billion to buy out Tiger Global’s remaining holding of Flipkart shares as the retail giant further expands its stake in the Indian e-commerce startup. The transaction took […]
Netflix brings password-sharing crackdown to India and every other market
Netflix is bringing password-sharing crackdown to consumers in India and every other market starting today, the global streaming giant said after a limited rollout of the restriction helped the firm […]
India’s Dunzo defers staff pay, to cut jobs amid funding search
Dunzo, a hyperlocal delivery startup in India, is postponing employee salaries for a month and plans a new wave of layoff as the Google and Reliance Retail-backed startup pares its […]
Shark Tank India falls short on investment pledges
Over a year following the inaugural season of the Indian edition of Shark Tank, the seven esteemed investors made good on less than half of their investment pledges, according to […]
Basecamp introduces special reduced pricing in India
Basecamp, one of the widely used project management tools first released in 2004, is now available to users in India with special reduced pricing that is as low as about […]
India deals a 28% tax blow to online gaming industry
India plans to impose a significant tax on the fund that online gaming firms collect from consumers in a major blow to the fast-growing industry that was quick to label […]
India to launch Chandrayaan-3 Moon lander mission on July 14
India will launch its latest Moon lander mission Chandrayaan-3, a follow-on almost four years after the crash of its previous iteration in 2019, on July 14, the country’s space agency […]
India’s electric two-wheeler sales hit a speed bump
In India’s bustling streets, where two-wheelers are seen as the primary mode of transportation, a powerful shift toward electrification has been underway. Fossil fuels still dominate the South Asian nation’s […]