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Rebel Foods' valuation reaches to $700 Mn in fresh fund raising round Rebel Foods has scooped up $50 million from Coatue PE Asia in series E round. According to regulatory filings
Covid-19: Meesho fires 200 employees due to pandemic Meesho, is laying off employees in other departments, too, including customer support, operations and marketing, added the people mentioned above.
Covid 19 pandemic: Bajaj Finance loses 350,000 customers in 10 days The unprecedented lockdown due to pandemic has hurt the country’s largest consumer finance company in more than one way.
BigBasket gains $60 Mn from Alibaba and others BigBasket has raised $50-60 million in a bridge round led by Alibaba and other existing investors
Data of 600,000 users now sold on the dark web The data of more than 600,000 Email.it users is currently being sold on the dark web, as per a news report.
From now on WhatsApp limits sharing of frequently forwarded messages To tackle the spread of misinformation on its platform, WhatsApp has now put a limit on the sharing of frequently forwarded messages to only one chat at a time.
Huawei contributes Rs 7 cr to PM-CARES fund to battle against Coronavirus Huawei has announced donating Rs 7 crore towards the PM-CARES fund and directly to six other states to support the fight against the COVID-19 pandemic in the country.
Swiggy wins $43 Mn in Series I round led by Tencent The online food delivery platform, Swiggy https://www.swiggy.com/has bagged $43 million more in its ongoing Series I round led by Chinese tech giant Tencent.
Fenexa and EST Global Forays Into Crypto Trading League In India Fenexa Technology Private Limited, (FTPL) New Delhi in collaboration with EST Group based at Cambridge Innovation Centre, MIT, Boston is soon launching the digital exchange
Data consumption in rural area jumped nearly 100% within a month: CSC CEO A top official of the entity said that data consumption in rural India on the network of CSC SPV jumped nearly 100%
Current economic situation - way forward The economic slowdown presents a serious challenge to the Modi government as it sets a target of making India a $5 trillion economy in five years.
Zomato inches closer to Swiggy’s valuation at $3.25 Bn Zomato has crossed the $3.25 billion valuation mark with the fresh fund infusion from Pacific Horizon Investment Trust from Scotland.
India's smartphone shipments to decline 60% YoY in April: Counterpoint Research The ongoing COVID-19 pandemic may badly hurt the smartphone shipments in the months of March and April
Apple takes over Dark Sky, Android version to shut down soon The popular android weather app, Dark Sky has been taken over by Apple. The news has been announced on Dark Sky
BEL donates Rs. 12.71 Cr to PM CARES Fund to combat COVID-19 The employees of Navratna Defence PSU Bharat Electronics Ltd. (BEL) have contributed their one day’s salary amounting
Progressive channels association of information technology I am ardently appealing hereunder on behalf of Progressive Channels Association of Information Technology (PCAIT),
Sudden Imposition of Equalization Levy on E-Commerce Is a Shock for The Sector in These Challenging Times: IAMAI The sudden imposition of Equalization Levy (EL) on e-commerce services without Permanent Establishment in India is a shock for the sector, especially
Tiger Global acquires stake in Bytedance through secondary transactions TikTok, owned by Bytedance, which competes against Facebook and Google in the online advertising space
Nasscom proposes measures to lessen burden on startups due to Coronavires outbreak The lockdown across the nation to fight threat of Coronavirus has resulted into a suspension of economic activity.
TravelTriangle slashes 250 jobs due to COVID crisis Due to Coronavirus the travel and hospitality industry has been affected badly.
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