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Archive Tag: india

Google abused dominant position of Android in India, antitrust probe finds

Google has abused the dominant position of Android in India to illegally hurt adversaries in the world’s second largest internet market, a two-year antitrust examination by the nation’s watchdog has found. The Android-maker abbreviated device manufacturing conglomerates’ ability and incentive to develop — and sell — manoeuvres loping alternative different versions of Android( more popularly […]

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Rapido, a motorcycle taxi aggregator in India, said on Monday it has raised $52 million in a brand-new financing round as the six-year-old startup inspects to find space in a category dominated by Ola and Uber in the South Asian market. The six-year-old startup’s new sources of funding — Series C — was financed by […]

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Amazon backs Indian wealth management service Smallcase in $40 million funding

Amazon has entered the financial services and coverage sells of India in recent years. Now it is paving the best ways to foray into the money management category. The American e-commerce giant has backed Bangalore-based startup Smallcase in a $40 million Series C financing round. The round was led by Faering Capital and Premji Invest […]

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YouTube acquires Indian social commerce startup Simsim

YouTube has acquired social industry startup Simsim, the Google-owned firm said on Tuesday. Neither of the conglomerates disclosed the terms of the batch, but two parties with knowledge of the matter told TechCrunch the Indian startup was valued at over $70 million. Two-year-old Simsim had raised about $ 17 million prior to today’s announcement and […]

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Tiger Global goes super aggressive in India

Recent roars from an investment firm, credited to put Indian startups on the global map in the past decade and a half, are turning local young firms into unicorns at a pace never seen before in the world’s second largest internet market. Tiger Global has written — or is in late stages of writing — […]

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Twitter suspends over 500 accounts in India after government warning

Twitter said on Wednesday it has taken actions on more than 500 chronicles and increased visibility of some hashtags in India to comply with ” various” orderings from the Indian government after New Delhi threatened legal action against directors with American social network. Twitter had suspended hundreds of Twitter reports, various with links to farmers’ […]

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India’s Zetwerk raises $120 million to scale its B2B marketplace for manufacturing parts

When you want to buy a refrigerator or a tv, you can walk to the nearby electronics store or call an e-commerce website like Amazon. But where do you go when you’re looking for parts of a crane, a opening or chassis of different machines? For several transactions globally, the responses to that question is […]

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Prosus Ventures leads $30 million investment in Indian agritech startup DeHaat

Once ignored, agritech startups are beginning to have a moment in India. On Tuesday, DeHaat, an online scaffold that offers full-stack agricultural services to farmers, said it has raised $ 30 million in a brand-new financing round as the Indian firm gapes to maintain its intensified raise despite the pandemic. Prosus Ventures, formerly known as […]

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App stores saw record 218 billion downloads in 2020, consumer spend of $143 billion

Mobile adoption continued to grow in 2020, in part due to the market powers of the COVID-1 9 pandemic. Harmonizing to App Annie’s annual” State of Mobile” manufacture report, mobile app downloads grew by 7% year-over-year to a record 218 billion in 2020. Meanwhile, consumer spending grew by 20% to too smack a brand-new milestone […]

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Tesla to make India debut ‘early’ next year

Tesla will begin operating in India in “early” 2021, a top Indian rector said here monday, a era after the tech-centric carmaker said it was confident it would penetrate the world’s second-most populated busines next year. Tesla’s operations will begin with auctions in early 2021 and then “maybe” look at assembling and constructing vehicles in […]

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