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Explore news, startup funding, sector trends, and policy updates transforming the technology, media, and telecom landscape in India.

SoftBank may invest $200-250 mn in food delivery platform Swiggy

TMT

29 November, 2017

SoftBank may invest $200-250 mn in food delivery platform Swiggy

Japanese telecom and internet conglomerate SoftBank is in discussions to invest around $200-250 million (Rs 1,288-1,610 crore) in homegrown food ......

Myntra to buy stake in former PE exec's fashion e-commerce startup

TMT

29 November, 2017

Myntra to buy stake in former PE exec's fashion e-commerce startup

Flipkart group’s fashion and lifestyle e-tailing arm Myntra is likely to acquire a stake in Mumbai-based women-focused online fashion platform ......

Uber's Q3 adjusted loss widens to $743 mn: Report

TMT

29 November, 2017

Uber's Q3 adjusted loss widens to $743 mn: Report

Uber Technologies Inc's quarterly adjusted losses widened to $743 million, up 14 percent from the previous quarter, the Financial Times ......

Bitcoin cruises past $10,000 for the first time

TMT

29 November, 2017

Bitcoin cruises past $10,000 for the first time

Virtual currency bitcoin rose to an all-time high above $10,000 on trading platform BitStamp on Wednesday.Bitcoin rose to as high ......

Telecom regulator TRAI bats for net neutrality with own recommendations

TMT

28 November, 2017

Telecom regulator TRAI bats for net neutrality with own recommendations

India’s telecom regulator has made recommendations to ensure an open internet in the country and prevent any discrimination in internet ......

SoftBank offers to buy Uber shares at 30% less than current value

TMT

28 November, 2017

SoftBank offers to buy Uber shares at 30% less than current value

Japan’s SoftBank Group Corp is offering to purchase shares of Uber Technologies Inc at a valuation of $48 billion, a ......

SoftBank's purchase of Flipkart shares from Tiger, Accel awaits regulatory nod

TMT

29 November, 2017

SoftBank's purchase of Flipkart shares from Tiger, Accel awaits regulatory nod

The sale of Tiger Global and Accel's shares in homegrown e-commerce firm Flipkart to Japan's SoftBank is awaiting clearance from ......

Gul Panag-cofounded health and fitness startup MobieFit raises $1.35 mn

TMT

28 November, 2017

Gul Panag-cofounded health and fitness startup MobieFit raises $1.35 mn

Health and fitness startup MobieFit, co-founded by actress, activist and fitness advocate Gul Panag, has raised $1.35 million...

RCom to sell DTH business to Pantel Technologies, Veecon Media

TMT

28 November, 2017

RCom to sell DTH business to Pantel Technologies, Veecon Media

Anil Ambani-led Reliance Communications said it will sell its direct-to-home business Reliance BIG TV Ltd to Pantel Technologies Pvt. Ltd ......

Flipkart co-founders booked for 'cheating' businessman

TMT

28 November, 2017

Flipkart co-founders booked for 'cheating' businessman

The Bangalore police have registered a case of cheating under different sections of the Indian Penal Code against Sachin Bansal ......

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