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Explore news, startup funding, sector trends, and policy updates transforming the technology, media, and telecom landscape in India.
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Mohandas Pai-backed SwarmX may sell IP to Chinese-American drone firm
Drone technology startup SwarmX is negotiating the sale of its intellectual property with a Chinese-American drone company as its founder ......
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Lenskart invests $1 mn in 3D face modelling startup Ditto
Eyewear e-tailer Lenskart has invested $1 million (around Rs 6.5 crore) in US-based Ditto which develops 3D face models for ......
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Kae Capital backs consumer lending startup CrediFiable
Online consumer lending platform CrediFiable, which is operated by Bengaluru-based OneFiable Technologies Pvt. Ltd, has raised an undisclosed amount of ......
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Flipkart wins festive season battle, says Redseer; Amazon counters claim
The online festive season sales saw e-commerce behemoths Flipkart and Amazon go head-to-head in one of the largest shopping extravaganzas. ......
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Alibaba to invest $15 bn in building global logistics network
Chinese e-commerce firm Alibaba Group announced it will invest 100 billion yuan ($15.12 billion) over five years to build a ......
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Lyft eyes London entry as rival Uber banned
Lyft, Uber’s closest U.S. rival in the taxi-hailing business, met repeatedly with officials from London’s transport regulator over the past ......
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Fitness activity discovery startup Sportobuddy raises $1.5 mn
Locobuddy Mobile Technology Pvt. Ltd, which runs sports and fitness discovery portal Sportobuddy, has raised $1.5 million (about Rs 98 ......
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Rapido raises fresh funding from Battery Road Digital Holdings, others
Bangalore-based Roppen Transportation Services Pvt. Ltd, which operates bike taxi startup Rapido, has raised Rs 2.75 crore ($422,000) in a ......
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Ecom Express hires former GE exec Mayank Gupta as CFO
Ecom Express Pvt. Ltd, a logistics solutions provider for the e-commerce industry, has appointed former General Electric and Maruti Suzuki ......
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Amazon strikes JV with Patni Group to beef up customer support function
Amazon India Ltd and Patni Computer co-founder Ashok Patni have floated a joint venture, Frontizo Business Services Pvt. Ltd, the ......
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