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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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Flush with funds, Flipkart sets aside $1.25 bn for buyouts, investments
Homegrown e-commerce major Flipkart has bumped up the reserves earmarked for financing investments, making acquisitions and extending inter-corporate loans to ......
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Reseller platform GlowRoad raises Series A funds from Accel Partners
GlowRoad, a women-centric customer-to-customer (C2C) reseller network, has raised $2 million (Rs 12.8 crore) in Series A funding from Accel ......
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Zomato acquires Runnr to boost food delivery biz
Online restaurant discovery and food delivery company Zomato Media Pvt. Ltd has acquired on-demand logistics and food delivery startup Runnr.“With ......
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Apple rolls out $999 iPhone X amid flurry of launches
Apple Inc on Tuesday rolled out its much-anticipated iPhone X, a glass and stainless steel device with an edge-to-edge display ......
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RBI 'not comfortable' with bitcoin, evaluating cryptocurrencies
The Reserve Bank of India (RBI) has a group looking into cryptocurrencies as legal tender, a senior official said on ......
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China crackdown on initial coin offerings causes cryptocurrency chaos
China’s move last week to ban initial coin offerings (ICO) has caused chaos among start-ups looking to raise money through ......
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WhatsApp co-founder Brian Acton to leave company
Brian Acton, co-founder of WhatsApp, now owned by Facebook Inc, will leave the messaging service company to start a new ......
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Online lending startup Rubique in talks to raise $20 mn in Series B round
Mumbai-based fintech startup Rubique is in an advanced stage of talks with Chinese and UAE venture capital firms besides existing ......
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ShopClues looks for growth clues as e-commerce battle intensifies
ShopClues, which had raised $100 million around 20 months ago, has expressed openness to explore the option of a merger ......
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Govt clears plan to hive off BSNL's telecom tower assets
India approved a plan on Tuesday to hive off mobile tower assets of state-run telecom operator Bharat Sanchar Nigam Ltd ......
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