TMT

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

TMT

14 January, 2020

E-commerce firms shouldn't offer heavy discounts: CCI chief

Big e-commerce firms should not offer steep discounts, must disclose discounting policies and ensure they do not drive brick-and-mortar...

• Reuters

TMT

14 January, 2020

SoftBank-backed Oyo lays off over 1,000 employees amid profit push

SoftBank-backed (9984.T) Oyo Hotels and Homes is laying off hundreds of employees in India, according to a source and an ......

• Reuters

TMT

14 January, 2020

Swiss impact investor responsAbility hits first close of climate debt fund

Zurich-based impact investor responsAbility Investments AG has launched a climate debt fund focussed on emerging countries and...

• Narinder Kapur

TMT

14 January, 2020

Omnivore, Insitor back B2B food commodity marketplace TechnifyBiz

Business-to-business (B2B) food commodity marketplace TechnifyBiz said on Tuesday it has raised over $2 million (Rs 14 crore)...

• Joseph Rai

TMT

14 January, 2020

Sequoia accelerator Surge leads pre-seed funding in fintech firm Klub

Klub Works Pvt. Ltd, a financial technology startup focussed on providing financing to brands, has raised $2 million (approximately...

• Narinder Kapur

TMT

14 January, 2020

WeWork debacle has unicorn investors seeking cover

In the months since office-sharing startup WeWork's botched public debut, mid- and late-stage investors in big start-ups have...

• Reuters

TMT

13 January, 2020

CCI orders antitrust probe against Amazon, Flipkart

India’s antitrust body on Monday ordered an investigation into alleged competition law violations by Amazon.com Inc and...

• Reuters

TMT

13 January, 2020

Sequoia, others deposit $13.2 mn into neo-banking startup EpiFi

EpiFi Technologies Pvt. Ltd, which operates a neo-banking startup, has raised $13.2 million (approximately Rs 93.49 crore at current...

• Narinder Kapur

TMT

13 January, 2020

Chiratae Ventures leads Series A funding in e-logistics firm Pando

PandoCorp Pvt. Ltd, which operates e-logistics firm Pando, has raised Rs 64 crore (approximately $9 million at current exchange...

• Narinder Kapur

People

13 January, 2020

Amazon boss Bezos to face protests from traders during India trip

Thousands of small-scale traders in India are planning to organise protests against Amazon.com Inc founder Jeff Bezos, who will...

• Reuters