General
Grapevine: Kedaara to raise $1 bn; Google, others eye local tie-ups to set up NPCI rival
Poised to become the largest homegrown private equity brand, Kedaara Capital is looking to raise a billion dollars (about Rs ......
Finance
Coronavirus knocks angel and seed deals off perch, continues to clobber VC investments
Venture deal volumes, which have suffered since March when the lockdown started, continued to remain subdued last month even as...
Markets
Nifty, Sensex jump over 2% as Reliance Industries soars on Facebook deal
Indian stocks edged higher on Wednesday, lifted by an 8% jump in Reliance Industries Ltd after Facebook invested in its ......
TMT
Facebook to buy minority stake in Reliance's Jio Platforms for $5.7 bn
Facebook Inc. will invest Rs 43,574 crore ($5.7 billion) in the digital business of Reliance Industries Ltd...
General
Grapevine: Facebook eyes Jio stake; Future group puts insurance venture on block
Facebook is close to signing a multibillion-dollar deal for a 10% stake in heavily-indebted Reliance Jio, which boasts the acquisition...
Infrastructure
SoftBank's Kirthiga Reddy joins WeWork board
Office sharing startup WeWork said on Thursday that Kirthiga Reddy, partner at SoftBank Investment Advisers since 2018, would...
TMT
Govt tells tech firms to protect user privacy, prevent abuse
Technology firms must protect user privacy and prevent abuse of their platforms, India’s IT minister said on Thursday, speaking...
General
Grapevine: Alibaba to list terms for Zomato funding; SoftBank may invest in Meesho
Chinese e-commerce giant Alibaba's fintech affiliate Ant Financial, which is a key shareholder in Zomato Media Pvt. Ltd, may...
TMT
WhatsApp to roll out payments feature in India this year
WhatsApp will roll out its payments service in India this year following a year-long pilot, its global chief Will Cathcart ......
TMT
India govt panel recommends cryptocurrency ban, 10-year jail term
An Indian government panel has recommended banning all private cryptocurrencies and a jail term of up to 10 years and ......
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