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SAIF-backed Bobble AI bounces back after down round; Xiaomi, angels big gainers

TMT

14 August, 2020

SAIF-backed Bobble AI bounces back after down round; Xiaomi, angels big gainers

Software and application developer Bobble AI, operated by Talent Unlimited Online Services Pvt. Ltd, has secured funding from a new ......

Govt bans TikTok, 58 other mostly Chinese apps amid border crisis

TMT

30 June, 2020

Govt bans TikTok, 58 other mostly Chinese apps amid border crisis

India on Monday banned 59, mostly Chinese, mobile apps including Bytedance's TikTok and Tencent's WeChat in its strongest move yet ......

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Russian, Korean firms top MNCs by revenue in India but Chinese growing the fastest

Finance

29 June, 2020

Russian, Korean firms top MNCs by revenue in India but Chinese growing the fastest

A Russian and a South Korean company are at the top of the list of 20 biggest multinational corporations in ......

New FDI policy upsets Xiaomi, Oppo's consumer finance plans

Finance

14 May, 2020

New FDI policy upsets Xiaomi, Oppo's consumer finance plans

Tougher scrutiny of foreign investment in India has soured the plans of China's smartphone manufacturers seeking to expand beyond selling ......

Xiaomi writes a funding cheque to jobs platform WorkIndia

TMT

11 February, 2020

Xiaomi writes a funding cheque to jobs platform WorkIndia

WorkIndia, a job portal for blue-collar workers, has raised Rs 42 crore (approximately $5.89 million at current exchange rates) from ......

Grapevine: Xiaomi may invest in Rapido; American PE firms eye Syska LED stake

General

29 November, 2019

Grapevine: Xiaomi may invest in Rapido; American PE firms eye Syska LED stake

Smartphone maker Xiaomi is looking to invest in a $75 million (Rs 538 crore at current exchange rate) round of ......

Xiaomi banks on phone data for finance play in India

Finance

23 August, 2019

Xiaomi banks on phone data for finance play in India

China’s Xiaomi is poised to launch a consumer lending business in India in the coming weeks, making an ambitious tilt ......

Grapevine: InterGlobe looks to buy Burger King India; Shunwei may bet on Yulu

General

11 July, 2019

Grapevine: InterGlobe looks to buy Burger King India; Shunwei may bet on Yulu

Rahul Bhatia-controlled InterGlobe group is in the final stage of talks to acquire the India franchise of fast-food restaurant chain ......

Flipkart's legal spat with GOQii may snowball in big India test for Walmart

TMT

04 June, 2019

Flipkart's legal spat with GOQii may snowball in big India test for Walmart

An Indian startup's legal challenge against a Walmart unit claiming losses caused by sharp discounting of its products is winning ......

KKR bids for Carlyle-backed Medanta; Vijay Sales acquires Hyderabad electronics chain

General

05 April, 2019

KKR bids for Carlyle-backed Medanta; Vijay Sales acquires Hyderabad electronics chain

US-based private equity firm KKR & Co. has bid to acquire a stake in heart surgeon Naresh Trehan-promoted Medanta hospitals, ......