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Premji Invest-backed KrazyBee parent set to raise $75-100 mn

Finance

16 June, 2022

Premji Invest-backed KrazyBee parent set to raise $75-100 mn

The holding entity of fintech firms KreditBee and Krazybee is in advanced stages to raise around $75-100 million (Rs 585-780 ......

China smartphone maker Xiaomi to invest $10 bn in new EV unit over 10 years

Consumer

30 March, 2021

China smartphone maker Xiaomi to invest $10 bn in new EV unit over 10 years

Chinese smartphone maker Xiaomi Corp has formally entered the automotive industry with a new smart electric vehicle (EV) business,...

Xiaomi adds manufacturing muscle in India to boost phone production

Manufacturing

25 February, 2021

Xiaomi adds manufacturing muscle in India to boost phone production

China's Xiaomi Corp is enlisting more contract manufacturers to make its phones in India, adding heft in a country where ......

Warburg Pincus backs consumer electronics brand boAt in rare consumer bet

Consumer

06 January, 2021

Warburg Pincus backs consumer electronics brand boAt in rare consumer bet

In a rare consumer sector bet, Warburg Pincus has invested nearly $100 million in Imagine Marketing Pvt Ltd, the Mumbai ......

India import hurdles hit Apple iPhone, Xiaomi devices from China

General

25 November, 2020

India import hurdles hit Apple iPhone, Xiaomi devices from China

India's tight control of quality clearances for electronic goods from China slowed the import of Apple's new iPhone model...

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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...

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...

Premium
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...

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)...

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