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Startups

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After CCI, NCLAT too dismisses plea asking for probe against Ola and Uber

The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea seeking…

Facebook and Paypal announce investment in Southeast Asian tech unicorn GoJek

Facebook and Paypal today announced, in their own separate press statements, an…

Fintech BankBazaar infused with ₹45 Crore ($6Mn) by existing investors in ongoing Series D round

BankBazaar, the online fintech platform that lets users browse and apply for…

Custom furniture startup “WoodenStreet” scores $3 million from IAN fund

Jaipur based startup WoodenStreet has raised $3 million in funding from IAN…
didi

Softbank leads $500Mn round in China’s Didi’s self-driving unit

Chinese ride-hailing giant Didi Chuxing has acquired $500 million for its autonomous…

Softbank attempts Paytm Mall-Grofers merger as additional startup capital dries up

With COVID-19 pandemic severely impacting all forms of economic activity, startups aren’t…
Apple

Apple buys Ontario based Inductiv for its tech that automates error corrections in ML input data feeds

Apple, the company that gave the world iPhones and Mac computers, has…
softbank

Softbank Vision Fund to lay off 10% of its workforce following historic losses

Following a $17.7 billion loss amid crumbling valuations of portfolio startups, Softbank…

Ola enters global electric two wheeler market with Amsterdam-based Etergo’s acquisition

Ola Electric, the electric vehicles arm of Ola that was branched out…
Swiggy

Swiggy testing delivery of supplies on credit, to partner restaurants through ‘Swiggy Staples Plus’

Swiggy is offering a chance for its partner restaurants to get supplies…
amazon logo

Amazon in advanced talks to acquire autonomous vehicle start-up Zoox: WSJ

Amazon is reportedly devising a major venture into the autonomous vehicle industry.…

Swedish digital health consultation platform Doktor.se lands €45M in Series C

Doktor.se, the Swedish health tech startup that provides digital consultations to patients…

CoinDCX lands $2.5M in fresh round as India sees surge in cryptocurrency trading amid COVID-19 lockdown

India does not have a lot of companies around cryptocurrencies or their…

China’s Meituan hits $100 billion valuation mark, reports better-than-expected earnings

The latest financial quarter seems to have come as a mixed bag…

Swiggy pilots liquor delivery in Ranchi, expected to roll out service in other areas soon

Coronavirus, the threat that has taken over the world and put multiple…

Khatabook lands $60Mn in fresh capital as small businesses turn to digital economy for post-COVID recovery

Khatabook, one of the more popular fintech companies in India to have…

Swiggy to lay off 1100 employees as COVID-19 blunts hospitality

Covid 19 has crippled the foundation of the economical world as it…

Accenture acquires India’s Byte Prophecy for its AI powered business insights and data analytics solution

IT major Accenture has announced the acquisition of Byte Prophecy, a little…