Unicorn India Ventures announces first close of its ₹400 crore equity fund

In a positive news to the otherwise grim overall investment scene, India-based…

Softbank-backed satellite internet startup OneWeb files for bankruptcy

In a not-so-proud-to-be first for Softbank, one of its star portfolio companies,…

Ola CEO forgoes annual salary, company to put in ₹20 crores (~$2.6M) to support driver partners

Ola, India’s biggest ride hailing platform, has come up with another plan…

Abbott announces new COVID 19 test that delivers results in minutes

In a major breakthrough in the global fight against coronavirus, Abbott Laboratories…

US markets tank after historic 3-day recovery as country leaves behind China with over 93,000 COVID-19 cases

Stock markets across the US again tumbled on Friday morning, as the…

Marquee VC firms in India creating joint investment platform to bail out portfolio startups impacted by Coronavirus: Report

In a move aimed at bailing out some of India’s top venture…

OYO warns partner hotels of disruption in payment cycle due to Coronavirus outbreak

It is no hidden truth, that the impact of ongoing COVID 19…

Streaming platform Hooq has filed for liquidation due to restricted growth

Hooq, a Singapore based streaming platform backed by Singapore Telecommunications limited, has…

Facebook announces a ‘Coronavirus Community Hub’ on Messenger to contain misinformation spread

Facebook announced yesterday, a coronavirus community hub for people who use its…

Tencent, Huawei to partner for a cloud gaming platform

As cloud gaming brings an all new era to the largely unchanged…

Swiggy ready to use idle fleet for delivering essential commodities, COO Vivek Sundar says

Swiggy, one of the two Indian food delivery unicorns, has been having…

India’s MX Player expands into a dozen new international markets, including the US and UK

At a time when most people across the world are staying indoors…

Amazon reportedly did not notify workers at a US facility after one of them tested positive for COVID-19

In what would easily amount to irresponsible and negligent behavior, the management…

Ola seeks government relaxations for its drivers in the form of interest free loans and tax free ‘holiday’ periods

Ola, India’s biggest ride hailing service, wants the government to step in…

Amazon stops accepting cash as a mode of payment in India to prevent COVID 19 spread

Amazon, in an announcement on its website, has promulgated that it is…

Tesla’s New York gigafactory to reopen for ventilator production ‘as soon as humanly possible’, says Elon Musk

Elon Musk has confirmed that Tesla’s New York gigafactory would reopen soon…

Flipkart is resuming grocery services after government clarification on functioning of ecommerce during lockdown

Flipkart, after suspending all of its operations earlier, is set to resume delivery…

GSMA announces refund deal for MWC 2020, 100% remittance to attendees with similar benefits for exhibitors

Mobile World Congress 2020 was an early casualty of the COVID-19 pandemic.…

“Microsoft will get out of COVID-19 crisis ‘pretty strong’ “, assures CEO Satya Nadella

Even though coronavirus has most companies in the world on their knees,…

Flipkart suspends all operations, Amazon to only deliver essentials as India locks down

Two of India’s biggest ecommerce players are suspending most of their operations…