Acquisitions Startups Zomato acquires UberEats India in an all-stock deal worth $350 million Days after raising $150 million from Ant Financials at a $3 billion… Jeet SutharJanuary 21, 20202 minute read
Business E-commerce Jeff Bezos announces electric delivery rickshaws for the Indian market Jeff Bezos has gotten a little too gaga for India and has… Upneet SinghJanuary 20, 20202 minute read
Business Samsung Samsung to invest $500 million for setting up its first mobile display plant in India Samsung, which once dominated the Indian smartphone market and is currently the… Jeet SutharJanuary 20, 20202 minute read
Futurism Science Space SpaceX successfully tests crucial crew abort system, setting stage for space station crewed missions Elon Musk-led SpaceX has today successfully launched its Crew Dragon spacecraft using… Jeet SutharJanuary 19, 20202 minute read
Business E-commerce Amazon announces partnership with thousands of mom-and-pop (kirana) stores across India Amazon has been doubling down on its investments in India and Jeff… Upneet SinghJanuary 18, 20202 minute read
Apps Facebook halts controversial plan to sell ads on WhatsApp It seems like social media giant Facebook is taking a back seat… Jeet SutharJanuary 18, 20201 minute read
New Cambridge Analytica email chain highlights Facebook’s careless handling of the data misuse scandal Ever since it ended, the U.S. presidential elections of 2016 have been… Upneet SinghJanuary 18, 20203 minute read
Futurism Space Elon Musk shares updates on SpaceX Starship development There are some fresh updates on SpaceX’s Starship, the aircraft that the… Parampreet SinghJanuary 17, 20202 minute read
Google-parent Alphabet just debuted in the trillion-dollar market cap club We finally have yet another member joining the exclusive and highly elite… Staff@The Tech PortalJanuary 17, 20202 minute read
Business India’s top court rejects plea by telecom companies seeking relief from over $14 billion in dues to government India has 3 private and 1 state-owned telecom player. Out of the… Staff@The Tech PortalJanuary 17, 20202 minute read
Internet News Jeff Bezos meets Bollywood, says India is Amazon Prime Video’s best market Prime Video is the average Indian’s definition of online streaming. With its… Upneet SinghJanuary 16, 20202 minute read
Business Culture & Policy “Doing no great favour to India”, Trade minister Piyush Goyal on Jeff Bezos’ $1B India commitment While the media was going Gaga over Jeff Bezos’ kite flying, his… Staff@The Tech PortalJanuary 16, 20202 minute read
Apps Business Over 204 billion app downloads globally in 2019, $120 billion consumer spend, India sees 190% growth in downloads App Annie’s annual State of Mobile report is out and once again,… Staff@The Tech PortalJanuary 15, 20202 minute read
Electric Futurism Mercedes Benz enters India’s electric vehicle space with the launch of ‘EQ’ ‘EQ’, the electric vehicles brand floated globally by German luxury automaker Mercedes… Staff@The Tech PortalJanuary 15, 20202 minute read
Apps Consumer Tech Internet Spotify India users will now get access to an expanded music library as dispute with Warner Chappell ends Spotify, the world’s biggest music streaming service launched in India last year… Upneet SinghJanuary 14, 20202 minute read
Culture & Policy Internet India lost ₹9,440 crores (~$1.3 Billion) to internet shutdowns in 2019: Study In what continues to highlight the growing need for regulation over Government… Staff@The Tech PortalJanuary 13, 20202 minute read
Startups EpiFi, a neobanking platform by former Google Pay India execs, bags $13.2M in seed from Sequoia, others India has seen a surge of inclusive tech startups in the financial… Jeet SutharJanuary 13, 20202 minute read
Startups Oyo is reportedly firing thousands of employees across China and India Oyo, after witnessing a phase of aggressive expansion into multiple geographies globally… Jeet SutharJanuary 11, 20202 minute read
Business Startups PayU acquires majority stake in digital credit lender Paysense at a $185 million valuation After Razerpay launched corporate credit cards and other neo banking services, its… Parampreet SinghJanuary 10, 20202 minute read
Business World Bank’s IFC is taking a 4.5% stake in Sachin Bansal’s NAVI in a $30M deal Two in a row for Sachin Bansal today. While we just got… Upneet SinghJanuary 10, 20202 minute read
Business Startups Zomato gets $150M from Ant Financial as possible UberEats India acquisition nears close More financial spice is now being added to the Indian food delivery… Jeet SutharJanuary 10, 20202 minute read