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| Jun 11, 2024 | Stoa School has hit pause button but not dead: Co-founder Kunkolienkar | Stoa School, which offers MBA boot camp program, has hit a pause button on its operations and is currently re-evaluating its future course of action, the company co-founder Raj Kunkolienkar told Entrackr.
Stoa has stopped accepting new stud... |
| Apr 18, 2024 | The Good Glamm Group lays off employees, restructures top deck amid IPO plan | Content-to-commerce platform The Good Glamm Group has reduced its workforce by 15% or 150 employees in the last 12-15 months, according to the company.
“We have put in place a new organisational framework to streamline our operations, which... |
| Jul 7, 2023 | Visa Acquired Pismo For $1 Billion, Highlighting Fintech Renaissance In Emerging Markets | Innovation has globalized. The best ideas come from anywhere and scale everywhere. getty |
| Jun 14, 2023 | Walking the Tightrope: Balancing Innovation and Regulation in Southeast Asia’s Fintech Industry | As Southeast Asia’s fintech industry continues to soar, creating a delicate balance between fostering innovation and implementing regulation has become a critical challenge. This vibrant sector has been experiencing tremendous growth, drive... |
| Feb 23, 2023 | This is as good a time as any to start a company | Zerodha is one of the most successful Indian fin-tech startups. When Zerodha founders Nithin Kamath and Nikhil Kamath launched the operation of the company in 2010, the world was just coming out of the 2008 financial crisis. Nobody was inte... |
| Feb 19, 2023 | 6 takeaways from the layoffs and spending cut hitting Dhaka’s startup scene right now | Layoffs and spending cuts indicate Dhaka’s fledgling startup scene has a difficult time ahead but it doesn’t warrant pessimism.
There has been some news about the layoffs happening in Dhaka’s tech startup scene. Delivery Hero-owned multina... |
| Jan 2, 2023 | Yet another Zomato co-founder leaves the firm | Zomato said on Monday its co-founder and chief technology officer Gunjan Patidar has left the firm, the latest in a series of departures at the Indian food delivery firm whose shares have lost over 57% of its value in the past year.
Patidar... |
| Oct 11, 2022 | The rise of fintech in Southeast Asia | Financial technology (fintech) is booming in Southeast Asia (SEA). Fintech funding in the region more than tripled to hit a record USD 3.5 billion in the first nine months of 2021, compared to USD 1.1 billion for all of 2020.
The fastest-gr... |
| Jul 8, 2022 | Why Singapore’s hi-tech maritime dream still isn’t shipshape | The Port of Singapore has held the crown of world’s busiest transshipment port by TEUs since 2020. Singapore’s ambitions go beyond just wearing that coveted crown, however. It wants its shipping industry, a core sector for the city-state’s ... |
| Jul 7, 2022 | Indonesia’s Robinhoods face biggest test as market slows: retaining users | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Budi Sutrisno · 13 Jul 2022 · 6 min readIndonesia’s Robinhoods face biggest test as... |
| Jul 4, 2022 | Exclusive: Byju’s secures $2.4b financing to buy US edtech firm 2U | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Collin Furtado · 2d ago · 2 min readExclusive: Byju’s secures $2.4b financing to bu... |
| May 30, 2022 | Amazon Likely To Participate In Vodafone Idea’s INR 20,000 Cr Fundraising | Amazon had reportedly carried out due diligence on investing in Vodafone Idea during the first quarter of 2021
Other major tech companies like Google, Microsoft and Facebook have already invested in Indian telecom companies
Shares of Vodafo... |
| Apr 4, 2022 | Gojek sells Coins.ph to ex-Binance CFO for almost $200m | AcquisitionsBlockchainNewsStartups
Aditya Hadi Pratama · 4 Apr 2022 · 1 min readGojek sells Coins.ph to ex-Binance CFO for almost $200m
Indonesian decacorn Gojek has sold Philippines-based fintech firm Coins.ph to Wei Zhou, the former chief... |
| Apr 4, 2022 | Ripple's ODL Corridor Sold to Ex-Binance CFO: Details | As reported by Indian news outlet The Ken, Philippines-based digital exchange Coins.ph has been sold to Wei Zhou—a former chief financial officer at the Binance giant—for $190 million by Indonesian major tech company Gojek.
The tech giant h... |
| Feb 22, 2022 | Indonesia’s innovative startups are the catalyst for increasing investment | In recent years, the explosive growth of Indonesia’s startup scene has grabbed global headlines. Its capital city, Jakarta, ranks third on Startup Genome’s 2021 “Emerging Ecosystems” with a combined startup valuation of USD 34 billion. Much... |
| Dec 28, 2021 | Southeast Asian startups to watch in 2022 | As someone who covers Southeast Asia startups and funding stories, the best word I can think of to describe 2021 is “whoa!” This was the year that global investors not only started to pay close attention to the region’s tech ecosystems, but... |
| Nov 30, 2021 | Bessemer goes bullish on India, raises $220 million to deepen local ties | Bessemer's Anand Vidur Puri said that their general philosophy is to invest more in the existing portfolio.
Bessemer Venture Partners, an investor in start-ups such as Swiggy, Urban Company and PharmEasy, has closed its first India-dedicate... |
| Nov 26, 2021 | Meesho and Kitabeli’s bumpy social commerce corridor | |
| Sep 20, 2021 | Amazon bets on Hindi voice shopping to reach wider India | Speaking of Amazon — which is reportedly conducting an investigation to find whether its lawyers bribed government officials in India — the company announced today it plans to roll out the voice shopping experience feature in the Hindi lang... |
| Sep 14, 2021 | Behind the scenes: Why Udaan finally has a CEO | Ganesh Chaturthi, one of India’s most popular festivals, celebrates the arrival of Lord Ganesh, the Hindu God of new beginnings and remover of obstacles. Markedly, one of India’s hottest startups embarked on a beginning of sorts on this aus... |
| Aug 23, 2021 | Vodafone Idea stock surges on reports of government’s telecom relief package extending AGR payment timeframe to 20 years | The Indian government’s telecom relief package could give Vodafone Idea and its shareholders something to look forward to.
This package could consist of a relief measure that overrides the Supreme Court’s AGR dues judgment, which also signa... |
| Jul 19, 2021 | Top 10 Buy Now Pay Later (BNPL) Players in India | The global pandemic brought about a fundamental shift in the way consumers interact with businesses. As lockdowns and movement restrictions were implemented, digital adoption soared at an accelerated speed. People started shopping online fo... |
| Jul 14, 2021 | Abhay Saboo’s quick math for CoLearn’s edtech gains | |
| Jul 9, 2021 | There are a few reasons why Zomato wants $8 billion valuation from its IPO — here's a look at if it makes sense | Zomato is pegged to be valued at $8.1 billion, ahead of its upcoming IPO scheduled for this year.
The company is expected to earn $1.4 billion as operational revenue, but the question over its profitability still lingers on.
Swiggy’s capita... |
| Jul 7, 2021 | Pandu Sjahrir’s Leap from Indonesia’s Coal Baron to Tech Kingmaker | |
| Jun 22, 2021 | Chinese sellers on Amazon in hot demand by VCs and e-commerce roll-ups | Chinese merchants selling on Amazon are having a moment. The scruffy exporters are used to roaming about suburban factory areas and dealing with constant cash flow strain, but suddenly they find themselves having coffee with top Chinese ven... |
| Jun 21, 2021 | GrowSari, a B2B platform for small stores in the Philippines, adds investors like Temasek’s Pavilion Capital and Tencent | Sari-sari stores are neighborhood stores in the Philippines that usually sell daily necessities and sometimes serve as community hubs, too. Today GrowSari, a startup that is digitizing sari-sari stores with features like pricing tools, inve... |
| Mar 27, 2021 | Five Star Finance raises $234 million from Sequoia, KKR, valued at $1.4 billion | Five Star Business Finance has raised $234 million in primary and secondary capital and has been valued at $1.4 billion, up from $950 million in July 2019, the small business lender said on March 26, making it India's fourth unicorn in 2021... |
| Mar 16, 2021 | Exclusive: Five Star Finance seeks $1.2 billion valuation, Morgan Stanley may exit | Investors in non-bank lender Five Star Business Finance are in talks for a secondary share sale, valuing the company at $1.2-1.3 billion (Rs 9,000 crore) and making it India’s newest unicorn, sources told Moneycontrol.
Existing investor Mor... |
| Mar 3, 2021 | Asia: P2P Lending Investment Outlook for HNWIs and Institutional Investors | The ASEAN economy is expected to become the fourth-largest economy in the world by 2030, growing at a pace of over 5% per year. Small and medium enterprises (SMEs) are the biggest contributors to this regional growth — they account for betw... |
| Mar 1, 2021 | Why Toppr had to sell to Byju’s — the inside story | In 2016, online learning firm Toppr was all the rage. Not in the headline grabbing, massive fundraising way that its ecommerce and fintech peers were, but in its own way, it was on fire. Toppr had one million students using its platform. It... |
| Jan 13, 2021 | Google cracks down on personal loan apps in India following abuse and outcry | Google said on Thursday it has pulled some personal loan apps from Play Store in India and was implementing stronger measures to prevent abuse following reports that said several firms were targeting vulnerable borrowers in the country and ... |
| Jan 4, 2021 | Data Of 10 Cr Digital Payments Transactions Leaked After Attack On Juspay’s Server | In what is seemingly the biggest data leak in India’s history in terms of the number of users affected, the data of 10 Cr cardholders has been leaked on the dark web.
The leaked data, which is in the form of a data dump, appears to have bee... |
| Jan 3, 2021 | Exclusive: India’s Biggest Data Leak? Info Of 10 Cr Cardholders Leaked From Juspay’s Server | In what is seemingly the biggest data leak in India’s history in terms of the number of users affected, the data of 10 Cr cardholders has been leaked on the dark web.
The leaked data, which is in the form of a data dump, appears to have bee... |
| Dec 8, 2020 | Total Crypto Trading Volume Hit Record $348 Billion Last Month: CoinGecko Data | Contents DEXes suffered a double-digit lossCoinGecko vs. CoinMarketCap
According to a monthly report published by cryptocurrency ranking site CoinGecko, the global cryptocurrency trading volume reached a new monthly all-time high of $348 bi... |
| Nov 22, 2020 | Byju’s-owned Indian startup WhiteHat Jr sues critics | Karan Bajaj, an Indian entrepreneur who teaches meditation and in his recent book invites others to live a life away from the noise, is going after the most vocal critics of his startup.
Bajaj, founder of coding platform WhiteHat Jr, has fi... |
| Nov 16, 2020 | Indonesian telecom network Telkomsel invests $150 million in Gojek | Telkomsel, Indonesia’s biggest telecom network, has invested $150 million in ride-hailing firm Gojek, the two companies said on Tuesday.
As part of the “strategic partnership,” the two firms said they will explore a “broad range of collabor... |
| Sep 2, 2020 | PropertyGuru lands $220M from KKR and TPG to conquer Southeast Asia | Southeast Asia’s leading property listing company PropertyGuru is making great strides across the region as it secures a fresh investment of SG$300 million ($220 million), it announced this week.
The proceeds, financed by existing investors... |
| Aug 13, 2020 | TikTok rival Likee reaches 150M monthly users worldwide | As TikTok’s fate remains in flux, its smaller rival Likee has been making waves around the world, garnering 150 million monthly active users as of this June.
That’s according to the earnings report of Chinese internet company Joyy, the owne... |
| Jul 21, 2020 | TravelTriangle’s ousted CEO Sankalp Agarwal rejoins the firm | Covid-19 pandemic has the worst impact on the travel and hospitality sector. While the majority of startups in the sector have been contemplating shutdown, mature and deep-pocketed ones have resorted to layoffs, salary cuts and furloughs.
H... |
| Jun 5, 2020 | Zomato likely to shut down grocery vertical Zomato Market | Zomato is planning to shut its newly launched grocery delivery service, Zomato Market, said two sources aware of the development. This comes as a surprise as the foodtech unicorn was on its way to expand the grocery delivery operations and ... |
| May 4, 2020 | With 165 Mn YouTube video views Unacademy claims 82% revenue growth in April | As students across the country turned to online education over the last 40 days, edtech firms have witnessed unprecedented growth. Online learning platform Unacademy’s chief executive Gaurav Munjal said on Monday that the firm’s revenue in ... |
| May 1, 2020 | Streaming service Hooq shuts down, ends partnerships with Disney’s Hotstar, Grab and others | Hooq, a five-year-old on-demand video streaming service that aimed to become “Netflix for Southeast Asia,” has shut down weeks after filing for liquidation and terminated its partnerships with Disney’s Hotstar, ride-hailing giant Grab, and ... |
| Apr 17, 2020 | The Morning Context raises seed fund | The Morning Context, a subscription-only digital media publisher covering technology and business, has raised funds within seven months of its launch from individual investors at a time when the media business is in sharp focus.
The maiden ... |
| Mar 20, 2020 | Decoding Unacademy’s $110 Mn Series E round | Unacademy had announced a $110 million Series E round led by General Atlantic last month but the company didn’t disclose the break-up of the round. We have outlined the details of the said investment round, enumerating the investment amount... |
| Mar 4, 2020 | SoftBank-backed Indian startup Oyo to cut 5,000 jobs globally | Oyo said on Wednesday it is laying off 5,000 people from its global workforce as the Indian budget hotel startup looks to cut its spendings and chase profitability.
The latest round of job cuts would reduce Oyo’s headcount to 25,000 in over... |
| Feb 7, 2020 | Indian education startup Byju’s raises $200M from General Atlantic | Indian education firm Byju’s said on Friday that General Atlantic, an existing investor in the startup, has pumped additional money to join its new, ongoing financing round.
While the Bangalore-based startup, which helps students learn conc... |
| Feb 2, 2020 | Фудтех в Индии через призму сделки Zomato и Uber | Анализ на основе собственных наблюдений за индийским рынком. Внутри — как растет foodtech в Индии, почему местные венчурные инвесторы вкладывают в темные кухни и сможет ли Uber стать прибыльной в 2021 году, как обещает инвесторам.
2 2 комме... |
| Jan 22, 2020 | Uber Eats India Lessons | Uber has sold its food delivery business, Uber Eats, in India to local rival Zomato in an all-stock deal that gives Uber 9.99% ownership in Zomato. The move is aimed to help Uber cut losses and is expected to help Zomato to raise a mega-rou... |
| Dec 17, 2019 | Indian education startup Byju’s turns profitable | One of India’s biggest tech startups is no longer losing money. Education tech startup Byju’s on Tuesday posted a net profit of $2.8 million on revenue of $188.8 million in the financial year that ended in March this year.
During the same p... |
| Sep 23, 2019 | Former journalists at The Ken launch subscription-only publication ‘The Morning Context’ | India digital news market is undergoing a transformation as subscription-based models are gaining grounds. In the last few years, many news sites have ‘income up’ with similar model putting their content behind a paywall and asking readers ... |
| Jul 16, 2019 | Ritesh Agarwal hatched investment entity seeks CCI nod to acquire stake in OYO | Not only is the OYO seeing changes in the management structure, organisation structure, and business offerings, but also the equity shareholding pattern.
Several reports have been circulating in the media in recent times illustrating how OY... |
| May 31, 2019 | Alibaba pumps $100 Mn in VMate to win India’s burgeoning social video space | After investing heavily in Indian payments, e-commerce, and foodtech, China tech behemoth Alibaba is now betting big on the country’s video market.
The Chinese multinational conglomerate has been pouring $100 million in Vmate, a short video... |
| May 30, 2019 | Byju’s claims profitability in FY19 with Rs 1,430 Cr worth revenue | Like a meritorious student, the torchbearer in edtech space Byju’s has kept its promise to become profitable on a full year basis with a revenue of Rs 1,430 crore in FY19, a figure close to the tall claim made by the first Unicorn in this s... |
| May 30, 2019 | Alibaba pumps $100 million into Vmate to grow its video app in India | Chinese tech giant Alibaba is doubling down on India’s burgeoning video market, looking to fight back local rival ByteDance, Google and Disney to gain its foothold in the nation. The company said today that it is pumping $100 million into V... |
| Apr 4, 2019 | India’s OYO enters Japan in partnership with SoftBank | Fresh from closing a notable investment from Airbnb, India’s OYO has expanded its footprint into Japan. The move comes through a joint venture with investor SoftBank — which led OYO’s $1 billion round last year through its Vision Fund — whi... |
| Mar 12, 2019 | The Juggernaut is a subscription media company for the South Asian diaspora | Everyone and their dog seems to have an email newsletter today, but what happens if and when yours takes off? Some have gone down the paid route, but another credible alternative is to turn it into a subscription media business.
That’s a ro... |
| Dec 17, 2018 | Times Internet is making a comeback in e-commerce with bouquet of private labels | Times Internet is making a comeback in e-commerce with Indiatimes Lifestyle Network across a range of private labels in categories such as grooming, apparel, and accessories. This would be the second attempt at commerce by the country’s lar... |
| Sep 6, 2018 | Tencent pours in $100 Mn in Dream11 at valuation of $500 Mn | Fantasy sports platform Dream11 has raised around $80-100 million round from Tencent Holding, said two sources close to the development.
The Mumbai-based company was in talks with the Chinese conglomerate for the investment round from past ... |
| Aug 22, 2018 | Sequoia becomes largest VC fund in India, looses three directors in past 15 months | Sequoia India became the largest VC fund in the country after raising its slashed sixth fund at $695 million, which was earlier $1 billion, on Tuesday.
Its total assets under management now stand at 3.9 billion, way more than VC firms inclu... |
| Aug 14, 2018 | The Ken Raises $1.5M in Series A Funding Round | The Ken, a Bangalore, India-based provider of digital, subscription-driven publication, raised $1.5m in Series A funding.
The round was led by Omidyar Network.
The company will use the funds to accelerate its organization growth and expand ... |
| Jul 19, 2018 | Term Sheet — Thursday, July 19 | YOUNG & INFLUENTIAL
Good morning, Term Sheet readers.
Paid Content Securing the enterprise without boundaries From ExtraHop
Two investors made the list — Female Founders Fund founding partner Anu Duggal as well as Backstage Capital foun... |
| Jul 18, 2018 | Omidyar Network Leads $1.5M Series A for The Ken | The Ken, an India-based business news site, has raised $1.5 million in Series A funding, according to an announcement on its site. Omidyar Network led the round. |
| Jul 18, 2018 | The Ken raises $1.5M to grow its subscription journalism business in India | The Ken, a subscription news startup from India, is moving through the gears after it raised $1.5 million in fresh funding to build out its media business.
We first profiled the company in March 2017 and now, nearly 18 months later, the sta... |
| Jul 18, 2018 | The Ken bags $1.5 Mn Series A round from Omdiyar Network | Subscription-based online media publication, The Ken has raised $1.5 million Series A round led by Omidyar Network. This is the first institutional round for the Bengaluru-based publication.
Founded in July 2016, The Ken provides one origin... |
| Jul 18, 2018 | India Digest: The Ken raises $1.5m led by Omidyar; Sixth Sense backs SaffronStays | Premium
In the latest startup funding activity, news platform The Ken said it has raised $1.5 million in a Series A funding round led by impact investor Omidyar Network while hospitality startup SaffronStays has secured about $2 million fun... |
| Jun 27, 2018 | India’s Times Internet buys popular video app MX Player for $140M to get into streaming | Times Internet, the digital arm of Indian media firm Times Group, is getting into the digital content space, but not in the way you might think.
The company’s previous venture — an OTT called BoxTV.com — shut down in 2016 after an underwhel... |
| Jun 13, 2018 | With 1,000 hotspots, Facebook Express Wi-Fi to spread wings aggressively across Bharat | To accelerate its attempt to provide Internet to underserved sections, social networking behemoth Facebook will be aggressively rolling out its Express Wi-Fi services in coming six months.
Express Wi-Fi, which was started in May last year i... |
| Jun 5, 2018 | Amidst facing heat from NPCI and BBS, BillDesk eyes raising $100 Mn | Payments gateway BillDesk is looking to raise $80-$100 million through a secondary sale of its shares.
The firm has held talks payment giants like PayPal and American Express in search of potential buyer as its PE investors seek the exit. L... |
| Apr 23, 2018 | Zomato is closing sales of Gold subscription on pretext of remarkable demand | Driving an adoption of a new feature or product is not easy until it doesn’t solve a glaring problem. The situation gets more challenging when the product is paid and the company behind has been evangelising a freemium model.
Nevertheless, ... |
| Apr 12, 2018 | Ola to launch operations in UK soon, pilots in Manchester | India’s biggest cab-hailing company Ola, after launching its operation in first overseas market in Australia, is all set to launch its operations in the UK.
The ride-hailing firm is planning to set up operation in Manchester first and then ... |
| Mar 27, 2018 | How Prasar Bharati’s data-free online TV offering may spoil OTT players rural India plan | India’s public broadcaster Prasar Bharati, which runs All India Radio and Doordarshan (DD), is working on a data-free technology to offer online content to rural smartphone users.
Through the Digital Terrestrial Transmission (DTT) technolog... |
| Mar 23, 2018 | Minjar’s acquisition blaze a trail: With $2 Mn funding, it makes $50 Mn within 5 years | Startups are of two kinds. Those who keep raising capital, increasing its valuation on paper and develop a habit of being in news all the time. Meanwhile, the second breed of startups (very low in numbers in contrast to the first breed) ten... |
| Jan 30, 2018 | Is VC firm Bessemer Venture Partners exploring an exit from India? | Silicon Valley-based early stage venture capital Bessemer Venture Partners (BVP) may halt investment in Indian startups as several senior partners and executive have reportedly moved out from the firm.
Currently, only two people are left wi... |
| Jan 24, 2018 | Times Internet acquires MX Player for $200 Mn in cash, to launch OTT App soon | Times Internet has acquired a majority stake in Gangnam (Seoul)-based MX Player for about $200 million. The deal reportedly sealed a few weeks ago and said to be all in cash.
The investment will help Times Internet to launch its over-the-to... |
| Jan 18, 2018 | Amazon claims leadership position, outnumbers Flipkart with 42% order share | Jeff Bezos-led Amazon has claimed that it has left local rival Flipkart behind to become the leader in online retail space. The e-commerce behemoth claims to have 44 per cent customer share and 42 per cent order share on an overall market-b... |
| Jan 17, 2018 | Alibaba plans to launch short format video streaming service in India by April | Jack Ma-led Chinese Internet major Alibaba is planning to launch an over-the-top (OTT) video service in India in the next three months. The OTT service is likely to be launched in collaboration with its Indian portfolio Paytm and Alibaba’s ... |
| Jan 10, 2018 | Voonik is underway its 5th pivot, to setup offline franchise stores in smaller cities | Bengaluru-based online fashion retailer Voonik is making the pivot for the fifth time, since its inception in 2013. This time, it’s exploring offline channel though franchise stores in tier II and III cities.
According to a report in The Ke... |
| Dec 6, 2017 | Exclusive: Flipkart begins testing loyalty programme Flipkart First at Rs 500 | Online retail major Flipkart is testing a subscription-based loyalty programme Flipkart First. While searching Flipkart First on Google, Entrackr found the already-live Flipkart First page.
At first attempt, when tried to log in to avail th... |
| Nov 20, 2017 | Facebook to launch ‘Watch’ for original videos in India by early next year | Social media behemoth Facebook will launch its original video offering ‘watch’ in India by early next year. According to a report published in The-Ken, Watch will be rolled-out between January and March next year.
Launched in August this ye... |
| Nov 16, 2017 | Swiggy soon to seal $100 Mn deal from Flipkart and Tencent | India’s most funded e-commerce company Flipkart and Chinese firm Tencent may together invest $100 million in food delivery startup Swiggy. According to a report in The-Ken, these companies are in conversations for a month and will soon seal... |
| Sep 14, 2017 | Google will launch a mobile payment service in India called Tez | A new report suggests that Google is on the verge of launching a mobile payment service in India. Known as Tez (meaning "fast" in Hindi), the service could launch as early as Monday, according to Indian news site The Ken.
Advertis... |
| Sep 14, 2017 | Google eyes hot Indian payment space, sets to launch app ‘Tez’ on Monday | Google is all set to make an entry into crowded payment space with its own payment product Google ‘Tez’ on September 18. According to a report by The Ken, it is likely to be as similar as company’s global product – Android Pay. Google is ex... |
| Sep 13, 2017 | Google is reportedly releasing a localized mobile payment service in India | Google is increasing its focus on India with plans to introduce a localized digital payment service as soon as next week, according to a report from India-based news site The Ken.
The publication claims Google ‘Tez’ — meaning fast in India ... |
| Aug 28, 2017 | Tough days ahead for lending startups, Flipkart and Amazon to enter business | While the growth of e-commerce companies was unprecedented during 2013-16, it turned sluggish in the past 12-18 months. According to the research firm Forrester, growths of e-commerce players were merely 12 percent as opposed to 130 and 180... |
| Aug 11, 2017 | Indian messaging app Hike acquires hardware startup Creo | India-based messaging app Hike is back on the acquisition trail after it picked up Creo, a hardware company that previously released smartphones, streaming devices and an operating system.
The price of the deal is undisclosed. Hike released... |
| Jul 25, 2017 | Tencent backs Indian education startup BYJU’s at a valuation of $800 million | Tencent, Asia’s highest-valued tech company, has continued to invest in India after it backed online education service BYJU’s. The startup that includes the Chan Zuckerberg Initiative and Sequoia among its investors.
The size of the investm... |
| Jun 29, 2017 | “Blood and Sand”: The Moment-of-Truth for Mobile Wallets in Asia | “The Deed of the Dying”
Many ‘digital wallet” companies in Asia (ex. China) are finding it hard to demonstrate any meaningful value for the users. Wallet Players have experimented with various business models to monetize, but primary focus ... |
| Jun 20, 2017 | Hike beats WhatsApp to launching messenger app payments in India | India-focused mobile messaging service Hike landed funding from Tencent last year, and today it took a major step to emulating the Chinese firm’s WeChat app with the introduction of mobile payments.
The launch of Hike Wallet not only shows ... |
| Apr 5, 2017 | WhatsApp to launch digital payments service | WhatsApp is planning to launch digital payments service in India, its largest market with over 200 million users.
Facebook-owned instant messaging platform is working to launch person-to-person payments in India in the next six months, new... |
| Apr 4, 2017 | WhatsApp mulls move into digital payments, starting with India | (Reuters) — Instant messaging app WhatsApp, owned by Facebook Inc, is mulling a foray into digital payment services in India, its first such offering globally, and has advertised to hire a digital transactions lead in the country.
A WhatsAp... |
| Apr 4, 2017 | WhatsApp mulls move into digital payments, starting with India | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.
(Reuters) — Instant messaging app WhatsApp, owned by Facebook Inc, is mulling a foray into digital payment services in India, its first... |
| Apr 3, 2017 | WhatsApp will reportedly launch peer-to-peer payments in India within 6 months | WhatsApp may be about to introduce peer-to-peer payments in India, its largest market with over 200 million users.
A report from The Ken, an India-based subscription media company that we recently profiled, claims that WhatsApp plans to use... |
| Mar 17, 2017 | How a courier boy acquired 51% stake in a firm worth Rs 600 crore | Harsimran Julka
Moneycontrol News
Rai was born in Jaunpur, a village town in Uttar Pradesh. His father was a farmer. “When it used to rain, we did not even have enough money to buy a cover which could save our crop, mostly onions,” he tells... |
| Mar 12, 2017 | The Ken wants to fix business journalism in India with a subscription model | Four former reporters and entrepreneurs are attempting to fix India’s “broken” business media landscape and simultaneously prove that there’s an audience — and business — for paying for quality journalism in the country.
Subscription-based ... |
| Feb 17, 2017 | News website The Ken raises $400K from angels | Subscription-based news startup, The Ken, has raised $400,000 (Rs 2.68 crore) from a clutch of investors, the company said in an email statement.
The participants in this round of funding include Aprameya Radhakrishna, co-founder, TaxiForSu... |
| «Поцелуй смерти»: почему портфель акций SoftBank напоминает кладбище, а его основателя больше не считают провидцем Статьи редакции | Гендиректор Масаёси Сон вкладывал сотни миллионов в стартапы без бизнес-плана и прибыли. Просто верил в харизматичных основателей — или в чудо. Коллег восхищала его интуиция, пока проекты не стали публично проваливаться, а сам SoftBank нест... |
| Flipkart To Invest $50 Mn In Foodtech Firm Swiggy; Tencent May Follow | Speculations around Flipkart don’t seem to cease ever since the company announced its plan to roll out a one stop mobile app in June 2017. Just after the company is said to be in talks to back companies in the foodtech and hyperlocal space,... |
| WhatsApp To Roll Out P2P Payments Service In India Within Next 6 Months | Instant Messaging app WhatsApp is expected to launch a peer-to-peer payment system in India. The interface is likely to be powered with the Unified Payments Interface (UPI) and is expected to launch within six months, as per a report by The... |
