Author
Sujata is an engineering graduate and has done her Post Graduation in Human Resource Management. She has a deep interest in startups & technology.
Paytm is buying NightStay for around $20 million, signalling a foray into the hospitality space.
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SoftBank-backed Oyo has entered the fragmented wedding space business in India through Oyo Auto Party.
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KaiOS Technologies Inc., the developer of the KaiOS operating system for smart feature phones, has received a $22 million investment from Google.
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UST Global, a digital transformation solutions company, has raised $250 million from Singapore’s sovereign wealth fund Temasek and marked its entry into unicorn club.
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Chinese smartphone brand Gionee will sell its India operations to the promoters of handset maker Karbonn Mobile and Gionee India’s minority shareholder, Arvind R Vohra, entering into a long-term brand licensing deal that is likely to be closed in two-three weeks.
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Bombay Stock Exchange (BSE) has decided to launch a new platform next month to list the new-age companies in sectors like IT, ITES, bio-technology and life sciences, 3D printing, space technology and e-commerce.
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The company plans to utilize the fresh investments to upgrade their technology, expand business across new verticals and geographies, enrich infrastructure by inducting more independent service providers and mobilizing superior talent.
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Flipkart will invest heavily in its fashion vertical this year as the company wants to tap customers from every niche segment in the $100B overall fashion market in India.
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Zomato is reportedly in talks to raise $400 million, largely from existing investors Ant Financial and Temasek, at a valuation of as much as $2 billion.
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The strategic transaction cements Cleartrip’s leadership position in the Middle East and North Africa (MENA) region
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