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Daily Tech Briefing: Microsoft, UAE's Mubadala Eye Stake In Jio; Twitter Vs Donald Trump & More

India, May 29 -- Tech major Microsoft and Abu Dhabi state fund Mubadala Investment Company are looking to join the parade of investors in Reliance Jio Platforms with reports of a possible $2 Bn and $1... Read More


Swiggy Starts Offering Credit On Supplies To Restaurant Partners

India, May 28 -- As restaurants resume their operations across the country, Bengaluru-based food delivery major Swiggy is now looking to win over restaurants by solving out the supply chain gap throug... Read More


VestaSpace To Deploy 35 Satellites As It Eyes 5G Roll Out By 2021

India, May 27 -- In a bid to ramp up operations of fifth-generation (5G) technology in India, Pune-based spacetech startup VestaSpace Technology is planning to launch more than 35 satellites from Sept... Read More


Zomato, Swiggy Risk Another #Logout Movement With Alcohol Delivery Launch

India, May 27 -- Within a week of launching liquor delivery, Zomato and Swiggy have fallen foul of liquor merchants and alcohol retailers' bodies over fears of user data being monopolised and exclusiv... Read More


#StartupsVsCovid19: India Makes Aarogya Setu Open Source On Lockdown Day 63 & More

India, May 27 -- On day 64 of the lockdown, the Indian government finally made the Android version of the Aarogya Setu application open source and it plans to open source the iOS and KaiOS versions in... Read More


BYJU's Revenue Grows 2X In FY20 As Paid Users Increase To 3.5 Mn

India, May 27 -- Bengaluru-based edtech major BYJU's posted revenue of INR 2,800 Cr in the financial year ending March 2020, cofounder Divya Gokulnath said. This is more than a 2X growth from INR 1,34... Read More


BYJU's Claims 2X Revenue Growth In FY20 As Paid Users Increase To 3.5 Mn

India, May 27 -- Bengaluru-based edtech major BYJU's posted revenue of INR 2,800 Cr in the financial year ending March 2020, cofounder Divya Gokulnath said. This is more than a 2X growth from INR 1,34... Read More


Digital Payments Dwindle In Q1 2020 As Lockdown Interrupts Fintech Boom

India, May 27 -- India is rushing towards a digital economy and experts suggest that the Covid-19 pandemic has pushed the momentum further. As social distancing, work from home and online meetings bec... Read More


CoinDCX Raises $2.5 Mn From Polychain Capital, Coinbase Ventures To Bring Crypto To The Masses

India, May 26 -- After raising $3 Mn in March in its Series A funding round, Mumbai-based cryptocurrency exchange aggregator CoinDCX has now bagged $2.5 Mn strategic investment led by existing investo... Read More


Cloud Kitchens Pivot And Brace For Big-Name Restaurants Going Delivery-Only

India, May 26 -- Is the future all about cloud kitchens? With consumers expected to be worried about dining out and breaking social distancing norms, restaurants and food service establishments are in... Read More