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Facebook Floats New Entity 'Jaadhu' To Acquire Jio Platform's Stake

India, June 3 -- Social media giant Facebook has floated a new US-based entity, Jaadhu Holdings LLC, to acquire the 9.99% stake in Reliance Jio Platforms, as announced in April this year. Jaadhu is an... Read More


Reliance Jio In Line To Raise $2 Bn From Abu Dhabi, Saudi Sovereign Funds

India, June 2 -- United Arab Emirates' sovereign wealth fund, Abu Dhabi Investment Authority (ADIA), is reportedly in talks to grab a minority stake in Reliance Industries Limited's digital venture Ji... Read More


Furniture Ecommerce WoodenStreet Bags $3 Mn For Global Expansion

India, June 2 -- Jaipur-based online custom furniture platform WoodenStreet has raised $3 Mn in Series A funding from Indian Angel Network (IAN) fund and Rajasthan Venture Capital Funds (RVCF). The co... Read More


BankBazaar Bags INR 45 Cr To Offer Contactless Financial Service

India, June 2 -- Chennai-based online financial marketplace BankBazaar has raised INR 45 Cr in Series D1 funding from Walden SKT Venture Fund, which is a joint venture fund Walden International and So... Read More


Antler Looks To Fill Seeding Gap In Indian Startup Ecosystem

India, June 2 -- Global early-stage venture capital firm Antler, on Monday (June 1), announced its plans to launch in India to allow more entrepreneurs to leverage its platform, funding support and gl... Read More


Singapore-Based Antler Scouts Early-Stage Startups As It Enters Indian Market

India, June 2 -- Global early-stage venture capital firm Antler, on Monday (June 1), announced its plans to launch in India to allow more entrepreneurs to leverage its platform, funding support and gl... Read More


TikTok Parent ByteDance Looks To Setup Second Entity In India

India, June 1 -- In order to deepen its roots in India, TikTok's China-based parent entity ByteDance is reportedly looking to set up a second corporate entity in the country. According to an Economic... Read More


India Takes Up AI Mission With National Platform, Skilling Programme

India, June 1 -- India's IT minister Ravi Shankar Prasad, on Saturday (May 30), launched the one-stop digital platform for all artificial intelligence (AI)-related developments in India. The portal, ... Read More


Paytm Takes Battle Against Phishing To Delhi HC, Seeks Action Against Airtel, Jio

India, June 1 -- Troubled with increasing phishing scams, Paytm and Paytm Payments Bank's parent company One97 Communications moved the Delhi high court seeking damages worth INR 100 Cr from telecom s... Read More


Startup Founders, Investors Turn To Twitter To Unwind In Lockdown Blues

India, June 1 -- "All solutions of boredom eventually become boring. All solutions of inefficiency eventually become inefficient," Cred founder and CEO Kunal Shah, Tweeted on May 29, 2020. As lockdow... Read More