Bharti Airtel Takes Over Jio, Record A Million More Subscribers In August

India, Nov. 17 -- Telecom operator Bharti Airtel has added about 1 Mn more customers than Reliance Jio in August 2020. Sunil Bharti Mitta-led Bharti Airtel added about 2.9 Mn users, whereas Mukesh Amb... Read More

[What The Financials] Reliance Jio Profits, ARPU Up In Q2 Amid Steady User Growth

India, Nov. 17 -- While coronavirus has changed life in a negative way for many this year, 2020 has definitely been a great year for Mukesh Ambani-led Reliance and Reliance Jio. Besides turning net-de... Read More

MindTickle Doubles Valuation With $100 Mn From SoftBank, Others

India, Nov. 16 -- Sales enablement platform MindTickle has raised $100 Mn in a mix of equity and debt funding led by Japanese conglomerate SoftBank Vision Fund II at a valuation of $500 Mn. This is So... Read More

Funding Galore: Indian Startup Funding Of The Week [November 9- 14]

India, Nov. 14 -- We bring to you the latest edition of Funding Galore: Indian Startup Funding Of The Week! Pune-headquartered logistics company Xpressbees has raised $110 Mn in Series E funding roun... Read More

Employee Engagement Platform InFeedo Bags $3.2 Mn For Asia-Pacific Expansion

India, Nov. 13 -- Gurugram-based employee analytics platform InFeedo, on Friday (November 13), announced that it has raised $3.2 Mn in its latest funding round, which was led by Bling Capital and its ... Read More

SBICap Ventures Bag $25 Mn From European Investment Bank For Its Latest Fund

India, Nov. 13 -- State Bank of India (SBI) Group's venture capital arm SBICap Ventures (SVL) has reportedly raised $25 Mn from European Investment Bank (EIB) for its Neev II Fund, which it plans to c... Read More

Electric Vehicles This Week: Tesla's India Challenge, Delhi Govt's Plan & More

India, Nov. 12 -- Last month, Tesla CEO Elon Musk confirmed that electric vehicles (EV) brand Tesla will be making an entry in India by 2021. For this, the company is also currently in talks with Karn... Read More

SIDBI Infuses $11 Mn In Stride Ventures, Plans Another $22 Mn In Two Other Funds

India, Nov. 12 -- State-run Small Industries Development Bank of India (SIDBI) has committed to invest INR 250 Cr ($33 Mn) in three funds - India SME Investments Fund, Stride Venture and JSW Ventures ... Read More

SoftBank Plans To Turn Things Around With Smaller Cheques, New Sectors

India, Nov. 12 -- After a hectic year, the Japanese multinational conglomerate SoftBank Vision Fund has decided to move away from its overflowing cash infusion strategy to focus more on enterprise, he... Read More

India's Mobile Money Accounts Jumps 95x In Five Years, Reveals IMF Report

India, Nov. 11 -- As Indian is discovering its knack for digital payments, the number of registered mobile money accounts in India has jumped 95x between 2014 and 2019. Mobile money is a technology th... Read More