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Aditya

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FUNDING

Samsung Venture invests in 4 Indian startups

July 15th, 2019

SVIC, the investment arm of Samsung made its first investment in India, invested $8.5 million (approximately Rs 58.28 crore) in four Indian startups.

USA

Huawei Planning Major Job cuts in USA over sanctions

July 15th, 2019

Chinese telecoms Huawei planning to major job cuts in its US operations due to US sanctions.

FUNDING

Rivigo raises $65 million from Warburg Pincus, SAIF Partners

July 12th, 2019

Gurgaon based logistics startup which started relay trucking model raises $65 million from Warburg Pincus, SAIF Partners.

News

Airbnb India Hosts Earned $28 million in 2018

July 9th, 2019

In its latest survey of Airbnb India, its Host earned $28 million collective revenue in 2018 and also helped Indian economy to generate $150 million direct revenue from its service.

BUSINESS

German Bank Deutsche slash 18,000 jobs by 2022

July 8th, 2019

Deutsche Bank would stop all share trading activity & cut 18,000 jobs by 2022 to restructure its business.

BUSINESS

Mindtree Chairman, CEO quit after L&T takeover

July 5th, 2019

Chairman Natarajan, vice chairman Parthasarathy NS and chief executive Ravanan have quit the company, after Mindtree hostile takeover.

INDIA

TikTok refutes allegations of Indian politician over data sharing

July 2nd, 2019

Chinese video-sharing app TikTok refuted India's opposition leader allegations of collecting user data illegally.

ACQUISITION

Affle Group Acquires US based Mobile Advertising platform RevX

June 27th, 2019

Affle group acquires mobile advertising company RevX to acquire new users and grow re-engagement-based transactions for marketers.

ACQUISITION

Uber Acquires AI platform to advance its Self-driving cars technology

June 26th, 2019

Uber acquired AI platform Mighty AI to help advance its technology for self-driving cars.

News

Not IPO, driving e-commerce growth in India is Prime Focus: Flipkart

June 24th, 2019

India's leading ecommerce website Flipkart clarified that driving e-commerce growth in India is prime focus, not IPO.

Market

IndiaMart IPO Opens Today

June 24th, 2019

Online marketplace platform IndiaMart initial public offer (IPO) launched today with a price band of Rs 970-973.

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