Purplle.com raises USD 45 mn from Sequoia & others
Purplle.com raises USD 45 million involving a clutch of investors including Sequoia Capital India.
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India woos Tesla with offer of cheaper production costs than China
India offers incentives on the cost of production less than in China if Tesla agrees to produce its car into the country.
Indian Fintech Companies Raises $2.7 billion in 2020
Indian fintech companies raises $2.7 billion out of $105 billion total raised in the fintech domain.
Iron Mountain acquire majority stakes in Web Werks for USD 150 mn
Iron Mountain acquired a majority stake in Web Werks for USD 150 million.
Tata Group to acquire 68 percent stake in BigBasket for $1.3 billion
Tata Group will buy a 68% stake in online grocery startup BigBasket for $1.3 billion.
BoAt raises $100 million in funding from Warburg Pincus
India-based electronic gadgets firm boAt raises $100 million in funding from Warburg Pincus.
Ather Energy discontinues Ather 450 scooter
Ather Energy decided to stop the production of the Ather 450 scooter and replace it with news Ather 450X and Ather 450 Plus.
Reliance offer 40% stake in Reliance Retail to Amazon for $20 bn
Reliance and Amazon hold a discussion to acquire a 40 percent stake in Reliance retail worth about USD 20 billion.
Reliance acquires Majority Stake in Netmeds for $83 Million
Reliance acquires Netmeds an online pharmacy that offers medicine along with other health products in India for $83 million.
Captain Fresh raises USD 2.3 mn from investors
Supply chain platform Captain Fresh raises $2.3 million from investors, including Ankur Capital.
Byju’s acquires WhiteHat Jr for $300 million
Byju’s has acquired kids coding platform WhiteHat Jr for $300 million.
Google invests $4.5 billion for 7.7% stake in Jio platforms
Google is acquiring 7.7% of India’s fastest-growing internet company Reliance jIo for $4.5 billion.