Monday, January 6

Search Results for: mobile

Paytm Mall Plans To Expand Globally

Paytm Mall is planning to expand to Southeast Asian countries, along with countries such as Japan, and it has also appointed a head for its international business and expansion. Paytm mall is a platform provided by Paytm for the user to shop, it works just like any other E-Commerce website or Application. It aims to offer […]

Paytm Joins Hands With Softbank to Launch ‘PayPay’ In Japan

One of the major Indian digital funds platforms Paytm has now expanded its operations to Japan in partnership with PayPay Company. PayPay Corporation, a joint venture established by SoftBank Corp. (“SoftBank”) and Yahoo Japan Corporation (“Yahoo Japan”), recently announced that the company will launch “PayPay” smartphone payment services using barcodes (QR code) in fall 2018. PayPay Corporation […]

US-based Indigo Slate to be Acquired by Zensar Technologies

Zensar Technologies, an IT and infrastructure services provider has announced that it has entered into a definite agreement for the purpose of acquiring a US-based digital marketing firm known as Indigo Slate for $18 million. This amount will be paid in advance and there will be some amount which will be paid in future based on the performance over […]

Airtel Reported First Ever Loss in Indian Telecom Sector

India’s one of the leading telecom company Bharti Airtel reported first ever loss of Rs 940 crore in the first quarter (June 2018) from its Telecom business. Airtel bleeds to retain market dominance in the face of free voice calls and dirt cheap tariffs from Reliance Jio, Vodaphone & idea. Bharti Airtel’s India performance continued […]

Amazon To Add More Features To Alexa With Yext Business Services

Amazon, the popular e-commerce platform is reportedly adding new features into its exclusive product Alexa. The company is expanding Alexa’s brain with the help of Yext Business Services. Amazon is adding hours, addresses and phone numbers of more than 1 million business locations to its Alexa digital-assistant platform so customers can access the information via voice […]

Co-working Space Provider Awfis Space Secured $20 Million in Series C Funding

India’s largest co-working space provider Awfis Space Solutions has secured funds amounting to $20 million in Series C funding round. The round was led by company’s existing investors global venture capital firm Sequoia Capital, The Three Sisters: Institutional Office led by Radha Kapoor and Temasek Group company InnoVen Capital. The funds raised through the latest funding […]

Digit Insurance Raises Rs 315 Crore in Second Funding Round

Online digital general insurance company Digital Insurance has reportedly raised an amount of Rs 315 crore in a second funding round. This particular round was led by Fairfax Holdings. Through this funding round, the company aims to expand its footprint across the country even to the smaller regions. A part of the funds will also […]

Byju’s Acquires a Bengaluru-based Maths Learning Startup

The leading edtech platform Byju’s has reportedly acquired Math Adventures which is an online mathematics learning startup based in Bengaluru. However, the amount of the deal has not been disclosed yet. This acquisition by Byju’s marks as the fourth acquisition of the company. Last year, Byju’s acquired two startups namely TutorVista and Edurite in July and […]

CTO of Bharti Airtel And Reliance Jio Quit

Chief expertise officers of telecom operators Reliance Jio and Bharti Airtel have resigned from their respective firms. Reliance Jio Infocomm Limited is the most well-known Indian mobile network operator, owned by Reliance Industries and headquartered in Mumbai, Maharashtra. It operates a national LTE network with coverage across 22 telecom circles. It does not offer 2G or 3G service and instead utilizes voice over LTE to provide voice […]

Paytm To Reach Japan in Collaboration With Softbank Group

With Paytm showing a commendable growth in every aspect, the digital payments giant is planning to launch its operations in Japan in collaboration with Masayoshi Son’s Softbank Group. This event is expected to take place by the end of 2018. People familiar with the matter stated that Son is trying to mark his footprints in […]

Indus Software Taken Over By Ebix For $29 million

Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries. Recently announced that it has acquired India based Indus Software Technologies Pvt. Ltd. (Indus), a global provider of enterprise Lending software solutions to financial institutions, captive auto finance and telecom companies, for approximately […]

Canada’s National Pension Fund to Augment Investment in India

Canada’s national pension fund which is managed by Canada Pension Plan Investment Board (CPPIB) has put in nearly C$7 billion ($5.30 billion) in India soon after making an entry into the market ten years ago. It is seeking opportunities to put in money in the Indian infrastructure, real estate projects and power. Canada’s largest public pension […]