April 21st, 2019
New Delhi: Unfazed by the ban on TikTok in India, the popular Chinese short video app's parent ByteDance remains "very optimistic" and plans to invest $1 billion in the country over the next three years.
ByteDance — touted to be among the world's most valuable startups with investors like SoftBank, General Atlantic, KKR and...
March 6th, 2019
World’s leading paid music streaming service Spotify register more than 1 million unique users in India across its free and premium tiers in less than a week launch.
As we mentioned that Spotify launched in India on Tuesday, stepping into a price-sensitive market crowded by well-funded players such as Reliance Industries’...
December 28th, 2018
The number of internet connections in India has grown by 65% from March 2016 to cross the 50 crore mark in 2018, in line with the target set by the Narendra Modi government three years ago.
As per the latest information from the Telecom Regulatory Authority of India (Trai), by the end of September 2018, there were 56...
December 24th, 2018
OYO Hotels & Homes is “well-capitalised” and will be doubling down on growth in its home market of India. From the ongoing funding round, it plans to invest a fifth, or $200 million, in Asia’s third-largest economy.
The SoftBank-backed company, which is in the process of raising $1 billion (Rs 7,000 crore) from a...
December 22nd, 2018
Smartphone shipments in 2019 is expected to reach upto 160 million in India. India is expected to be the only major smartphone market to grow in 2019, following on from a strong 2018, compared with China.
This compares with over an expected 150 million in 2018, compared with around 134 million in 2017. The Indian smartphone market...
