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Morning News Briefing

Flipkart Tests Refurbished Goods Platform 2Gud For Social Commerce Play

Flipkart Tests Refurbished Goods Platform 2Gud For Social Commerce Play

Indian ecommerce giant Flipkart is reportedly piloting a new social commerce platform…
Flipkart Tests Refurbished Goods Platform 2Gud For Social Commerce Play

Flipkart Tests Refurbished Goods Platform 2Gud For Social Commerce Pla...

Indian ecommerce giant Flipkart is reportedly piloting a new social commerce platform…
Facebook Cofounder Eduardo Saverin’s B Capital Closes $820 Mn Fund II

Facebook Cofounder Eduardo Saverin’s B Capital Closes $820 Mn Fund II

US and Singapore-based investment firm B Capital has announced the final close…
Zomato Eyes Temasek Rescue Act As China FDI Scrutiny Complicates Fundraising ANT Financials

Zomato Eyes Temasek Rescue Act As China FDI Scrutiny Complicates Fundr...

After increased scrutiny over Chinese investments in the new FDI rules put…
NextBillion.ai Bags $7 Mn Funding From Lightspeed, Falcon Edge

Hyperlocal Solutions Startup NextBillion.ai Bags $7 Mn From Lightspeed...

Hyperlocal solutions provider NextBillion.ai is looking to expand…
Facebook Fears India’s Regulatory Backlash In $5.7 Bn Reliance Jio Deal

Facebook Fears India’s Regulatory Backlash In $5.7 Bn Reliance Jio Dea...

Before finalising the transaction in its $5.7 Bn…
Club Factory’s Ads Targetting Snapdeal Taken Down After Court Order

Club Factory’s Ads Targetting Snapdeal Taken Down After Court Order

Chinese ecommerce platform Club Factory has decided to…
Zerodha Claims Unicorn Valuation In ESOPs Buyback Plan

Zerodha Claims Unicorn Valuation In ESOPs Buyback Plan

Stock trading platform Zerodha has claimed a unicorn…
SC Ruling On Telco Revenue Could Derail India’s 5G Plans

SC Ruling On Telco Revenue Could Derail India’s 5G Plans

The Supreme Court of India, on Thursday (July…
CCI To Probe Reliance Jio-Facebook Deal Over Potential Data Abuse

CCI To Probe Reliance Jio-Facebook Deal Over Potential Data Abuse

The competition commission of India (CCI) will be…

Saudi Arabia’s PIF Close To Bagging 2.33% Of Reliance Jio For $1.5 Bn

For several weeks, Saudi Arabia’s sovereign wealth fund…
PoS Startup Innoviti Chases Profitability After Raising Series C

PoS Startup Innoviti Chases Profitability After Raising Series C

Update: June 15, 2020 | 10:45 AM After…
Arkam Ventures Announces First Close Of Maiden Fund At INR 325 Cr

Arkam Ventures Announces First Close Of Maiden Fund At INR 325 Cr

Bengaluru-based Arkam Ventures, formerly known as Unitary Helion,…