OPPO

The edtech startup replaces OPPO on the Team India jersey

OPPO will pay a fee to BYJU'S for transferring the sponsorship rights

BYJU’S will hold the rights for the sponsorship till 2022

Samsung’s venture capital arm has also launched services in India

It has also set up manufacturing entities in India to ramp up its smartphone production

It also had plans to set up lithium-ion batteries manufacturing unit in India

The Indian Cellular and Electronics Association asked for special incentives to make India an electronics manufacturing hub

It said that the Indian electronics industry won't achieve its targeted turnover of $400 Bn (INR 28 Lakh Cr) by 2025

The draft National Policy On Electronics 2018 was released in October

The meeting will be held in January in Davos, Switzerland

Apple has sought the concession on duty tax for a period of 15 years

The iPhone maker currently sells its products through distributors in India

Oppo Mobiles’ India managing director Yi Wang steps down

WhatsApp’s chief business officer Neeraj Arora has called it quits with the company

Rohit Kapoor has joined as CEO of OYO's new real estate businesses

Indonesia-based GO-JEK has announced its plan to hire 200 engineers in Bengaluru

Uber has hired Expedia’s former chief people officer Nikki Krishnamurthy as its new head of human resources

Venture capital firm SRI Capital has announced the appointment of former T-Hub founding partner and CEO Jay Krishnan as a Partner

- PM Modi was speaking at the inauguration of Samsung’s largest mobile manufacturing plant in the world in Noida
- This plant is expected to create 2,000 new jobs in the country in the next few years
- Neo middle class now offers unlimited scope for investments

Important Movers And Shakers Of The Indian Startup Ecosystem [28 May- 2 June 2018]