These founders have the credibility of delivering financial returns to their investors in their earlier avatars. They have demonstrated track record of execution at scale and solving problems
With Diwali approaching next week and these companies offering multiple payment options to shoppers, industry executives anticipate a further boost in digital transactions.
Walmart India will continue to set up 50 more B2B Cash & Carry stores over the next four-five years, with each store involving around $10m of investment.
NPCI has asked payments platforms to ask for explicit consent of consumers to access a user's mobile and utility payments data under Bharat Bill Payment System (BBPS).
Amazon ranks its reviewers not only in terms of the number of reviews they have written, but also by how many customers have indicated the reviews were helpful for them.
Ola is striving to become profitable in its core taxi aggregation business even as it expands internationally and pushes its food delivery vertical under Foodpanda.
Alibaba also plans to use its technology to create "enormous value" for the retail and financial sectors, Jack Ma said in a final letter to shareholders.
Chris Daniels, vice-president, WhatsApp, touches up all critical issues faced by the messaging app, right from encryption to fake news and payments service to monetising India operations
Daniels said, “We recognise that relying on law enforcement isn’t enough — whenever you introduce new technology there needs to be broad education to explain how to stay safe.”
Chinese handset maker OnePlus had recently announced the formation of a new division to develop Smart TVs, which will be spearheaded by OnePlus founder and CEO Pete Lau.
With respect to misinformation on Twitter, there is a common misunderstanding that it works with, say 100,000 bots posting rubbish from different handles.
"In terms of geographic contribution, our Asian business has done well. I see Asia Pacific as a region of increasing opportunity. It has grown to high teens from low teens" said NetApp CEO George Kurian
At least two of the top five companies of the $167 billion sector said they have increased pay for freshers as they see rising demand for young talent that could be trained on digital skills amid growing orders in emerging areas from global customers.
IndWealth has raised an estimated $30 million in seed funding from hedge fund Steadview Capital, which is possibly the largest funding round raised by a homegrown startup that is still in stealth mode.
Reliance Industries Chairman Mukesh Ambani sounded more like a tech evangelist envisioning an India in 2020 where everyone has 4G phones in their hands when he spoke at the India Mobile Congress in New Delhi
At Google's weekly staff meeting on Thursday, the top question employees voted to ask Larry Page, a co-founder, and Sundar Pichai, the chief executive, was one about sexual harassment.
Internet giants Google and Amazon came under an investor cloud after posting disappointing sales updates, with the search leader also on the defensive for reportedly hushing up sexual misconduct.
Six-year-old Bytedance, owner of news aggregator Toutiao and video sensation Tik Tok, has surpassed Uber to become the world’s most valuable startup with a $75 billion valuation
“About half of our Diwali sales last year were in Q3. This year they will be fully in Q4. So, those are a couple factors that hit the internaional growth area in particular.” said chief financial officer Brian Olsavsky
The contractual partnership will see UberEats share data, analytics and insights with Cafe Coffee Day to help the latter identify food that is most desired and thus design cuisine-specific menus under various brands
According to a report, there are over 600 shared workspaces with more than 1.80 lakh seats across the country. Not all co-working places follow strict internal guidelines, which leaves people working in these places at risk of being harassed.
"With the 4G prices coming down in India thanks to Reliance and Airtel, it is now a great time for betting on growing mobile internet businesses." said Hans Tung, managing partner at GGV Capital
Citing the micro blogging platform Twitter, Ajit Pai said when the company decides to delete an account or to not delete one, users must know the “rules behind that”.
Sonia Dhawan’s family and her lawyer said that she’s being framed due to “rivalry inside the company” and jealousy because of her promotion to vice president about a month ago.
"Betaout brings expertise in channels beyond email, like Facebook, onsite, mobile push, SMS, that are critical to the future of the retail marketing tech stack," said Bluecore co-founder and CEO Fayez Mohamood.
While the Uttarakhand High Court has asked to block 857 websites, the Ministry of Electronics and IT (Meity) found 30 portals without any pornographic content.
In a circular issued on October 21, NPCI, which manages the instant payment railroad, limited the daily UPI transactions from each account to 10, from 20.
Scheffer said SOSA is in talks with Maharashtra, Assam and Goa for innovation hubs that will give startups based in these states access to SOSA’s global innovation network.
"20% of the development in our security business is done in India. Almost every part of the portfolio from cloud, web proxies, email proxies and firewall have a large component of the team based here" said Cisco's security chief Gee Rittenhouse.
India saw 36.9 billion app downloads from Google Play Store between January 2012 and August 2018, the highest among all countries, according to mobile app analytics firm App Annie.
The SoftBank-backed InMobi has lined up more partnerships with enterprises and at least five mobile operators to use customer data that will help it grow faster.
The India’s online homeware and furniture retail market, it is expected to cross $1.1 billion in revenue this year, up from about $900 million in 2016, according to industry estimates.
Largely driven by revenues from its business-to-business services, ClearTax recently launched a mutual funds product- ClearTax Invest - and is now looking to enhance its technology and deepen its reach with the help of the new capital.
Fake news on social media platforms, earlier restricted to political parties and politicians, is making inroads into the corporate world, often leading to significant monetary and reputational damage.
The arrested woman, who allegedly masterminded the extortion bid, is the secretary of Vijay Shekhar Sharma and the trio had threatened to leak the data and misuse the information to cause the firm loss and dent its public image, officials said.
This is the third time Netflix is tapping the debt market within a year to fund its growing appetite for original programming and content acquisitions that it expects to drive future subscriber growth.
Tiger Global will focus on consumer Internet, cloud computing, Industry software as well as direct-to-consumer companies in India, China and the United States.
This will ensure that regulators such as the RBI, which has already mandated that payments data should be stored exclusively in the country, do not fall foul of the overarching law once it comes into force.
As per the latest regulatory filings of Oppo and Vivo with the RoC, the combined India revenue of these two brands owned by BBK Electronics was Rs 23,173 crore in FY18.