27 Apr 2020

1. Paytm in funding talks with Microsoft to build war chest Mumbai: Digital payments firm Paytm has held talks with US technology giant, Microsoft for fresh funding as the company looks to boost its war chest to fight growing competition in the sector, two people in the know said….

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24 Apr 2020

1. WhatsApp’s Struggles With Digital Payments Launch In India Could End Next Month Even the apex bank had also asked the NPCI to not allow WhatsApp Payments’ launch until it was fully compliant with the data localisation norm, last year. In November 2019, RBI had also informed the Supreme…

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23 Apr 2020

1. Google Shopping To Let Merchants List Products For Free In a big push for ecommerce amid Covid-19 restrictions, global tech giant Google on Tuesday said it is advancing its plans to make it free for merchants to sell on Google Shopping. The move will be in place by…

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18 Mar 2020
SoftBank lays ground to abandon $3 billion WeWork tender offer: Sources

1. Space tech startup Agnikul gets Rs 23.4 crore Space technology startup Agnikul has raised Rs 23.4 crore in pre-series A funding led by Pi Ventures, as it looks to develop a satellite launch vehicle with a payload capacity of up to 100 kgs. The funding round also saw…

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13 Mar 2020
Flipkart asks employees to work from home

1. Airtel acquires stake in fitness startup Spectacom Global Telecom major Bharti Airtel on Thursday said it has acquired a strategic stake in Spectacom Global under its Airtel Startup Accelerator Program that supports early-stage startups in India. The company, however, did not disclose the quantum of stake picked and…

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05 Mar 2020

1. SoftBank-backed Indian startup Oyo to cut 5,000 jobs globally4 Oyo said on Wednesday it is laying off 5,000 people from its global workforce as the Indian budget hotel startup looks to cut its spendings and chase profitability. The latest round of job cuts would reduce Oyo’s headcount to…

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29 Feb 2020

1. Newlab and The Boston Globe team up to launch AI tools startup Applied XLabs Applied XLabs is a new startup building tools that can automate data-gathering for journalists — and eventually, for knowledge workers in other industries. The company is emerging from Brooklyn-based Newlab, with The Boston Globe…

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24 Feb 2020

1. Intuit close to buying personal finance firm Credit Karma for $7B Business and financial software company Intuit Inc. is nearing an agreement to acquire personal finance company Credit Karma Inc. for $7 billion, according to a report from The Wall Street Journal Saturday. The deal is said to…

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14 Feb 2020

1. Tesla plans to raise $2B in the stock offering Tesla Inc made an about-turn on Thursday by announcing plans to raise $2 billion in a stock offering as the electric-car maker taps into an astronomical jump in its share price in the past few months. Chief executive Elon…

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01 Feb 2020

1. Budget 2020: What 5G, AI, Startups and Technology Initiatives in India Can Expect The Union Budget 2020 is expected to be a major one for the government of India, particularly with the Indian economy under reported stress. Among other sectors, India’s Budget 2020 is expected to make multiple…

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