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Uber India recorded an annualised booking rate of $1.64 Bn (INR 11,651 Cr) in the third quarter, according to an internal email shared by Uber India head Pradeep Parameswaran to CEO Dara Khosrowshahi.
Zomato has acquired TechEagle Innovations, a Lucknow-based startup that works exclusively on drones, for an undisclosed amount.
Back in the 80s, there was a widely popular Hawkins pressure cooker advertisement on TV featuring Hindi film actress Neena Gupta that promised delicious food with no trouble while cooking.
Global ecommerce company Amazon has reportedly invested $311.51 Mn (INR 2,200 Cr) in its Indian subsidiary, the fourth tranche of its $5 Bn (INR 35,255 Cr) commitment to its expansion in the country.
Instagram is set to change the way you interact with the app by introducing its own e-commerce tools so that you can directly buy a product while glaring at it in your feed. Instagram is reportedly planning to launch its shopping feature.
Cybersecurity startup CloudSEK has raised $2 million in a pre-Series A round lead by Exfinity Venture Partner and Startup Speed.
A report by technology conglomerate Cisco, showed that smartphone users in India are projected to double to 829 Mn by 2022 from 404.1 Mn in 2017.
WhatsApp CEO Chris Daniels has put in a formal request seeking Reserve Bank of India’s (RBI) approval for expanding its payments service— WhatsApp Pay— across the country.
Social networking company Facebook has announced the launch of its video monetisation feature for Indian content creators during its Creator Day event on November 30.
In one of the biggest news this week Amazon is drafting a call-and-put option in the deal that will allow the global ecommerce company to call for Biyani’s stake in Future Retail Limited (FRL) over the long term.
Our vision for 2020 is Karnataka be the first choice of innovation and technology globally and, therefore, all our initiatives are aimed at driving and strengthening the innovation and startup ecosystem in the state.
Qualcomm has set up a $100 million fund that will invest in startups working on artificial intelligenc etechnologies, the U.S. chipmaker said on Wednesday.