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Posts Tagged ‘india’

SoftBank terminates $3BN tender offer for WeWork shares

SoftBank Group has pulled a $3 billion tender offer for WeWork shares — citing closing conditions not being met. The investment behemoth had been rumoured to be getting cold feet, when the WSJ reported last month that it was using regulatory investigations as a way to back out of its commitment to buy $3BN in ...

Mobile payments firms in India are now scrambling to make money

Vijay Shekhar Sharma, founder and chief executive of India’s most valuable startup, Paytm, posed an existential question in a recent press conference. “What do you think of the commercial model for digital mobile payments. How do we make money?” Sharma asked Nandan Nilekani, one of the key architects of the Universal Payments Infrastructure that created ...

Guy shows how easy it is to buy drugs near the Taj Mahal in India

Karl Rock, a YouTuber who posts tourist tips for travelers to India, uses a hidden camera to film people running recreational drug operations in their restaurants.

Rock says:

For some reason, drug dealers think I look like a drug user, so I often get approached in India and asked if I want to buy drugs. Mumbai ...

Apple to start online sales in India in Q3 this year

Apple’s much-awaited online store in India will be operational starting Q3 this year, a little longer than previously expected, a source familiar with the matter told TechCrunch. The iPhone-maker said in August last year that it was “eager to serve [customers of India] online and in-store with the same experience and care that Apple customers ...

India is now the second largest smartphone market in the world, surpassing the U.S.

01.26.2020 · Posted in Technology Articles

The U.S. has been dethroned as the second largest smartphone market. A new report by Counterpoint Research estimates that India surpassed the United States to become the second largest smartphone market with an estimated 158 million devices shipped t... ...

India likely to force Facebook, WhatsApp to identify the originator of messages

New Delhi is inching closer to recommending regulations that would require social media companies and instant messaging app providers operating in the nation to help law enforcement agencies identify users who have posted content — or sent messages — it deems questionable, two people familiar with the matter told TechCrunch. India will submit the suggested ...

Venture Highway announces $78.6M second fund to invest in early-stage startups in India

Venture Highway, a VC firm in India founded by former Google executive Samir Sood, said on Thursday it has raised $78.6 million for its second fund as it looks to double down on investing in early-stage startups. The firm, founded in 2015, has invested in more than two dozen startups to date, including social network ...

23andMe co-founder’s new startup, Precise.ly, brings genomics to India through Narayana partnerhsip

Precise.ly, the new genomics startup launched by 23andMe co-founder Linda Avey and Aneil Mallavarapu, is taking its spin on direct to consumer personalized genomics to India through a partnership with Naryana Health, one of India’s leading specialty hospital networks. Narayana, a company that operates a network of 24 hospitals serving 2.5 million patients, is one ...

Paytm targets merchants to fight back Google and Walmart in India’s crowded payments field

Paytm today announced two new features for businesses as the financial services firm looks to expand its reach in the nation that has quickly become one of the world’s most crowded and competitive payments markets. The Noida-headquartered firm, which raised $1 billion in late November, said its app for businesses now features an “all-in-one” QR ...

Google and ClimaCell team up to launch a new high-resolution weather forecast for India

Weather technology company ClimaCell, which is taking a number of innovative approaches for gathering weather data and building forecasting models, today announced that it is partnering with Google Cloud to launch a new high-resolution forecasting model. The first model will focus on India, with other geographies following soon. ClimaCell and Google will make the forecast ...