Saturday, April 17, 2021

minnalagarwal

BIGO Technology announces ₹700 crore investment in India

Singapore based social media platform BIGO Technology has announced an investment of over ₹700 crore ($100 Million) to expand its business in India in next three years and creating nearly 1000 jobs for tech professionals. With over 40 patents in VoIP/video-related...

Pickyourtrail raises ₹21 crore in Series A Funding

Chennai based 'Pickyourtrail', a travel tech start-up that helps travelers plan and book multi-country vacations online has raised closed to ₹21 crore ($3 Million) in its series A funding round led by Kumar Vembu, CEO of GoFrugal and Shyam Sekhar,...

Infibeam plans to invest ₹250 crore to strengthen FinTech vertical

Infibeam Avenues Limited, India's first listed e-commerce entity is doubling down on its FinTech play with an investment of ₹250 crore to build a backend Blockchain enabled FinTech platform catering to BSFIs, SMBs, and Corporates. FinTech or Financial Technology, is a...

Ola bike-taxi in trouble as Bengaluru Transport Department issues notice

The transport department has written to app based ride-hailing service provider Ola to stop its bike-taxi services immediately. The services were running on pilot basis for a week in Bengaluru. The strongly worded letter comes after the Ola, TaxiForSure, Uber...

Ola to invest in Pune based carpooling app sRide

ANI Technologies owned and operated platform Ola is in talks to invest in Pune based carpooling app sRide as per the sources. The discussions which are in initial stage, could see Ola picking up a stake of around 26% or...

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