CCI terms WhatsApp’s conduct on updated privacy policy “exploitative and exclusionary”; orders probe

Fair trade regulator Competition Commission of India (CCI) on Wednesday directed its investigation arm to conduct a probe into WhatsApp's updated privacy policy and terms of service on prima facie…

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Industrial activities may gather further momentum on rise in govt capex, vaccination drive: Kant

Industrial activities in India are expected to gather further momentum on account of an increase in government capital expenditure, accelerate the COVID-19 vaccination drive, and resolute push to long-pending reforms,…

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[Funding alert] ChrysCapital invests $50M in Safex Chemicals for a minority stake

Agrochemical company Safex Chemicals India on Wednesday said PE firm ChrysCapital has invested $50 million (around Rs 362 crore) in the company for a minority stake.The transaction involves a combination…

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[Funding alert] Saas startup Voiro raises $1.8M in pre-Series A round led by Mela Ventures, 1Crowd

Voiro, a Bengaluru-based SaaS startup, on Wednesday said it raised $1.8 million in a pre-Series-A round led by Mela Ventures. Early-stage VC fund and angel platform 1Crowd, who had led…

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Practo launches 24×7 veterinary telemedicine and online consultation services for pets

Bengaluru-based telemedicine giant Practo has announced the launch of veterinary telemedicine services on its platform. As a part of these services, the company is partnering with licensed veterinarians across India…

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No digital tax if goods, services sold via Indian arm of foreign ecommerce players

In a bid to provide a level-playing field, the government has decided not to levy 2 percent digital service tax if goods and services are sold through Indian arm of…

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Lockdown proved to be an inflection point for ecommerce in India: Online retailers

The pandemic-induced lockdown and movement curbs marked an inflection point for ecommerce in India, pushing demand to record highs, nudging new buyers as well as sellers onto digital platforms, and…

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