Blackstone sells IBS Software stake to Apax for $450 million
Blackstone has reached a definitive agreement to sell its stake in the Indian SaaS startup IBS Software to Apax for $450 million, the three said Monday, the latest in a…
Apple partner Foxconn to invest $500 million in India’s Telangana
Foxconn will invest $500 million to set up manufacturing plants in the southern Indian state of Telangana, the latest in a series of bets from the key Apple contract partner…
Indian edtech giant Byju’s raises $250 million, on track to close another $700 million
Byju’s has raised $250 million in fresh funding and is close to securing about $700 million more, two people familiar with the matter told TC, as the Indian edech giant…
Canon launches Powershot V10, its first camera designed specifically for vlogging; check details here- Technology News, FP
Mehul Reuben DasMay 12, 2023 18:26:48 ISTCanon recently unveiled the PowerShot V10, a sleek and portable camera specifically tailored for smartphone users who prioritize video recording. This compact and fashionable…
WhatsApp rolls out back-end fixes to address spam calls impacting Indian users
WhatsApp has announced that it has introduced back-end updates to tackle spam calls, which are particularly prevalent in India right now. It has impacted many users in the last few…
Hyundai Motor to invest $2.45bn in India by 2032 to boost EV ecosystem
Hyundai Motor has announced that it plans to invest $2.45 billion (200 billion Indian rupees) over the next ten years in the southern Indian state of Tamil Nadu to bolster…
Disney’s Hotstar loses 8.4 million subscribers as Ambani’s JioCinema ascends
Disney, the global entertainment conglomerate operating a variety of streaming platforms, suffered a 2% contraction in its total subscriber base for the quarter ending March this year. The decline is…
Google prices Pixel 7a in India at ₹43,999 — same as the Pixel 6a launch price
For the last few years, Google has been launching its ‘a’ series of Pixels mid-year, aimed at consumers who are looking for a good budget device. This year’s Pixel 7a…
Vanguard trims Indian ride-hailing giant Ola’s valuation by 35%
Ola, an Indian ride-hailing startup, has seen its valuation trimmed by its backer Vanguard amid a weakening global economy that has significantly impacted market capitalizations across numerous public companies. Vanguard…
Zomato shares plunge after Invesco cut rival Swiggy valuation
Shares of Indian food delivery firm Zomato ended session on Tuesday at a decline of 6%, hours after it became known that Invesco had cut the valuation of its rival…
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