Page 7 - Neha Alawadhi

Byju's acquires US-based digital reading platform Epic for $500 mn

The acquisition will help Byju's expand its US footprint; firm seeks to become a natural part of America's learning culture

Draft ecommerce rules seek end to flash sales but consumers don't: Survey

The rules, among other things, propose that ecommerce companies not be allowed to organise flash sales

Twitter's updated privacy policy to come into effect on August 19

One of the updates involves Twitter's social audio product Twitter Spaces; It is further adding details of what data it collects for its subscription service, Twitter Blue

IBM signs 10-year partnership deal with Bangalore International Airport

To create 'Airport in a box' platform that will support transforming the end-to-end travel experience for passengers

'We maintain a double-digit growth outlook,' says HCL Tech CEO

HCL Technologies to focus on its Mode-2 and Mode-3 offerings, demand remains robust

Google builds on India bet, set to buy 2-year-old start-up simsim

The financial details of the deal were not disclosed. simsim was founded in June 2019.

With an eye on online shoppers. YouTube buys social commerce startup simsim

The simsim app serves as a platform to connect local businesses, influencers and customers. The company had raised $16 million in 2020

Paytm Money trends on Day One of Zomato IPO as new investors flock

Zomato IPO sees retail portion subscribed by over 200% within the first two hours of opening

Madhur Deora to Renu Satti, meet Paytm's key managerial personnel

According to Securities and Exchange Board of India regulations, the DRHP or offer document is required to have details about directors, promoters and key management personnel

Paytm shareholders approve Rs 12,000 cr primary fundraise at company EGM

Vijay Shekhar Sharma declassified as promoter; the company will raise Rs 2,000 cr before IPO

Paytm's key management personnel likely to be named in its DRHP

Paytm's wholly-owned arms are also being run by key leaders, including Varun Sridhar, who heads Paytm Money, Satish Gupta (Paytm Payments Bank) and Vineet Arora (Paytm General Insurance)

Social commerce firm Trell raises $45 mn in series led by Mirae Asset, H&M

It is first Indian investment by H&M Group, company that owns fashion retail brand H&M, COS, and Monki

Game changer: Making sense of open source software in digital economy

Earlier government projects used open-source technology, but the codes were never opened up to the larger community, reports Neha Alawadhi

Twitter India releases its transparency report under new IT rules

According to the data, Twitter in India received the highest number of complaints, 20, relating to defamation

Twitter India names Vinay Prakash as its grievance officer for India

The executive will be based in Bengaluru, says company as it posts data about complaints it had received

Zomato is first IPO on Paytm Money's new pre-IPO open application feature

Paytm Money is the first digital broker in India to offer this functionality, and expects this to significantly increase the participation of retail users in IPOs via its platform

Paytm president Amit Nayyar, other top executives quit ahead of IPO

Paytm is headed for a $2.3-billion IPO by the end of 2021

Twitter's India business is trending despite company's face-off with govt

According to data intelligence platform Similarweb, the Twitter app's daily active users on Android increased to 10.03 million in May from 7.85 million in January 2021, a 27 per cent rise

IPO may not change how we operate our biz: Zomato's co-founder & CFO

Most of our investors are looking at it as a long-term investment for five-ten years, no one else wanted to sell, says Akshant Goyal

IPO-bound Zomato says it'll launch grocery delivery on its app soon

Zomato will introduce a grocery section on its app and confirmed its investment in Grofers.