Category: Press Releases

Amazon India partners with Ketto to launch crowdfunding initiative for sellers

Amazon India has joined hands with Mumbai-based crowdfunding company Ketto to help its sellers raise funding for business expansion, product development and even for medical assistance and launched a first of its kind program, “Amazon Wings” for its sellers. Ketto is Asia’s most trusted and visited crowdfunding platform that helps

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Reliance Jio acquires 87% stake in Times Internet-backed chatbot firm Haptik

Reliance Industries Ltd, through its subsidiary Reliance Jio Digital Services Ltd (RJDSL), has acquired 87% stake in artificial intelligence (AI) chatbot company Haptik Infotech Pvt. Ltd for ₹700 crore with the rest being held by Haptik founders and employees through stock option grants. The investment will help Reliance Jio Infocomm

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Mission Shakti: India tests first anti-satellite missile system

India has shot down a low-earth orbit satellite in space, propelling itself into an elite club of nations, which has mastered this anti-satellite (ASAT) missile technology. In operation code-named Mission Shakti, the Defence Research and Development Organisation destroyed a defunct satellite in low-earth orbit (LEO). The entire process completed in just three minutes

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Byju’s valuation crosses $5-billion mark, Investment from GA, Tencent to help in international play

India’s fourth largest startup, Byju”s has raised funding of $31 million (around Rs 214 crore) in a financing round led by US-based investor General Atlantic(GA), along with Chinese internet giant Tencent and Canada Pension Plan Investment Board (CPPIB). The investment takes the valuation of the Bengaluru-based company to over $5 billion, from

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