BUSINESS
Netflix to get cheaper, but it comes at a cost
The Asia Pacific (APAC) region, which includes India, was the lone saving grace for the company during the quarter as it added 1.09 million paid members in the region.
STARTUP
Audio platform Headfone bags $10 million funding led by Elevation Capital
Headfone, which offers Hindi audio dramas in fiction genres like horror, thriller, and romance, plans to use the funds to expand to other languages and genres
BUSINESS
Nodwin Gaming to buy 35% stake in gaming accessories brand Wings
Nodwin Gaming said it will roll out a custom series of gaming headphones themed around popular Indian gaming and esports talents and influencers
BUSINESS
Elon Musk’s Twitter play: What’s at stake for the company, its India operations
Concerns over what Musk could bring to the table outweigh the business positives that may be in store for the microblogging platform
BUSINESS
Tata Neu to unveil improved app after clocking over one million sign-ups and downloads within days of launch
Tata Neu is a key part of the 154-year-old Tata Group's plan to take on established giants such as Amazon, Walmart's Flipkart, and Jio Platforms.
BUSINESS
EV fire incidents a wake-up call for the industry, says Hero Electric's Naveen Munjal
The government may now get stricter with the battery standards, how quickly one can launch the product and get it out in the market, Munjal tells Moneycontrol
BUSINESS
Netflix gives Two Thumbs Up to users for improved recommendations
The feature will enable Netflix members to let the service know what types of television series and films they want to see more of.
STARTUP
Dyte bags $11.6 million funding, to help businesses integrate live video with their apps
Dyte plans to use the funds to expand its product and engineering team, with a focus on international hires
BUSINESS
Its a Neu day as Tatas pack a range of brands inside the super app
The app will allow users to access a range of services from the company-owned brands including Air Asia, BigBasket, Croma, IHCL, Qmin, Starbucks, Tata 1Mg, Tata CLiQ, Tata Play, and Westside
BUSINESS
Speciale Invest raises Rs 286 crore, to double down on deep tech, enterprise software startups
Through the new fund, the firm plans to invest in more than 20 early-stage companies through pre-seed and seed rounds, with the average cheque sizes ranging from $100,000 to $1 million
BUSINESS
Zomato reacts to CCI probe, says its practices comply with the laws
CCI had ordered an investigation in the conduct of both Zomato and Swiggy based on allegations made by the restaurants association.
BUSINESS
Nazara Technologies to infuse Rs 19 crore into early-stage investor Bitkraft Ventures
Bitkraft Ventures backs startups in gaming, Web3, and immersive technology
BUSINESS
Gupshup buys conversational banking service provider Active.Ai in third acquisition over six months
This purchase will enable Gupshup to strengthen its customer experience solutions for the banking, financial services and insurance (BFSI) sector.
STARTUP
Bombay Play raises $7 million funding to build social games
Bombay Play plans to use the fresh capital raised towards scaling its existing 'hypersocial' game offerings and supporting upcoming projects
STARTUP
Indian startups raise over $10 billion funding in first quarter of 2022
Bengaluru continues to dominate in terms of funding deals, with the startups in the city attracting $4.6 billion across 121 deals in Q1 of 2022
BUSINESS
Meta debuts slew of new features on WhatsApp, Messenger
WhatsApp said that users are sending an average seven billion voice messages on a daily basis on the app.
STARTUP
Games24x7 raises $75 million funding at $2.5 billion valuation
Games24x7 plans to use the funds raised to accelerate its user growth, content development, and technological capabilities.
BUSINESS
Online gambling ban: Karnataka govt approaches Supreme Court against HC judgement
Karnataka now joins its neighbouring state Tamil Nadu that had also filed a similar petition before the Supreme Court in November last year
BUSINESS
Indian startups may see a shift in pace and quality of VC deals in 2022: Report
Consumer technology, fintech, and SaaS accounted for more than 75% of the VC investments in terms of overall deal value in 2021.
STARTUP
LambdaTest raises $45 million in funding led by Premji Invest
LambdaTest allows web developers to test their websites and apps on over 3,000 different combinations of browsers (and their different versions), operating system environments and devices.
BUSINESS
Twitter joins IPL 2022 party, tests dedicated cricket tab on Android
The feature, which will be available to select users, will help cricket enthusiasts discover relevant, exclusive, and Twitter-first content, the company has said
BUSINESS
Shopee's short-lived India foray to end on March 29, amid mounting pressure from local retailers
Shopee is still advertising a sale event on April 4, at the time of writing this article. Offer letters were also being released till last week, indicating that the transition plans are still not clear at the firm, sources told Moneycontrol.
BUSINESS
InMobi's Glance buys Gambit Sports in NFT gaming push
Glance said this acquisition will enable the company to bring NFT-based live gaming experiences to GenZ users on its platform in the coming quarters.
BUSINESS
YouTube debuts two new features to help improve credible health info in India
These features will be available in English and Hindi and will provide context cues aimed at helping YouTube users easily access videos from verified health sources.
