BUSINESS
Amazon Prime Video debuts movie rentals in India, announces a new lineup of over 40 shows
Amazon Prime Video is offering movies on rentals in India starting from Rs 99 to Rs 499 across various genres.
BUSINESS
India and Southeast Asia are massive opportunities for Spotify's future user growth: CEO Daniel Ek
Spotify added 16 million monthly active users for the quarter ended March 31, 2022, taking its total base to 422 million users.
BUSINESS
YouTube starts testing ads on its short video product
Rivals Meta (Facebook and Instagram) and Snap are also conducting similar tests on their short video offerings.
BUSINESS
After Apple, Google Play starts rolling out its own app privacy labels
Google Play's data safety section will provide users with more information about how apps collect, share and secure their data.
BUSINESS
Elon Musk's Twitter purchase: What does it mean for its India operations?
Details on what Musk plans to do with Twitter are sketchy at the moment but the deal has implications for the company's future and its operations in India, one of its biggest markets
BUSINESS
Moneycontrol Masterclass: Five most important questions on EV fires answered
We bring together some of the best EV experts to discuss safety features for the tropics, purchase decisions for customers, and why these mishaps are bad news for a sector that has been gaining traction.
BUSINESS
Over 250 million Snapchat users are engaging with its AR features everyday: Evan Spiegel
For Q1 2022, Snapchat reported a daily active user base of 332 million, an 18 percent increase on a yearly basis.
STARTUP
Cricket NFT platform Rario bags $120 million funding led by Dream Capital
This marks the first bet by the Dream11 parent in the Web3 space and its largest investment so far.
BUSINESS
VideoVerse raises $46.8 million from A91 Partners, Alpha Wave Global, Binny Bansal, others
The startup plans to use the funds to strengthen its teams, improve its technology, build new products and expand market share
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
