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.
BUSINESS
Google Play testing third-party in-app billing system, starts with Spotify
This pilot comes as Google and Apple face increased scrutiny over their app store practices in India and other countries
BUSINESS
Instagram brings back the much-requested chronological feed
Instagram's new feed options will enable users to quickly catch up on the posts from their favorite accounts or accounts they follow, starting with the most recent posts.
BUSINESS
India's paid video subscriber base touched 80 million in 2021: Report
Regional content consumption will be around 50% of the overall video streaming consumption by 2025, from about 30% in 2020
STARTUP
Amagi enters India's unicorn club with $95 million funding from Accel, others
Amagi enables content owners to launch, distribute and monetise live linear channels on free-ad-supported television and video services platforms through a suite of solutions.
BUSINESS
Lila Games raises $10 million funding to build a mobile shooter game
Lila Games is developing a free-to-play mobile shooter game that is currently called 'Project B.L.A.C.K'
BUSINESS
Vodafone Idea partners with Nazara Technologies to launch gaming service
Vodafone Idea said its games service will initially offer casual games and gradually expand to host social games and esports in the future.
STARTUP
Nazara Technologies commits Rs 30 crore to Griffin Gaming Partners' second VC fund
Griffin Gaming Partners had recently raised $750 million in its second fund, bringing the total assets under management to over $1 billion across its two funds.
STARTUP
100ms raises $20 million led by Alpha Wave Incubation
Live video-conferencing infrastructure platform 100ms said it would use the funds raised to help developers build and deploy enterprise-class video applications within a few hours.
STARTUP
Loco raises $42 million funding led by Korean crypto investment firm Hashed
Game streaming startup Loco said this investment would accelerate its streaming technology and content initiatives as it aims to build a social experience platform for the virtual world.
STARTUP
Audio content platform Kuku FM bags $19.5 million funding led by PUBG maker Krafton
According to the startup, the funds raised will be used to broaden its language offerings and consolidate content creation.
STARTUP
Carl Pei's Nothing bags $70 million funding to expand to new products
Nothing's first product - a pair of wireless earphones called Ear (1) - was released in August last year. The company claims to have shipped over 400,000 units until now.
BUSINESS
Karnataka HC quashes FIR against Dream11 co-founders Harsh Jain and Bhavit Sheth
Karnataka High Court had earlier struck down the contentious provisions of the state's online gambling law as unconstitutional on February 14.
BUSINESS
Nazara Technologies to invest upto Rs 30 crore in subsidiary Next Wave Multimedia
Next Wave Multimedia is a mobile game developer that focuses on casual and multiplayer mobile games in the sports genre.
BUSINESS
What is Google Play Pass and is it worth it?
BUSINESS
YouTube's creator ecosystem contributed Rs 6,800 crore to Indian GDP in 2020: Report
The number of YouTube channels making Rs 1 lakh or more annually was up over 60 percent year-over-year in India as of June 2021.
