Flipkart chief executive Kalyan Krishnamurthy has invested an undisclosed amount in B2B industrial goods marketplace Moglix in an individual capacity. This investment comes after the company raised $23 million in Series C funding led by Accel Partners US and existing investor International Finance Corp (IFC) in December last year. At the time, Moglix founder & […]

Facebook is planning to start an operations centre in Delhi that will monitor election-related content on its platform to prevent the spread of fake news ahead of the upcoming Lok Sabha election, reports Mint. Shivnath Thukral, director, public policy, India and South Asia, Facebook told the publication that the centre will coordinate with the company’s […]

Indian consumers will find it hard to buy goods from the US directly via Amazon’s Global Store in India because of the recent FDI norms for online retailers that were implemented from last month. Launched with much fanfare in late 2016, Amazon’s Global Store has become virtually non-existent here with a sharp fall in the […]

The model code of conduct and its pre-certified political advertisement rules will apply to the social media as well. Chief election commissioner Sunil Arora said all major social media platforms — Facebook, Twitter, Google, WhatsApp and Share Chat — are committed to accepting only pre-certified political advertisements, sharing expenditure on it with the Election Commission […]

Top venture capital (VC) investors like SAIF Partners, Sequoia Capital India and Matrix Partners India are making about half a dozen early bets on a new set of e-commerce companies. These startups are catering to the next 100 million internet users who have come to the e-market. The startups — Bulbul, Simsim, WMall, Mall91 and […]

The revised pricing suggested by the Unique Identification Authority of India for eKYC transactions is bound to sharply increase operational costs for companies using the architecture for electronic signatures (eSign) of documents. According to industry executives in the business of authenticating documents, it could cause problems for early stage tech companies who use eSign for […]

When Period. End of Sentence. — a documentary on the fight for menstrual hygiene set in Uttar Pradesh’s Hapur district — won an Oscar in the last week of February, the entertainment industry took to Twitter to congratulate its Indian executive-producer, Guneet Monga. Amid all the adulation in hashtags, a tweet from screenwriter Harneet Sethi […]

In the best of times, Phani Missala, dressed in formals, would drive his new wine-red Hyundai Xcent into the sprawling Tech Mahindra (TechM) campus. A techie with over 13 years of experience at companies like Deloitte and Hewlett Packard, life was good for him. He still remembers the days he spent in Sunnyvale (California), Kuala […]

At first glance, Mark Zuckerberg‘s new “privacy-focused vision “ for Facebook looks like a transformative mission statement from a CEO under pressure to reverse years of battering over its surveillance practices and privacy failures. But critics say the announcement obscures Facebook’s deeper motivations: To expand lucrative new commercial services, continue monopolizing the attention of users, […]

Politicians across parties, including Prime Minister Narendra Modi and Congress president Rahul Gandhi, have begun strengthening their presence on social media platforms, sprucing up their profiles and increasing their interactions ahead of the general elections. Since social media first played a significant role in India’s elections five years ago, politicians have evolved and become savvy […]