A clutch of venture capital investors including A91 Partners, NewQuest Capital Partners and TR Capital are in separate talks to acquire a minority stake in Hector Beverages, owner of ethnic drinks brand Paper Boat, two people aware of the development said. In this round, Paper Boat plans to raise about $25-30 million at a valuation […]
Grab is expanding India engineering team in its search for a super app
Southeast Asia’s largest ride-hailing app Grab is expanding the scope of its India engineering team to include geomapping and data science as the Singapore-based tech firm looks to offer a super app to its customers in the region, officials said. Grab’s Bengaluru unit, one out its seven engineering and research & development centres, has so […]
Govt tells social media firms not to allow platforms to incite public order
The government asked social media companies to ensure that their platforms are not misused by elements against the country after it told Google and its video platform YouTube to remove video links that pertained to Wing Commander Abhinandan Varthaman. Google complied immediately with the government directive, said Union Minister for Electronics and Information Technology Ravi […]
6 Ways To Raise Your Business Intelligence To The Next Level
Business Intelligence once was a luxury used by corporations and enterprises who invested in a team of data scientists and IT specialists. Modern technology and software tools have made it possible for anyone to increase their BI value within their organization. Small and medium-sized businesses can use the same tools without investing a lot of […]
5 Data-Backed Benefits Of Using YouTube To Grow Your Business
YouTube has become an iconic app over the last decade. It has helped artists, comedians, and business people grow their careers. Because of the reduced reading culture in modern society, video marketing is essential nowadays. A related website deals with the fact Social10x enlighten how videos became a crucial source of information. Denying the effectiveness […]
Grofers raises fresh funds from existing investors, valuation hits $425M
Grocery delivery startup, Grofers has raised around $60 million in fresh capital from Softbank Vision Fund (SVF), the first tranche of a larger $120-140 million funding round that the company is stitching together. ET had first reported about the financing round in its October 29, edition last year. As reported at the time, SoftBank has […]
Government’s anti-counterfeit measures may bring down cost of original products
The anti-counterfeit measures proposed in the recently released draft national e-commerce policy are being hailed as a step in the right direction by the industry and online sellers. Industry insiders and sellers ET spoke to said that save for a few issues, the government’s anti-counterfeit measures would help in stemming the sale of fake products […]
JD.com beats Q4 estimates with 22.4% revenue growth
JD.com, China’s second largest e-commerce firm, reported a 22.4% rise in fourth-quarter revenue on Thursday, beating analyst estimates on the back of stronger online retail sales and sending its U.S.-listed shares up 8%. The results, boosted by the company’s November sale promotions, defy a wider drop-off in consumer spending in China in recent months. The […]
PolicyBazaar-owned DocPrime touches 1 million unique visitor milestone
DocPrime, the healthcare business launched by EtechAces Marketing and Consulting, the parent of online insurance aggregator PolicyBazaar, has seen one million unique visitors on its platform, the six-month-old venture announced on Wednesday. According to a statement by the venture, millennials and digital natives between the age group of 18-25 and 25-30 form the highest segment […]
BlackBerry sues Twitter for patent infringement
BlackBerry on Wednesday filed a patent infringement lawsuit accusing Twitter of illegally using technology in its mobile messaging applications that had been developed by the former smartphone maker. The lawsuit said Twitter wrongly sought to compensate for being a “relative latecomer” to mobile messaging by co-opting Blackberry’s inventions for such services as the main Twitter […]