Indian company

2022.01.10

10:04

Sequoia-backed fintech startup Pine Labs secretly files for $500 million US IPO

Asian Tech Press (Jan 10) -- Sequoia Capital-backed Indian digital payments provider Pine Labs has secretly filed for a U.S. IPO to raise $500 million, according to Bloomberg.

08:16

Amazon files new legal challenges in dispute with India's Future Group

Asian Tech Press (Jan 10) -- Amazon.com Inc. filed a new legal action in its long-running dispute with Indian retailer Future Group after India's antitrust agency suspended an agreement between the two parties in 2019, leading to a stay of arbitration between them. Reuters cited four sources and reported.

2022.01.04

06:15

India's richest man buys British battery technology company for 100 mln GBP

2021.12.20

08:56

PUBG developer Krafton invests $5 million in Indian dating app FRND

Asian Tech Press (Dec 20) -- South Korean game developer Krafton Inc said on Monday it has invested $5 million in the Indian dating app FRND.

2021.11.29

05:20

Indian fintech firm Slice raises $220 million to be "unicorn"

Asian Tech Press (Nov 29) -- Indian fintech company Slice announced Monday that it closed a $220 million funding round, at a valuation of more than $1 billion, Bloomberg reported.

2021.10.13

09:18

Tata Motors to launch 10 new EV models in next 5 years

Asian Tech Press (Oct 13) -- Indian automaker Tata Motors Ltd (NSE: TATAMOTORS) will set up a subsidiary for passenger electric vehicles, with plans to launch 10 new EVs for the next five years.

2021.09.10

07:32

Microsoft, OYO partner for ‘next-gen’ travel and hospitality products

Image source: Microsoft News

2021.08.30

11:51

Indian ride-hailing startup Ola selects banks for $1 billion IPO

(Bloomberg) -- Ride-hailing startup Ola Cabs has selected banks including Citigroup Inc. and Kotak Mahindra Bank Ltd. to manage its Mumbai initial public offering that could raise about $1 billion, according to people familiar with the matter.

2021.08.19

10:53

India's CARS24 to raise $350 million from SoftBank, others

(Bloomberg) -- India’s biggest online marketplace for used automobiles, CARS24, is closing in on a deal to raise about $350 million from DST Global, SoftBank Group Corp. and other investors, according to a person familiar with the matter.

2021.08.02

08:23

Microland Named Finalist for the Microsoft 2021 Government Partner of the Year Awards

According to PRNewswire, Microland announced that it had been named a finalist for Microsoft's Government Partner of the Year Awards for 2021. The company was selected among Microsoft's top partners worldwide for this award, demonstrating the company's excellence in innovation and implementation of customer solutions based on Microsoft technology.

06:04

SoftBank, Tencent-funded online insurer Policybazaar joins Indian IPO rush

SoftBank and Tencent-backed online insurance platform Policybazaar has submitted an IPO application to Indian regulators, planning to raise up to 60.18 billion rupees ($809 million) through an offering of new shares, joining a growing number of startups ready to enter the capital market.

2021.07.30

08:50

LTI Wins PTC Partner Network Award for Transformation in Manufacturing Operations

03:58

Microsoft in talks to invest in SoftBank-backed Indian hotel chain Oyo

July 29 (Reuters) - Microsoft Corp is in advanced talks to invest in Indian hotel chain Oyo at a $9 billion valuation, a source familiar with the matter said on Thursday.

2021.07.29

09:51

Indian IT firm Sonata Announces Acquisition of US-based Encore

Sonata Software announced the signing of a definitive agreement to acquire Encore Software Services, a Silicon Valley-based IT services company that provides user experience, data insight, and real-time collaboration services to customers in the healthcare, supply chain/logistics, and ISV industries.

2021.07.28

07:13

Walmart's Flipkart Appeals to India's Supreme Court to Drop Antitrust Probe

According to three people familiar with the matter, Walmart's Indian e-commerce platform Flipkart has reportedly appealed to India's Supreme Court against a district court ruling that allowed an antitrust investigation against Flipkart and Amazon to proceed.

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Weekly Highlights

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