Venture Intelligence data shows that during January to July 2020, investors infused $998 million in 31 deals. The total number of deals reported in 2019 was 42 worth $404 million.
Uber, Ola's main competitor in Australia, currently operates in 19 cities including Sydney, Melbourne, Brisbane, Adelaide, Perth and Canberra.
Young Indian entrepreneurs hope to share some of the limelight too at the Hyderabad event.
The two new markets are overwhelmingly dominated by US ride-hailing giant Uber, which has been able to edge out local start-ups
In an interview with Peerzada Abrar and Romita Majumdar, Cisco CEO Chuck Robbins said that his company would continue to bet heavily on India's engineering talent pool.
The government on Saturday made its prior approval mandatory for foreign investments from countries that share land border with India to curb 'opportunistic takeovers' of domestic firms following the COVID-19 pandemic, a move which will restrict Foreign Direct Investment from China.
Microsoft chief Satya Nadella said the tech giant will fund hundreds of new generation entrepreneurs in India's 'smart cities' space and is overwhelmed by the start-up culture in the country, especially in e-commerce.
At the GO-JEK hackathon in Bengaluru, there were over 100 people working on their projects. Most were between the ages of 25 and 30. All except the CoderDragons: Mrinal Jain is 11, and Shreyas Katuri is 12. Nikita Puri meets the pre-teens who are building a virtual voice assistant named Erica.
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Founded in 2010 by Sanjay Swamy, Valerie Rozycki, and Amiya Pathak, ZipDial is a cloud-based mobile and analytics platform, which help companies reach out their targeted audience and do marketing through 'missed calls'.
Good pay hikes, positive macroeconomic factors and the taming of inflation have had a positive effect on purchases
Most Indian start-ups and e-commerce are largely funded by foreign investors
Delay due to rise in operating cost of telcos, late adoption of 4G network
Yuri Milner is focussing on on consumer-driven Internet start-ups.
The coronavirus pandemic has changed how businesses look at payments. Earlier, fintech companies said when they were talking to merchants, they were not interested in digitisation.
India has no idiosyncratic innovation ecosystem, distinctively its own. Our VCs will not rush to fund brilliant ideas, says R Gopalakrishnan.
Amazon Web Services (AWS) on Friday announced setting up of its second data centre region in India in Telangana that will be operational by mid-2022, and will see the tech giant investing about Rs 20,761 crore. While AWS did not comment on the investment detail, Telangana IT and Industries Minister KT Rama Rao tweeted that AWS will invest Rs 20,761 crore ($2.77 billion) to set up multiple data centres in the state.
Experts have said the food delivery space is likely to see exponential growth this year.
Mumbai and Bengaluru also featured among the list of top five global cites in terms of future rental growth.
On his three-day trip, the Microsoft CEO will meet governments and businesses to get them to use the company's platforms.
With regard to his investment in Ola, Bansal said that on the one hand, the ride-hailing major had emerged as a global force in the mobility space and on the other it continued to build deeper for various needs of a billion Indians through its platform. This is the largest funding by an individual in the app cab.
Bangalore-based couple Sneha Sundaram and Bharath Bevinahally tell us how Kutuki, an early learning app, will change the way 200 mn kids in Indian will access education.
The Big Two telecom companies have accelerated their moves towards this next-gen technology, though they have chosen very different routes to getting there.
As many as 11,500 startups would come up in the country employing over 2,50,000 people by 2020, according to key findings of India Start-up Report 2014 of industry body Nasscom.
Engineering graduates specialising in artificial intelligence and machine learning can earn up to 24 lakh a year, says Saran Balasundaram, founder and CEO, HanDigital, a talent consulting firm.
Xiaomi now a lifestyle player, quietly launching a slew of non-smartphone products like Mi branded luggage, backpacks, apparel, U-shaped pillows, pens, home security cameras and air purifiers.
The first dimension of this vision will be to build physical as well as social infrastructure for a $10-trillion economy and to provide ease of living: Goyal.
The industry is looking at a promising 2016, though experts and even the investors anticipate correction on the valuation side
Post DeMo and GST, business outlook remain diminished among both buyers and sellers
Meet the trailblazers on Forbes 2018 list.
'We have to plan for whatever the new normal is.'
'India cannot function the Chinese way and the sooner people realise that, the better it will be.'
Besides opening up the possibility of a policy that allows vintage cars retrofitted with electric batteries to ply on roads, this also gives a clue to how cars older than 15 years that are banned can be valued again by a similar conversion to EVs, says Ritwik Sharma.
With scrutiny that comes with a public listing, Deepinder Goyal's leadership could face its sternest test yet.
Indian economy was growing faster than the global average and all other major economies: FM
Indian exchanges see spurt in volumes due to the entry of newcomers to the trade
"We are concerned about the data localisation law and the new e-commerce regulations...they do not fully take into account the needs of all stakeholders, including American and other foreign companies," acting principal deputy assistant secretary of the US, Thomas Vajda said.
Jio's global partnerships took shape this year when Jio Platforms, a 100 per cent subsidiary of Reliance Jio which has invested in various digital platforms, was able to woo a bevy of marquee investors: Facebook, Google, Qualcomm, Intel, and a numerous PE funds.
India's fifth largest software services firm Tech Mahindra will acquire global network services firm Lightbridge Communications Corporation (LCC) in an all-cash deal worth $240 million (over Rs 1,486 crore).
French President Emmanuel Macron, accompanied by his wife Brigitte Marie-Claude Macron, besides senior ministers from his Cabinet, began their four-day visit to India by meeting Prime Minister Narendra Modi and President Ram Nath Kovind and his wife. On Friday night, Macron was received at the airport Prime Minister Modi in a special gesture. Here are glimpses from Macron's visit.
Byju's acquires licences of hundreds of characters from Disney; to use cartoon characters to teach math, science.
