The rationale behind the deluge of dollars flooding into billionaire Mukesh Ambani’s Reliance Jio Platforms is beginning to become more clear as his e-commerce venture JioMart starts rolling out to more people across India. An e-commerce venture between the nation’s top telecom operator Jio Platforms and top retail chain Jio […]
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Facebook’s major bet on Jio Platforms could create a headache for mobile payments services that have amassed tens of millions of users while struggling to find a business model in the world’s second-largest internet market. The $5.7 billion investment, Facebook’s second-largest to date, could also further its dominance in India […]
More than six dozen startup founders, venture capitalists and lobby groups in India have requested the government to grant them a “robust relief package” to help combat severe disruptions their businesses face due to the coronavirus outbreak. In a joint letter to India’s Prime Minister Narendra Modi, startups requested the […]
India is turning to WhatsApp, the most popular app in the country, to create awareness about the coronavirus pandemic and has urged social media services to tackle spread of misinformation on their platforms. Narendra Modi, India’s Prime Minister, said on Saturday that citizens in the country can text a WhatsApp […]
Ride-hailing giant Ola said on Friday evening that it is temporarily suspending its pool ride option, called Ola Share, in India in a bid to slow the coronavirus pandemic by encouraging social distancing. The Indian firm, which operates in several countries, including Australia, New Zealand and the U.K., offers Ola […]