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TENCENT INDIA INVESTMENT
Meta makes a $900 million super-app move in IndiaCred founder Kunal Shah, a philosophy graduate, built his platform on exclusivity for high credit scorers, now processing over 40% of India...- ETtech Deals Digest: Startups raise $225 million in second week of June, up 22% on-yearStartups secured $225 million in funding across 19 rounds during the second week of June, a 22% year-on-year increase. Hygenco Green Energi...
- Mygate closes Rs 225 crore deal with Dharana CapitalHousing society management platform Mygate has secured Rs 225 crore in a funding round led by Dharana Capital. The deal, which includes pri...
- Where Zepto stands in q-comm; H-1B relief kicks inHappy Wednesday! Zepto's IPO filing reveals where it really stands against Blinkit and Instamart. This and more in today’s ETtech Morning D...
- Explained: How AI mania has thrown India Inc out of MSCI EM's top 10 and world's top 100 listIndian companies are no longer in the top 10 of the MSCI Emerging Markets Index. A surge in AI stocks has shifted global capital. Taiwan an...
- Peak XV joins UK infrastructure startup Primer’s $100 million funding roundPeak XV Partners has joined a $100 million fundraise for global payments infrastructure startup Primer, marking another overseas investment...
- Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
- Tencent bets on India’s creator economy with Rs 10 crore gaming and animation pushTencent is investing significantly in India's creative industries. The company will fund skill development and training programs for animat...
- Sunil Bharti Mittal announces succession plan: Meet the GenNextAirtel founder Sunil Bharti Mittal is preparing for a leadership change over the next ten years. His three children, Kavin, Shravin, and Ei...
- Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
- Startups, not the only game in townIndia faces a job creation challenge as millions enter the workforce. The nation needs to support entrepreneurship in key sectors like infr...
- Revamped Tata Neu to bet on loyalty, financial services: Tata Digital CEO Sajith SivanandanTata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, inve...
- Investor that had a 3,700% return on Tencent sets sights on IndiaFabricio Bloisi, new CEO of Naspers and Prosus, aims to double the company's value in four years by focusing on strong team culture and inn...
- Tencent buys stake worth $264 million in Flipkart from Binny BansalThe transaction was completed on October 26, 2021 and was shared with the government authorities at the beginning of the current financial ...
- CAIT calls for a ban on Shopee following govt ban on 54 Chinese apps"Surprised Chinese company Shopee is not there in the list of ban apps. Though it has the same parent company Garena Free Fire and is owned...
- PhonePe gets $50 million from Tencent but won't use it in IndiaThe Singapore unit of PhonePe has raised $66.5 million (about Rs 500 crore) in a funding round led by Chinese tech company Tencent Holdings...
- Will Indian investments of Chinese troika Tencent-Fosun-Alibaba pay off?They want to adopt its tried-and-tested strategy of going deeper into the startup ecosystem. Hopefully, this capital flow won’t lead to unn...
- Tencent looks for early-stage startup bets, likely to invest $5-15 millionTencent will continue to place large strategic bets on mature Indian ventures as it looks to pick up significant minority stakes in market ...
- Hike raises $175 million from Tencent, Foxconn, othersThe company wants users to spend more time on the app and build more products that engage with users.
- After Alibaba Holdings, Tencent makes first investment in Indian firmThe company behind popular messaging app WeChat has been known as a fairly aggressive investor in startups both in China and overseas.
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