Edtech firm NxtWave on Tuesday said it has raised $33 million (about Rs 272 crore) in its latest funding round led by private equity firm Greater Pacific Capital. NxtWave's existing venture investor Orios Venture Partners also participated in the funding round.
Fans in China would have access to NBA video content on Alipay, the hugely popular payments app owned by Ant Group, the company said in a statement.
Nio will build 400 battery-swapping stations along highways and 600 in urban areas with a focus on the country's third- and fourth-tier cities and counties, Li said in a post on Nio's social media platform.
Indian banks that have their white-label payment processing offerings have also seen a rise in merchant signups, industry executives told ET.
A report in tech publication The Verge suggests that the new application has been rebuilt from scratch to improve its system resource usage on PCs and laptops significantly.
The use of two-wheelers for commercial purposes is in violation of the Motor Vehicles Act, 1988. The first offence could lead to a fine of Rs 5,000 while a second offence could incur a Rs 10,000 fine and imprisonment of up to a year, the department said in a public notice.