Tata Digital's much-hyped superapp Neu has had a slow start in its first year of launch. Sources told us that the platform contributed less than 10% of gross sales for two of its biggest digital assets — egrocer BigBasket and epharmacy 1mg.
Rajaram, dubbed the ‘Godfather of Google's AdSense’, who later became product director of ads at Facebook, is also an angel investor in domestic startups with a portfolio comprising Cred, Curefit, and Whatfix.
Kurt Sievers, president and CEO of the Dutch semiconductor designer and manufacturer said he told PM Modi that he would “strongly recommend” India as a future location for their foundry partners.
A small but growing number of Democrats and Republicans have raised concerns, citing free speech and other issues and have objected to legislation targeting TikTok as overly broad.
The startup, present in India and United Arab Emirates, will utilise the capital to expand its business to 100 cities from 30 currently and for product development, founder Kapil Chopra told ET.
Alibaba said on Tuesday it was planning to split into six units and explore fundraisings or listings for most of them, in the biggest restructuring of the technology conglomerate in its 24-year history.
With this acquisition, LoanTap aims to leverage Unofin's expertise in healthcare financing to expand its reach in the rapidly-growing healthcare sector in the country.