Category: Times Internet
Tencent in talks to lead funding in India’s Pocket FM
Tencent is in advanced stages of talks to lead an investment round in Gurgaon-headquartered Pocket FM, the latest in the Chinese giant’s push to broaden its consumer internet portfolio in the Indian market. The Chinese firm, which is already an investor in Pocket FM, is in talks to lead a…
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Indian logistics giant Delhivery raises $277 million ahead of IPO
Delhivery, India’s largest independent e-commerce logistics startup, has raised $277 million in what is expected to be the final funding round before the firm files for an IPO later this year. In a regulatory filing, the Gurgaon-headquartered startup disclosed it had raised $277 million in a round led by Boston-headquartered…
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Google-backed Dailyhunt and Josh’s parent firm raises over $100 million
VerSe Innovation, the parent firm of popular news and entertainment app Dailyhunt and short video app Josh, said on Monday it has raised over $100 million as part of a Series H financing round from Qatar Investment Authority and Glade Brook Capital Partners. The announcement follows another $100 million+ investment…
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Spotify signs deal with Saregama to add more than 100,000 tracks to India catalog
Spotify has secured another deal in India to fill much of the remaining void in its catalog in the country. The Swedish music streaming service said on Monday it has partnered with Indian music label Saregama to bring more than 100,000 retro and new age songs in over 2 dozen…
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Investors, startup founders in India pool $13M to fund projects that fight coronavirus
More than 150 investors and entrepreneurs in India are funding dozens of projects in a bid to help millions better combat the COVID-19 epidemic and help the nation’s booming startup ecosystem withstand the economic devastation the pandemic has caused. The investors said they have contributed 1 billion Indian rupees —…
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