Tag: india
Google cracks down on personal loan apps in India following abuse and outcry
Google said on Thursday it has pulled some personal loan apps from Play Store in India and was implementing stronger measures to prevent abuse following reports that said several firms were targeting vulnerable borrowers in the country and then going to extreme lengths to recover their money. The Android-maker said…
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Madrona promotes Anu Sharma and Daniel Li as Partners
Fresh off the announcement of more than $500 million in new capital across two new funds, Seattle-based Madrona Venture Group has announced that they’re adding Anu Sharma and Daniel Li to the team’s list of Partners. The firm, which in recent years has paid particularly close attention to enterprise software…
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OnePlus unveils its first smartband
As expected, OnePlus is jumping into the wearable market. The company announced the OnePlus Band today, a cheap and cheerful fitness tracker bound for India. The centerpiece is a 1.1-inch AMOLED touchscreen with a 126 x 294 resolution and, according… Source
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Jumbotail raises $14.2 million for its wholesale marketplace in India
Jumbotail, an online wholesale marketplace for grocery and food items, said on Friday it has raised an additional $14.2 million as the Bangalore-based startup chases the opportunity to digitize neighborhood stores in the world’s second largest internet market. The five-year-old startup said the new tranche of its Series B financing…
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US says India, Italy, and Turkey digital taxes are discriminatory, but won’t take any actions for now
Digital services taxes adopted by India, Italy, and Turkey in the past years discriminate against U.S. companies, the U.S. Trade Representative said on Wednesday. USTR, which began investigations into the three nation’s digital services taxes in June last year, said it found them to be inconsistent with international tax principles,…
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Indian B2B e-commerce startup Udaan raises $280 million
Business-to-business marketplace Udaan has raised $280 million from new and existing investors as the Indian startup builds a war-chest to accelerate its growth and fend off rivals. The new capital is not part of a new financing round but is an extension of Series D. The Bangalore-based startup, which secured…
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