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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102481) | |
22351. India's Koo to replace Twitter in Nigeria? 5 new, unique features to decide if Koo's worth switching
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
News Bharati
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- 1. Koo's co-founder Aprameya Radhakrishna on Saturday tweeted that Koo is available in Nigeria
- 2. Accusing Twitter of double standards, the Nigerian government ceased operations of the social media platform after it froze President Muhammadu Buhari's account.
- 3. Aprameya Radhakrishna and Mayank Bidawatka developed the app, valued at over $100 million.
- 4. The app last year won the Government of India's Aatmanirbhar App Innovation Challenge in August 2020.
22352. [Startup Bharat] This Haryana-based edtech platform wants to make test prep for competitive exams affordable
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
Haryana
Your Story
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- 1. Haryana-based edtech startup Dhurina helps students prepare for state-level government competitive exams at an affordable price.
- 2. The startup was founded in June 2019 in Fatehabad, Haryana by four friends.
- 3. Dhurina is a team of 70+ members comprising developers, business analyst operators, customer-support executives, etc, along with 50+ expert teachers.
- 4. The courses include video lectures, live lectures, PDF notes, and e-books. Edtech was also India’s most-funded sector in 2020, fetching a record $2.2 billion in venture capital
22353. Amazon India to hire 20,000 temporary staff in customer service to serve global customers
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
The Economic Times
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- E-commerce major Amazon India said it is offering close to 20,000 'seasonal' or temporary employment opportunities in its customer service (CS) organisation to help customers in India and globally with a seamless online shopping experience.
- The new temporary positions -- being added to meet the anticipated demand in customer traffic in the next six months -- are open in Hyderabad, Pune, Coimbatore, Noida, Kolkata, Jaipur, Chandigarh, Mangaluru, Indore, Bhopal and Lucknow, Amazon India said in a statement.
- The eligibility criteria for these positions include having minimum educational qualification of 12th standard pass and proficiency in English, Hindi, Tamil, Telugu or Kannada.
22354. This vertical commerce startup wants to build the Nykaa for healthy snacks and breakfasts
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- 1. The demand for healthy snacking options, especially, is on the rise post the pandemic, so Reyfeber a Mumbai-based startup
- 2. Entrepreneurs Shreya Shah, Shashank Kutty, and Saurabh Mishra started Reyfeber in July 2020.
- 3. It aggregates 1,200+ snacking options from 65-odd brands from across India.
- 4. Reyfeber products cover six core food categories — essentials, spreads, bars, trail mixes, snacks, and beverages.
22355. Oaktree invests Rs 570 crore in realty developer M3M
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
The Economic Times
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- Oaktree Capital Management, a US based alternative investment firm has invested Rs 570 crore in M3M, a real estate company that’s developing multiple projects in the national capital region (NCR), including the Trump Tower in Gurugram.
- The funding would be Oaktree's first investment in NCR's real estate space.
- In all, the company has about 2.5 crore sq. ft. of projects under development with a construction outlay of Rs 4,500 crore.
22356. Google’s Sundar Pichai announces $10 billion investment in India
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
Indian Express
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- Google CEO Sundar Pichai announced a $10 billion investment in India on Monday at the Google for India virtual live-stream event. The event focused on contributing to accelerate India’s digital economy with this investment over the next five to seven years.
- “Today, I’m excited to announce the Google for India Digitization Fund. Through this effort, we will invest ₹75,000 crores, or approximately $10 billion, into India over the next 5-7 years. We’ll do this through a mix of equity investments, partnerships, and operational, infrastructure and ecosystem investments. This is a reflection of our confidence in the future of India and its digital economy,” Pichai said.
- Pichai also lauded Prime Minister Narendra Modi for the implementation of his vision Digital India which has made internet accessible to a billion Indians via cheap smartphones, affordable data, and world-class telecom infrastructure.
22357. [Startup Bharat] This entrepreneur started up to make Assam a tech hub
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- 1. TechVariable is a technology startup that aims to boost the tech ecosystem in Northeast India.
- 2. The startup provides tech-based solutions to its clients, especially product development.
- 3. The company stands out for its technology consulting workforce and best tech practices.
22358. Walmart to infuse $1.2 billion in Flipkart Group; pegs latter's valuation at $24.9 billion
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
The Economic Times
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- US-based retail giant Walmart has infused $1.2 billion in Flipkart's commerce business valuing it at $24.9 billion, as the Indian online retail battle gets redrawn with Reliance Jio's plans to leverage its telecom reach to propel online commerce.
- The capital from Walmart, which already owns around 80% in the Bengaluru-based online retailer, will take its shareholding up a percentage or so, said people in the know.
- This is the largest such fund raise for Flipkart since it was acquired two years ago for $16 billion, valuing the etailer at $21 billion.
22359. Jio-Google deal: Google to invest Rs 33,737 crore in Jio platforms
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
Indian Express
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- Reliance Industries Ltd (RIL) during its 43rd annual general meeting (AGM) has announced the reeling in of Google as an investor. The company has announced Google will invest Rs 33,737 crore for a 7.7 per cent stake in Jio platforms after all regulations are met.
- RIL’s Chairman & Managing Director, Mukesh D Ambani has announced that with Google’s investment, Reliance has turned completely debt-free. From now, it will only be accepting strategic investments. Ambani announced that it has partnered with Google to develop and launch a new 5G supported affordable entry-level smartphone
- With Google, the company will develop an operating system based on Android to power this affordable 5G smartphone that the company plans to launch soon.
22360. Why these second-time entrepreneurs decided to start audio social media platform Swell
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- 1. Sudha K Varadarajan and Arish Ali had earlier founded San Francisco-based Skava, a company that scaled up to profitable growth and made a $120 million exit to Infosys.
- 2. The duo then explored the audio and voice space and just launched Swell, an asynchronous audio social media platform, in India.
- 3. Swell today appeals to the young college-going adults as it brings in a variety, spontaneity, and fun to traditional podcasting.