The Samsung Galaxy Apps Store is the underdog when it comes to competing with the iOS and Google Play app stores. But the company does have the advantage of being the world’s biggest smartphone maker, and it embeds its app store on every smartphone it ships. As a result, the Galaxy Apps Store is slowly […]
GUEST: India is the fastest growing e-commerce market in the world, according to a report published by Forrester. The same report claims the online retail market in India is poised to reach $64 billion by 2021, with a 31.2 percent compound annual growth rate over five years. In the Asia Pacific region, mobile commerce is expected […]
GUEST: It’s been an action-packed week for India’s tech and startup scene. Here are the highlights: 1. Flipkart raised $1.4 billion from Tencent and Microsoft and acquired eBay’s India operations. India’s biggest commerce company has now raised $4.5 billion since it was launched nearly a decade ago. Most of the money will help fund its intense […]
Google is getting into the restaurant delivery and home services businesses – nope, not in the U.S., but rather in parts of India. The company has quietly launched a new app called Areo which currently only works in Bangalore and Mumbai, India, allowing users to order meals from nearby restaurants or schedule appointments with local service professionals, including electricians,… Read More
Amazon has gained a wallet license in India, Medianama reports, as part of a move that will allow the U.S. e-commerce giant to offer a paying experience with less friction in the country. Currently, Amazon customers must go through two-factor authentication processes for each purchase that they make. That’s in accordance with national law. A wallet license could change things but… Read More
Indian health tech startup Lybrate has raised $3 million in new funding, according to a filing in the U.S., where it is incorporated.
Lybrate declined to comment on the filing, nor would it provide details of the investors who participated in the round.
Make what you will of that cagey response. The company last raised $10.2 million led by Tiger Global in July 2015, which is some time ago. Read More
Indian ecommerce juggernaut Flipkart has raised $1.4 billion from eBay, Microsoft, and Tencent, in what is the biggest single investment in Flipkart’s history. The investment values Flipkart at a whopping $11.6 billion, according to a statement issued by the company. “We have chosen these partners based on their long histories of pioneering industries, and the […]
Google’s great Indian charm offensive continues today with the news that the internet giant is finally opening its subscription-based music streaming service to users across the country. Google Play Music first opened to Indian users last September, however it was limited to purchases and downloads. Now music fans in India can access an on-demand streaming […]
Six months after unveiling a brand new standalone YouTube app, redesigned and rebuilt with patchy internet connections in mind, Google has finally made YouTube Go available to download for everyone in India on Google Play. To target the “next billion” internet users in India, Google has introduced a number of initiatives, one of which is […]
WhatsApp may be about to introduce peer-to-peer payments in India, which is its largest market with over 200 million users. A report from The Ken, an India-based subscription media company that we recently profiled, claims that WhatsApp plans to use UPI, a cross-bank payment system backed by the government, to begin allow money transfers between users within the next six months. “India is… Read More