Japanese internet and telecom giant SoftBank’s $100-billion Vision Fund will make public market investments in India, a first for the deep-pocketed group, which drove up the euphoria around the local consumer internet ecosystem, people familiar with the matter told. SoftBank’s Vision …
Tag: Foxconn
Chinese firms poised to take over from US cos as lead investors in Indian start-ups
If there were any fears that the rising protectionism targeted against India’s neighbours would inhibit the flow of Chinese investments into domestic startups, they are belied by the growing belief in the change of guard on the investment front. Investors from the Middle Kingdom are being a…
Hyderabad-based startup Smartron ties up with Sachin Tendulkar, bats for IoT
Smartron India, a leading technology OEM company and an Internet of Things (IoT) startup, recently announced a new innings with cricket legend, Sachin Tendulkar. Besides being the brand ambassador of Smartron, Sachin is also a strategic shareholder in the company thus making it his first investme…
Snapdeal establishes its data sciences centre in California
Snapdeal, India’s largest online marketplace, has established its data sciences centre in San Carlos, California, the New Delhi-headquartered company announced on May 30th 2016. The centre will act as the focal point for the online retailer’s efforts in big data and advanced analytics…