The simsim app serves as a platform to connect local businesses, influencers and customers. (Image credit: Google India blog)

YouTube to acquire Indian video e-commerce startup simsim

Jul 20, 2021

The company said there will be no immediate changes to simsim, and the app will continue operating independently.

It is now shifting focus to its two-year-old cloud-calling product Zoom Phone and conference-hosting product Zoom Rooms (Source: Reuters)

Zoom to acquire cloud software provider Five9 for $15 billion

Jul 19, 2021

The acquisition will complement Zoom Phone service, an alternative to legacy phone offerings, by adding Five9's business customers and combining its contact centre software to optimize customer interactions across channels

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Space start-up Digantara raises $2.5 mn in funding from Kalaari Capital

Jul 15, 2021

The space tech start-up plans to build a space situational awareness platform that will help satellites in lower earth orbit to avoid space debris and reduce the risk of collision with other satellites as well

Negotiations are almost over for the engines that will be used to power the homegrown Tejas Light Combat Aircraft (LCA)

India set to ink $700 mn fighter jet engine deal with US soon

Jul 14, 2021

The American engines already power the Mk1 variant of the Tejas Light Combat Aircraft (LCA) that is already in service with the IAF and would smoothly fit into the latest version of the indigenous fighter

Sumitomo Mitsui said it will eventually acquire 100 per cent stake in Fullerton India.

Japan's Sumitomo Mitsui Financial Group to acquire 74.9% stake in Fullerton India Credit

Jul 06, 2021

Sumitomo Mitsu said it has reached an agreement with Fullerton Financial Holdings Pte. Ltd (FFH) to purchase a 74.9 per cent equity stake in Fullerton India.

Pine Labs serves prominent large, mid-sized and small merchants across Asia and the Middle East.

Pine Labs raises $600 million, looking to list in US

Jul 06, 2021

The company, backed by Sequoia Capital, Temasek Holdings, PayPal and Mastercard, amongst others, had also raised $285 million in a funding round in May this year.

HC1 is a platform that manages GIP's road portfolio which spans across seven states.

KKR to acquire seven highway assets from Global Infrastructure Partners in India

Jul 05, 2021

KKR said it will acquire GIP's entire interest in Highway Concessions One (HC1) and seven highway assets.

CEA expects food inflation to ease with unlock, good monsoon

Jun 24, 2021

The retail inflation for May breached RBI's upper tolerance limit of 6 per cent, putting pressure on both the central bank and government to cool down food prices

LIC has witnessed an upsurge in e-payments following the COVID-19 pandemic

LIC ties up with Paytm to handle digital payments

Apr 19, 2021

The new agreement requires an easy payment process, a broader range of payment options, and more players (wallets, banks, etc) in payment channels

Videos and photos reveal Adani Ports' boss met with the Myanmar's military dictatorship's top general in 2019

Adani Group refutes engagement with Myanmar's military over port deal

Mar 31, 2021

The refusal came after a report by human rights organisations claiming that the group paid $30 million to the military-controlled Myanmar Economic Corporation in "land lease fees"

Koo is a microblogging platform for thoughts and opinions voiced in Indian languages.

Chinese firm exits desi social media app Koo's parent

Mar 17, 2021

Shunwei Capital had earlier invested in Bombinate Technologies for Vokal. However, Shunwei did not participate in the latest round of funding.