Paytm has alleged that Google Pay seems to be violating the data privacy norms. When it comes to digital payment services in India it is said to come with its own set of controversies. Recent accusation has come by Paytm claiming that Google Pay is said to be sharing consumer data with group companies and also third-party service providers.
According to sources, OLA is said to be valued at $4.3 billion in a $50 million funding. It has recently announced its arrival in New Zealand. It is seen to have raised $50 miilion from Sailing Capital which is a Hong Kong based private equity firm and the China- Eurasian Economic Cooperation Fund.
According to sources, OYO has now topped LinkedIn's first Startup list for India. LinkedIn just recently announced its inaugural of Top Startups List for India which is based on the "billions of actions" which are taken by more than 50+ million professionals on LinkedIn in India.
The following article highlights that Chaayos is all set to raise about $12 million from SAIF partners and others for the purpose of offline expansion. The main purpose of this funding is to double the company's revenues month on month.
WeWork, the world’s biggest real estate company that provides coworking space to businesses across the world is planning to foray into content marketing. It acquired Conductor in March, a company that analyses people's search queries and help companies to market themselves better. Conductor also helps companies with heir content marketing strategies.
Ex-Flipkart executives Sujeet Kumar, Amod Malviya and Vaibhav Gupta's B2B e-commerce startup Udaan, has raised $225 million in its latest funding round, making it the fastest Indian start up to reach $1 billion in valuation. The funding round was led by DST Global and Lightspeed Venture Partners.
According to sources, Uber is all set to launch its Flying cabs. India is likely to be one of the five shortlisted countries. Apart from India, the other countries include Japan, Australia, Brazil and France.
Paytm has acquired Bengaluru-based smart-savings management startup Balance.Tech for an undisclosed amount. The startup builds smart products to inculcate savings habit among its users The 6 members of the start up will join Paytm’s product and design teams. Through this acquisition, Paytm plans to utilize the product interface developed by the startup.