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@ETtech

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Breaking news, insights & smart analysis on the business of technology, startups & the new economy in India, from the reporters at The Economic Times.

India
Joined February 2015
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@ETtech
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10 hours
🚨 #Swiggy sets IPO price band at Rs 371-390 per share ET had reported on Monday that Swiggy would issue shares within this price range. At the upper end, the company’s valuation would reach $11.3 billion.
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4 years
Hey, everyone. It's recap time again but our main story today is so utterly, madly, pandemically bizarre that we've decided to skip our usual introduction and get right to it. THREAD
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2 years
🚨🚨BREAKING NEWS: RBI is planning to ban cryptocurrencies : Nirmala Sitharaman.
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24 days
#Watch : #ETSA2024 | Had to clear out senior Zomato executives who lost the drive post-IPO: @deepigoyal Read more at:
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5 years
Google Chief Executive Sundar Pichai will replace Larry Page as CEO of parent Alphabet, extending a long retreat from public roles and active management by Page and Sergey Brin at the company they co-founded 21 years ago
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4 years
🚨 Tesla has opened a fully-owned Indian subsidiary in Bengaluru, as a first step to set up an R&D unit and a manufacturing plant for its electric vehicles in the country
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4 years
🚨🚨 Facing backlash, WhatsApp to delay new privacy policy by three months
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2 years
Breaking: ED confirms seizure of Rs 5551.27 crore against Xiaomi Technology India Private Limited under the provisions of FEMA #Breaking #Xiaomi
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9 months
🚨🚨 #Zomato
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3 years
On Gender Gap In India's Startup Ecosystem "I've always said there are no glass ceilings. I don’t think men are waiting to not allow women to do what they want. I think women have to want it...And if they want it for themselves, they will have it." Read:
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8 months
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4 years
TCS has overtaken Accenture as the most-valued IT firm globally.
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3 years
🏆 Good morning! The day is finally here. The winners of the #ETStartupAwards2021 are: ■ Startup of the Year: @zomato ■ Midas Touch (best investor): @sbikh ■ Woman Ahead: @ChapmanLizzie Read more:
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5 months
🚨🚨JUST IN: Google invests $350 million in ecommerce major Flipkart as part of its ongoing funding round of $1 billion.
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2 years
🚨🚨 #JUSTIN : #PhonePe launches new comsumer app Pincode marking its entry into #ecommerce
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5 months
🚨🚨 🆕 🆕 Rare Rabbit, a Bengaluru-based omnichannel premium men’s apparel brand, is closing its maiden institutional funding round of Rs 500 crore valuing the company at Rs 2,200 crore.
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6 years
ET Exclusive-Morgan Stanley warns Walmart may exit #Flipkart post new FDI rules. Says an exit is not completely out of the question with the India e-commerce market becoming more complicated, @NishanthV_ET @samidhas
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1 year
🚨 #Tata Sons has invested more than $2 billion in super app #TataNeu , which has seen a surge in business after being reworked in time for the just-concluded Indian Premier League (IPL), Tata Digital CEO Pratik Pal told ET in an interview.
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5 years
@rsprasad @SurabhiA_ET @ASMankotiaET . @rsprasad : I have instructed the department to come up with a policy framework so that work from home becomes a mass movement in India. There is great potential to permit innovation, reduce load on the system and the establishment
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5 years
@rsprasad had a word of advice for startups at #ETStartupAwards -“I want to tell something to startups. Never ignore the facet of inclusion. Indians love technology. You will never succeed in India without compassion..”
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5 years
@rsprasad @SurabhiA_ET @ASMankotiaET . @rsprasad said the incentives worth Rs 48,000 crore for the electronics manufacturing sector will play a big role in reviving the economy reeling from the Covid-19 virus outbreak
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1 year
🚨 #Breaking #Swiggy The revised valuation from Invesco represents a 48.6% decrease from its previous valuation of $10.7 billion
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5 years
. @Binance has acquired Mumbai-based bitcoin exchange @WazirXIndia , in a significant move in the cryptocurrency ecosystem in India @sangha_kar
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3 years
#BREAKING Big changes proposed for e-commerce firms
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1 year
🚨Scoop: Digital payments firm Razorpay is in the process of moving back its parent entity to India from the US, amid tighter sectoral regulations.
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2 years
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2 years
Cricketer @deepak_chahar9 , wife float fantasy sports app Chahar along with his wife Jaya Chahar has floated a sports tech venture JCDC Sports, which has rolled out a fantasy sports gaming platform TFG (Trade Fantasy Game). Read more here:
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6 years
Bengaluru-based @zerodhaonline has replaced giants like ICICI Securities, HDFC Securities, Kotak Securities, Motilal Oswal and Sharekhan to emerge as the largest broker in India in terms of number of clients
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5 years
Bollywood actor Akshay Kumar has invested an undisclosed amount in GOQii, as part of the home-grown wearable devices maker’s ongoing Series C funding round in which it is aiming to raise $50-$70 million @BiswarupGET
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5 years
While social media companies have played a commendable role in dealing with the crisis, they need to behave responsibly in tackling misinformation, @rsprasad told @SurabhiA_ET and @ASMankotiaET
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6 years
Redmi Y2: Delivers premium features at a budget price @XiaomiIndia @manukumarjain
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4 years
. @stpiindia units in Karnataka exported services worth Rs 36,459 crore during the past three months amid the lockdown in the wake of a pandemic @ayanpramanikET
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7 years
Paytm stops 'root access' on Android phones after flagged by French security researcher
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3 years
📈 Falguni Nayar has emerged as India’s richest self-made woman billionaire after the blockbuster listing of @MyNykaa , @tds19 reports. Read more:
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8 years
OnePlus to stick to its online-only sales strategy in India @OnePlus_IN @petelau2007 @getpeid @Vikas_AGL
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6 years
India's top founders & VCs Abhay Pandey ( @abhay__pandey ), Kunal Shah ( @kunalb11 ), Farid Ahsan ( @frdahsan ), Tarun Davda ( @tarun_davda ), Sandeep Singhal ( @aaasandeep ) & Sahil Barua pick their startup of the year
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4 years
Sridhar Vembu, founder and CEO of @Zoho which has remained bootstrapped since it was founded in 1996, has been conferred the Padma Shri award. #PadmaAwards @svembu
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7 years
RBI gives Zerodha a licence to lend @zerodhaonline
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3 years
🚨 Paytm is setting up oxygen plants in 12-13 cities, as hospitals across the country face oxygen shortage amid the more virulent second Covid-19 wave @vijayshekhar @Appy2209
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3 years
Ethereum founder Vitalik Buterin has donated $1.14 billion in cryptocurrency to Covid-19-hit India. Read more:
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7 years
Xiaomi India's revenue in 2017 will be more than $2 bn: MD Manu Kumar Jain @XiaomiIndia @manukumarjain
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3 years
🚀🚀 We’re back with Season 2 of @ETtechRundown . Come join us, all you Android users, we’ve missed you:) Hosted by @samidhas along w/ @ETtech ’s in-house crypto experts @AshwinM_ & @Appy2209 who’ve followed every move in this hyper charged industry. Link
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5 years
Xiaomi now has 2,000 exclusive Mi Stores across the country, with the last 1,000 Mi Stores coming in a little over 4 months. This should help the company reach its target of driving 50% of sales through offline by 2019-end, @manukumarjain tells @Alnoor_ET
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3 years
⚡️⚡️WazirX catches a cold every time the crypto world sneezes, but India's largest crypto exchange has promised to make amends. #BitcoinCrash A must-read by @Appy2209 :
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7 years
Indonesia's Pundi X looks to launch crypto PoS network in India later this year @PundiXLabs
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5 years
Justice BN Srikrishna, who led the committee that drafted the data bill, said the bill placed in Parliament which allows govt to exempt its agencies from some or all provisions, is “dangerous” and can turn India into an “Orwellian State” @MeghaMandaviaET
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5 years
Global decentralised cryptocurrency exchange @binance Group has set up a $50 million blockchain technology fund for India, weeks after the Supreme Court struck down the curbs on cryptocurrency trade in the country @AditiS90
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2 months
Aviral Bhatnagar, who earlier led enterprise software and #AI investments for Venture Highway, has launched a Rs 100 crore #fund to back early-stage Indian startups. The fund, launched by the new #VC firm AJVC, will focus purely on pre-seed stage investments, he told ET.
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2 years
🚨 Exclusive: Reliance Retail-backed #Dunzo has secured funding of $75 million through convertible notes, said several people aware of the matter. It is also laying off about 30% or over 300 staff
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8 years
Startups like MyVoteToday & ShareChat turn pollsters by analysing users’ posts @sharechatapp @myvotetoday
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4 years
🚨Amazon says it will donate 100 ICU ventilator units to the Indian government which it would import and airlift from the US
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1 year
Scoop: Paytm, which comprises about a third of the total orders on the Open Network for Digital Commerce (ONDC), may forego the 3% commission it charges as a buyer app on the network, intensifying the challenge ONDC poses to the Swiggy-Zomato duopoly.
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4 years
Snapdeal's @1kunalbahl has taken over as the chairman of CII's e-commerce committee for the year 2020-21
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4 years
🦄🦄
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1 year
#Byjus to form committee to advise CEO on board, governance CEO Byju Raveendran told shareholders that Byju’s is much larger than any individual and decisions made will be in the best interest of the company.
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3 years
🚖 TCS has won a 10-year contract from Transport for London to design, implement and operate a cloud-based smart mobility system for administration of London’s 115,000 taxis and private-hire vehicles.
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3 years
🚨Twitter has to comply with new IT rules for digital media, says Delhi High Court. Read more:
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4 years
🚨 PUBG Corporation has cancelled its franchisee deal for PUBG mobile games with Tencent Games in India following the ban of the gaming app in the country
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1 year
Garuda Aerospace to tie up with Goa agri dept for promoting use of drone in farming Drone maker @garuda_india will collaborate with Goa's Department of Agriculture to conduct a drone yatra, an initiative boosting the usage of drones in this sector.
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3 years
🚨 @sequoia has promoted five of its executives to the position of managing director, as the marquee VC fund bulks up its leadership team amid unprecedented dealmaking in India's startup ecosystem.
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8 years
Paytm's story now a case study at Harvard @Paytm @vijayshekhar
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3 years
There were two key reasons why Sandeep Nailwal and Polygon’s other cofounders decided to raise $450 million from 40 marquee investors by selling them $450 million worth of Polygon’s native token — institutional legitimacy and firepower. By @Appy2209
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2 months
@myntra @albinder @nikhilkamathcio Juror @ShubmanGill also shared his experience being on the elite jury:
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3 years
🆕🆕After clocking partial exits from portfolio firms like Sharechat and Sugar Cosmetics, India Quotient gets $64 million from domestic investors for the first close of its 4th fund, ⁦ @anandlunia ⁩ ⁦ @sinhamadhukar
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8 years
Infibeam's Buildabazaar platform to be used for Saudi Telecom’s Jawwy @buildabazaar @jawwy
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4 years
🚨 India must replicate the Aadhaar model to create a massive vaccination programme that can cover 3-5 million people daily, @NandanNilekani tells @ragkrishnan_ET & @ARaiET in a wide-ranging interview
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8 years
7,000 Indian railway stations could soon become digital hotspots @sureshpprabhu @RailMinIndia
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1 year
🚨 Scoop | Tiger Global, among the world’s most prolific technology-focused investors, is in talks to invest around $40 million in the #IPL franchise RajasthanRoyals at a $650 million valuation.
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6 years
How Zerodha stood its own against India’s largest stock brokerages @zerodhaonline @Nithin0dha
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1 year
🦈 No deal | Over a year after Shark Tank India Season 1 aired on television, seven of the so-called sharks (investors) completed only 27 of the 65 soft commitments that they had agreed to deploy in startups on the show, according to an analysis by PrivateCircle Research.
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7 years
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4 years
#ETStartupAwards : @zerodhaonline has secured the coveted Startup of the Year award @Nithin0dha @kamath_nikhil
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6 years
. @_sachinbansal Flipkart cofounder with @dilipasbe at the #ETAwards @NPCI_BHIM won the policy change agent of the year award.
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5 months
🚨 Ola is migrating its IT workload from Amazon Web Services cloud as well, after having exited Microsoft’s Azure cloud. For Azure, Ola’s departure would mean a daily revenue loss of Rs 5-25 lakh. For AWS, this number would range between Rs 30 and Rs 40 lakh.
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3 years
🚨 BREAKING | Paytm shares hit lower circuit on listing day after biggest Indian IPO. Read more:
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