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Friday, 6 November 2020

Amazon Web Services to invest $2.77 billion in Telangana to set up data centres

The Hyderabad Cloud region will join the existing Mumbai region to provide customers with even greater resiliency for critical cloud workloads, lower latency, and improved compliance capabilities.

from Tech-Economic Times https://ift.tt/34ZP1PV

Thursday, 5 November 2020

Omnivore to pump Rs 140 crore into agri-tech startups

With increased smartphone adoption, the agri-tech sector is poised for growth, said Omnivore Fund's managing partner Mark Kahn

from Tech-Economic Times https://ift.tt/3mVmFfM

WinZO announces a second game developer fund with $5 million corpus

Winzo's first developer fund was announced in July last year with a $1.5 million corpus. It was deployed across nine teams, all of which were onboarded on the social gaming platform.

from Tech-Economic Times https://ift.tt/3k4ZHRo

Facebook CEO says he is 'excited' that WhatsApp has received nod for India launch

WhatsApp said it is working with banks such as ICICI Bank, HDFC Bank, Axis Bank, the State Bank of India, and Jio Payments Bank for the services.

from Tech-Economic Times https://ift.tt/3k50pyd

TikTok owner ByteDance in fundraising talks that will value it at $180 bln -sources

The company is discussing the round with existing investors including Sequoia Capital and General Atlantic to raise around $2 billion for the company, the people said, declining to be named as the talks were not public.

from Tech-Economic Times https://ift.tt/352qB8n

Tatas in talks to pick up majority stake in e-pharmacy firm 1mg

If the transaction goes through, it could significantly alter the face of India’s fledgling e-pharmacy sector, with two of the country’s biggest business houses battling for a piece of the action.

from Tech-Economic Times https://ift.tt/3p1G5Bt

Used two wheeler finance specialist WheelsEMI raises Series C funding of Rs 105 crore

WheelsEMI lends money for all kinds of two-wheeler purchases, including new two-wheelers in rural areas, electric two-wheelers and used two-wheelers, besides leasing of vehicles.

from Tech-Economic Times https://ift.tt/3oUUvDz