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Friday, 28 May 2021

ETtech Deals Digest: One new unicorn, One big deal

Banking tech firm Zeta became the 14th Indian unicorn so far this year after raising $260 million from SoftBank and others. Tata Sons has made its acquisition of BigBasket official.

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

Mindtree to focus on six white space growth opportunities

Mindtree’s acquisition of L&T Group’s NxT Digital will help it augment its offerings in the Internet of Things (IoT) space, one of the six white space growth opportunities that it has identified.

from Tech-Economic Times https://ift.tt/3vHZf24

Deepak Kori, Founder & Director at MilesWeb on the importance of having a website during crisis

To help businesses build and continue to flourish their online presence during the downturn, the founder also announced an exclusive offer that MilesWeb has come up with.

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

ETtech Explained: Government rules on WhatsApp & the controversy around it

WhatsApp has taken the Government of India to court, saying that India’s new IT rules violate the right to privacy of Indian users and called for the social media intermediary rules to be declared unconstitutional.

from Tech-Economic Times https://ift.tt/2QYezbQ

Downloads up by about five times over the past three days: Koo

Mayank Bidawataka, cofounder of Koo, says traction has been going up on the platform for the past three days

from Tech-Economic Times https://ift.tt/2SxSukU

Plea filed against Twitter for not complying with India IT rules

The petitioner, lawyer Amit Acharya, contended that the three-month period lapsed on May 25, but Twitter is yet to appoint a resident grievance officer to deal with complaints regarding tweets.

from Tech-Economic Times https://ift.tt/3wJivg3

Tata says acquired a majority stake in online grocery BigBasket

The Tata-BigBasket deal was struck by Tata Digital, which acquired 64.3% stake in the online grocery, Tata Sons says. The Competition Commission of India (CCI) had approved the acquisition in March this year.

from Tech-Economic Times https://ift.tt/3bZw6I4