Flipkart, Binny Bansal and Sachin Bansal, as well as Tiger Global may get fined Rs 10,000 crore. Neobank Jupiter has raised $45 million from Brazil’s Nubank. Swiggy has tied up with Reliance BP Mobility for building an EV ecosystem.
Ola is likely to enter retailing of used cars, a segment that is growing fast as consumers look for affordable personal mobility amid the pandemic. The used car business will likely be called Ola Cars.
Uber posted $509 million loss in the April-June period, $150 million more than the first quarter. It spent a massive $250 million in driver incentive investment in the second quarter—which increased losses at its ride-hailing business.
Whether it’s managing the ads people see, adjusting sharing settings or curating an audience for posts, people shouldn’t have to think too hard about where to start, Facebook says.
Blisswater Industries — the maker of Indian craft vodka Rahasya — will use the funding to expand the brand’s retail and catering-industry presence in India and abroad, as well as for developing two more products.
Swiggy has also partnered with e-cycle maker Hero Lectro and the UK’s Fast Despatch Logistics for delivery using cargo e-cycles. Trials for the same have started in Bengaluru, New Delhi and Hyderabad.
The AbhiBus deal will help Ixigo consolidate its presence in Tier II/III/IV markets by “offering a multi-modal transportation experience” to the combined user base of nearly 255 million users.from Technology News, Latest Gadget Reviews, Gaming & Tech Videos | Times of India https://ift.tt/o3b1NzK
