Xiaomi has completely redefined the Indian market, first by creating value-for-money yet powerful smartphones and then branching out with successful sub-brands like Redmi a formula that new entrants are now adopting and building their presence on, Manu Jain, Managing Director, Xiaomi India, and Vice President, Xiaomi said here on Wednesday.
As the online food delivery market in India goes hyper-competitive, Uber Eats, which is yet to create a significant mark on the Indian palette, is now eyeing young professionals in metros and joint families in smaller towns to increase its footprint.
Samsung Venture, the venture capital arm of Samsung Group, said on Wednesday that it has invested $8.5 million across four startups in India, marking its debut in the country.
Sanjay Kaul, former country manager of Apple India, has launched his startup, Sofyx — a social commerce platform for general traders dealing in smartphones and accessories. Kaul is supported by co-founder Mukesh Kachroo, former CTO of US-based Gain Capital Group, according to a statement on Tuesday.
Amazon has faced flak for grueling standards it set for its employees from time to time and the first job listing now doing the rounds on social media has revealed that the founder of the company, Jeff Bezos, always sought only the best.
Airbnb had an estimated direct economic impact of around $150 million (over Rs 1,035 crore) in India in 2018 as per its survey, the online accommodation platform major said on Monday.
With an aim to help small and medium businesses (SMBs) scale up their operations, Facebook on Wednesday announced partnerships with venture capital (VC) funds in the country.
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