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Seven months into TikTok ban, ByteDance to "scale back" India workforce

TMT

27 January, 2021

Seven months into TikTok ban, ByteDance to "scale back" India workforce

Beijing-headquartered internet conglomerate ByteDance on Wednesday said it would “scale back” its workforce in India, nearly seven months after its ......

Dailyhunt amasses $100 mn from Google, others for short-video push

TMT

22 December, 2020

Dailyhunt amasses $100 mn from Google, others for short-video push

VerSe Innovation Pvt. Ltd, the parent of online news and content platform Dailyhunt, has raised over $100 million (Rs 739.12 ......

Twitter-backed ShareChat nets $40 mn to boost short video platform Moj

TMT

24 September, 2020

Twitter-backed ShareChat nets $40 mn to boost short video platform Moj

Mohalla Tech Pvt. Ltd, which operates social networking and content platform ShareChat, has raised $40 million (Rs 295.70 crore at ......

How a marked-up term sheet and messy rollout threw TikTok deal into disarray

TMT

24 September, 2020

How a marked-up term sheet and messy rollout threw TikTok deal into disarray

As China's ByteDance raced to seal a deal with Oracle Corp and Walmart Inc to keep its video-sharing app TikTok ......

KKR raises over $11 bn for fourth Asia fund

Finance

16 September, 2020

KKR raises over $11 bn for fourth Asia fund

Private equity powerhouse KKR & Co has raised over $11 billion after the first close of its fourth Asia-focused fund, ......

Grapevine: Silver Lake to invest in Reliance Retail; SoftBank eyes TikTok India

General

04 September, 2020

Grapevine: Silver Lake to invest in Reliance Retail; SoftBank eyes TikTok India

Private equity firm Silver Lake is looking to invest close to $1 billion (Rs 7,342 crore) in Mukesh Ambani’s Reliance ......

Govt bans 118 more Chinese apps including Tencent's PUBG

TMT

02 September, 2020

Govt bans 118 more Chinese apps including Tencent's PUBG

India on Wednesday banned another 118 mobile apps including Tencent Holdings's popular videogame PUBG, as it stepped up the pressure ......

Walmart to join hands with Microsoft to bid for TikTok's US biz

TMT

28 August, 2020

Walmart to join hands with Microsoft to bid for TikTok's US biz

Walmart Inc said it was joining Microsoft in a bid for social media company TikTok's U.S. assets, revealing its plans hours ......

Nexus Venture, top angel investors back social video platform Mitron

TMT

18 August, 2020

Nexus Venture, top angel investors back social video platform Mitron

Mitron TV Pvt. Ltd, which operates an eponymous social video platform, has raised $5 million (Rs 37.41 crore at current ......

Grapevine: Reliance eyes TikTok India, deal with Aramco hits valuation hurdle

General

13 August, 2020

Grapevine: Reliance eyes TikTok India, deal with Aramco hits valuation hurdle

Reliance Industries Limited (RIL) is evaluating the possibility of investing in the India operations of banned Chinese video platform TikTok, ......