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January 2, 2024
Rakesh Deshmukh: Deshmukh, along with IIT Bombay alumni Akash Dongre and Sudhir Bangarambandi, founded Indus OS in 2013. Through its marketplace App Bazaar, the platform allows users to discover and access mobile applications in their own language.
January 2, 2024
Deshmukh, along with IIT Bombay alumni Akash Dongre and Sudhir Bangarambandi, founded Indus OS in 2013. Through its marketplace App Bazaar, the platform allows users to discover and access mobile applications in their own language.
July 29, 2022
Fintech giant PhonePe has finally announced the acquisition of Indus OS’ parent OSLabs after buying investor Affle’s entire stake at premium.
April 14, 2022
The Singapore High Court has dismissed appeals filed by Affle, challenging the acquisition of Indus OS by Flipkart-owned PhonePe.
June 12, 2021
Read more about PhonePe files complaint with Sebi against Ventureast Fund over OSLabs deal on Business Standard. PhonePe says Ventureeast sold shares to Affle in a side deal while engaging on the sale of same shares in favor of PhonePe
May 19, 2021
PhonePe to acquire home-grown mobile platform Indus OS: Report PhonePe to acquire home-grown mobile platform Indus OS: Report By:Abhishek Malhotra, The Mobile Indian , New Delhi Last updated : May 19, 2021 4:43 pm Advertisement Indus OS is all set to be acquired by PhonePe, the Walmart-owned digital payments platform. This transaction will help PhonePe in adding more applications under its PhonePe switch feature that aggregates various other applications under i...
May 19, 2021
Indian payments firm PhonePe to acquire IndusOS for $60m Photo: Pixabay May 19, 2021 Bengaluru-based payments major, PhonePe is in final stages to acquire homegrown app store IndusOS for a cash-deal worth $60 million, according to two individuals aware of the discussion. The acquisition will give an exit to IndusOS’s existing investors including Omidyar Network, Samsung Ventures, VenturEast among others, with the final terms of the deal to be finalised over the course of next month, said one ...
May 13, 2021
Indus App Bazaar curates apps on its store to keep people informed about the COVID situation Indus App Bazaar curates apps on its store to keep people informed about the COVID situation Advertisement Indus App Bazaar announced that it has curated a special category of featured apps under ‘COVID-19 Resources’ to equip people with the right information around solutions to tackle the ongoing pandemic. The category includes apps like 1 mg, Practo, BigBasket, Country Delight, Bajaj Finserv Healt...
April 14, 2021
Indus App Bazaar April monthly collection brings ‘Stay At Home’ apps Indus App Bazaar April monthly collection brings ‘Stay At Home’ apps Advertisement Indus App Bazaar has come out with a new collection of apps to help users stay informed and entertained at home. Themed around ‘Stay at Home’, the new pool of content includes apps across various categories like apps providing verified Covid-19 information, shopping entertainment, education, delivery, games, news, fitness, and paym...
March 17, 2021
Indian industry snubbed Google Play’s decision to cut by half its commission for developers when they make $1 million in annual revenue for in-app purchases, saying the US tech giant may continue its "abrasive & monopolistic abuse" as it owns the Android system. Google Play said Tuesday that beginning July 1 it would slash its 30 per cent billing fee to 15 per cent for developers globally when they make the first $1 million of their annual revenue. "When we are forced to use a payment syst...