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Ola Electric once again delayed the delivery of electric scooters citing chip shortages

The delivery of Ola Electric's electric scooter has now been delayed by two weeks to a month, amid the global chip shortages.

Tamil naduSamyukta lakshmi bloombergAther energyBhavish aggarwal ledOla electricYola campusHero electricFuture factory

Berkshire Hathaway, Other Foreign Firms to See Payoffs From India s Fintech Revolution

China's transformation from a financial-technology backwater into a $46 trillion-a-year global leader in digital payments left most international

United statesNew delhiAnindito mukherjee bloombergSamyukta lakshmi bloombergRaghav maliahRahul satijaVijay shekhar sharmaSajith sivanandanPaytm sharmaAnuj kapoorNitu goreVivek belgaviAsia pacificGoldman sachs group incGoldman sachsEquitas small finance bank

Ambani Sold a Tech Dream for $27 Billion Now He Has to Deliver

Ambani Sold a Tech Dream for $27 Billion. Now He Has to Deliver Bloomberg 12/29/2020 Anto Antony, P R Sanjai and Saritha Rai (Bloomberg) Mukesh Ambani spent much of 2020 convincing Facebook Inc., Google and a clutch of Wall Street heavyweights to buy into his vision for one of the world’s most ambitious corporate transformations. Now flush with $27 billion in fresh capital, Asia’s richest man is under pressure to deliver. © Photographer: Prodip Guha/Getty Images AsiaPac Entertainment India January Mukesh Ambani in Mumbai in January. Photographer: Prodip Guha/Getty Images The 63-year-old Indian tycoon is focused on a handful of priorities as he tries to turn Reliance Industries Ltd. from an old-economy conglomerate into a technology and e-commerce titan, according to recent public statements and people familiar with the company’s plans.

Saudi arabiaSaudi arabianJames crabtreeKavil ramachandranBloomberg mukesh ambaniSamyukta lakshmi bloombergJeff bezosFacebook whatsappMark zuckerbergInfosys nilekaniWijngaert bloombergMukesh ambaniDhiraj singh bloombergSundar pichaiNarendra modiProdip guha getty

Ambani Sold a Dream for $27 Billion Now He Has to Deliver

Ambani Sold a Tech Dream for $27 Billion. Now He Has to Deliver Bloomberg 12/29/2020 Anto Antony, P R Sanjai and Saritha Rai (Bloomberg) Mukesh Ambani spent much of 2020 convincing Facebook Inc., Google and a clutch of Wall Street heavyweights to buy into his vision for one of the world’s most ambitious corporate transformations. Now flush with $27 billion in fresh capital, Asia’s richest man is under pressure to deliver. © Photographer: Prodip Guha/Getty Images AsiaPac Entertainment India January Mukesh Ambani in Mumbai in January. Photographer: Prodip Guha/Getty Images The 63-year-old Indian tycoon is focused on a handful of priorities as he tries to turn Reliance Industries Ltd. from an old-economy conglomerate into a technology and e-commerce titan, according to recent public statements and people familiar with the company’s plans.

Saudi arabiaSaudi arabianJames crabtreeKavil ramachandranBloomberg mukesh ambaniSamyukta lakshmi bloombergJeff bezosFacebook whatsappMark zuckerbergInfosys nilekaniWijngaert bloombergMukesh ambaniDhiraj singh bloombergSundar pichaiNarendra modiProdip guha getty

Google, Thiel Funding Helps Harvard Alum Score a Second Unicorn

Google, Thiel Funding Helps Harvard Alum Score a Second Unicorn Bloomberg 12/22/2020 Saritha Rai (Bloomberg) Glance, a mobile content platform from the founder of India’s earliest unicorn, has reached a valuation of over $1 billion after completing a funding round that was led by Google, according to people with knowledge of the matter. The Alphabet Inc. unit and billionaire Peter Thiel’s Mithril Capital invested $145 million in the 18-month-old startup, whose app uses artificial intelligence to curate a personalized feed of entertainment, news, sports scores and video game content and push it to phone lock screens, according to a statement. Mithril had earlier invested $45 million into Glance, taking the total funds raised by the startup to $190 million.

United statesPeter thiel mithrilSamyukta lakshmi bloombergNaveen tewariHarvard business schoolSamsung electronics coXiaomi corpAlphabet incIndian institute of technologyPeter thielMithril capitalRival roposoApp booms withAdded every hour since tiktokBloomberg interviewGlance digital experience pvt

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