Page 6 - Sofina Group News Today

Indian TikTok clone gets Google, Microsoft backing in $100 million fund raise BENGALURU (Reuters) - The parent of a TikTok copycat from India has raised more than $100 million from investors including Alphabet Incs Google and Microsoft, months after the Chinese-owned short-video app was banned in the country. The app, Josh, is one of several home-grown short-video platforms that have sprung up since India blocked the wildly popular TikTok in June amidst a border crisis with China, attractin...

Article content BENGALURU — The parent of a TikTok copycat from India has raised more than $100 million from investors including Alphabet Inc’s Google and Microsoft , months after the Chinese-owned short-video app was banned in the country. The app, Josh, is one of several home-grown short-video platforms that have sprung up since India blocked the wildly popular TikTok in June amidst a border crisis with China, attracting global investor interest in applications filling the gap. We apologi...

Indian TikTok clone gets Google, Microsoft backing in US$100 million fund raise Toggle share menu Advertisement 22 Dec 2020 02:05PM Share this content Bookmark BENGALURU: The parent of a TikTok copycat from India has raised more than US$100 million from investors including Alphabet Incs Google and Microsoft, months after the Chinese-owned short-video app was banned in the country. The app, Josh, is one of several home-grown short-video platforms that have spr...

InMobi’s Glance turns unicorn in less than 2 years The Google strategic investment also allows Glance to seek deeper integrations with the Android ecosystem, worldwide. (InMobi/LinkedIn) Share Via Read Full Story Mobile-advertising entity, InMobi has seen a second unicorn emerge from its group, as its lock screen platform subsidiary, Glance has raised $145 million in a primary investment round from Google and existing investor Mithril Capital. Two individuals aware of the deal, saidthat the ...

Stay isolated in room during domestic, international layovers: Air India to crew New strain of coronavirus: Air India has directed its crew laying at all domestic and international stations to remain isolated in their allocated rooms. (AP) . Updated: 22 Dec 2020, 07:18 AM IST ANI New strain of Covid: Air India has directed its crew laying at all domestic, international stations to remain isolated in their allocated rooms The Civil aviation ministry banned all flights arriving from the United...

BW Businessworld VerSe Innovation Raises Over USD 100mn From AlphaWave, Google And Microsoft VerSe Innovations proprietary technology platform also powers various technology solutions including over 300 million users on Dailyhunt to consume content in their local language. Photo Credit : VerSe Innovation, which runs Dailyhunt and short video app Josh, on Tuesday said it has completed an over USD 100 million (about Rs 739 crore) fund raising round from AlphaWave, Google and Microsoft. Existing ...

Govt invites bids for sale of its 63.75% stake in Shipping Corporation The government has invited bids for its entire stake in the Shipping Corporation of India, paving the way for yet another privatisation of a state-owned company after BPCL. The interested buyers will have to submit an expression of interest to acquire the government’s 63.75 per cent stake in the shipping company by February 13, 2021. Buyers can submit their queries to transaction adviser by January 23, said the preliminar...

Dec 23 2020, 6:29 PM December 22 2020, 12:46 PM December 23 2020, 6:29 PM (Bloomberg) -- Google investments helped create India’s two youngest technology unicorns: a pair of startups that feed personalized news and entertainment to the world’s fastest-growing smartphone population. (Bloomberg) -- Google investments helped create India’s two youngest technology unicorns: a pair of startups that feed personalized news and entertainment to the world’s fastest-growing smartphone...

India govt opens bids to sell majority stake in Shipping Corp of India At current stock prices, SCIs total market value is about ₹4,000 crore 1 min read The government said the deadline for submitting initial bids would be February 13. Share Via Read Full Story The Indian government today invited bids to sell its 63.75% stake in Shipping Corporation of India (SCI) to a private investor, in a key asset sale that was delayed due to the coronavirus pandemic. In a statement on Tuesday, the gover...

HC allows Amazon to oppose FRL-RIL deal A file photo of Amazon founder and CEO Jeff Bezos. (AP) Share Via Read Full Story The Delhi high court permitted Future Retail Ltd (FRL) to proceed with the sale of its assets to a unit of Reliance Industries Ltd (RIL), leaving it to regulators to decide the fate of the deal, while allowing Amazon.com Inc. to approach appropriate forums to oppose the transaction. In its ruling on Monday, a single-judge bench of the Delhi high court said the ₹24,713-cr...