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PhonePe, owned by Walmart Inc., launches Indus Appstore, a new Android-based mobile application store in India to compete with Google's Play Store. The store offers over 200,000 apps and games in 12 Indian languages with no listing fees for developers until 2025.
General Atlantic has poured another $100 million in PhonePe, three months after leading a $350 million investment in the Indian fintech startup that has so far
Over the past week, numerous multinational corporations have been involved in fundraising activities to support their future projects. Additionally, Byjus, the prominent Indian edtech company, has faced escalating crises, while the CEO of Alibaba has been removed from his position. In this article, we will provide a recap of some of the most significant events that occurred in the business world over the past week. Byju's Board Members Resign Byju's, the leading edtech company in India, has experienced a significant
According to a recent announcement made by Amazon CEO Andy Jassy, the company plans to increase its investments in India to $26 billion by 2030. This new