Tata_Teleservices’

Bharti Airtel All Set to Acquire Tata Teleservices’ Mobile Business: Report

Airtel to buy Tata Teleservices’ Mobile Business. India’s largest mobile service provider Bharti Airtel is all set to acquire Tata Teleservices' losing making mobile business. Although the acquisition will be done on a debt-free cash-free basis, but this still marks one of the biggest deals in Indian telecom history and also Tata’s unceremonious exit from mobile…

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Bitcoin

Bitcoin Price Hits Lifetime High – Smashes Above $5,100 Barrier

Bitcoin price soars to lifetime high. Bitcoin’s price soared to an all-time high on Thursday as global investors continue to pour money in the popular cryptocurrency. Bitcoin price touched $5,167.90 in early trade on Thursday, according to data furnished by industry website Coindesk. With today’s record breaking trading, the popular cryptocurrency surpassed the previous high of…

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Sodexo partners with Grofers to ameliorate the process of payment on delivery

Sodexo, the leader in employee motivation & benefits services, today announced an innovative solution in partnership with Grofers. Employee motivation and benefits service provider, Sodexo, has launched an IVR-based payment solution that will facilitate users having Sodexo Meal Cards to pay for groceries and other food items on delivery. 3 million daily users benefit from Sodexo meal…

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Ola raises $1.1 billion led by Tencent to pump its ride-hailing war with Uber

India' largest ride-hailing service and San Francisco-headquartered Uber's prime competitor Ola has raised $1.1 billion from Chinese composite organization Tencent, Japan's Softbank and a few other existing investors. This is the largest funding round since the company's kickoff in 2010. This is the first major raise since November 2015 when the online transportation network company…

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Petuum

AI Startup Petuum Secures $93 million from SoftBank & Other Investors

AI Startup Petuum grabs $93 million funding. Pittsburgh  based startup Petuum, which aims to offer companies with tools they need to deploy  artificial intelligence (AI) solutions, announced today that it has raked up whopping $93 million from investment giant SoftBank. Advantech Capital and other investors also participated in what was series B round for Petuum. The company’s…

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Bajaj Finserv partners with MobiKwik to launch its wallet for fintech lending

Bajaj Finserv and digital wallet provider have entered into a strategic partnership with MobiKwik to launch Bajaj Finserv Wallet, a platform that will offer fintech lending services like purchase finance, credit card, mortgage loans and personal loans along with insurance products. A few weeks ago, Bajaj Finserv invested around $35 million in MobiKwik to acquire a stake…

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