Indian EV ride-hailing startup BluSmart appears to have suspended service a day after regulators launched a probe into Gensol, which shares its co-founders
clean energy experts Vidhi Taparia / Fortune India : BluSmart halts services amid Gensol crisis; Sebi action, funds crunch casts shadow on EV ride-hailing startup Prashant Tamta / DNA India : BluSmart...
Twitter and Facebook's ban on Trump is not censorship, and demanding clear rules for social media moderation is “stupid” because the context is always changing
every case is different. https://www.techdirt.com/... And inciting an attack on your own government that leaves five people dead is a far graver assault on free speech than anything you're complaining...
Uber buys food delivery service Postmates for $2.65B in an all-stock deal
I met Bastian Lehman, CEO and co-founder … Kari Astillero / Micky : Uber confirms $2.65 billion all-stock purchase of Postmates Bhumika Khatri / Inc42 Media : Daily Tech Briefing: Paytm Solidifies Ins...
Indian startups are deferring IPO plans, cutting investment round sizes, and accepting unfavorable bridge rounds with compressed valuations amid the pandemic
Aditi Shrivastava / The Economic Times :
Uber sold Uber Eats in India to Zomato for $206M, instead of $350M as previously reported, in return for a 9.99% stake, lowering Zomato's ~$3B valuation
Aditi Shrivastava / The Economic Times :
Bangalore-based OkCredit, which allows small business owners to record financial transactions digitally, raises $67M Series B led by Lightspeed and Tiger Global
Aditi Shrivastava / The Economic Times :
eBay picks up a 5.5% stake in Paytm Mall to open up its global inventory to ~130M+ users on Paytm platforms; sources say the deal is valued at ~$150M
Aditi Shrivastava / The Economic Times :
Pratilipi, a platform that enables users to read, write, and listen to stories in Indian languages, raises $15M Series B led by Qiming Venture Partners
Aditi Shrivastava / The Economic Times :
Indian ride-hailing company Ola to launch a car rental service in the coming weeks; sources: Ola will invest more than $500M in the service
Aditi Shrivastava / The Economic Times :