Manish Singh
Puneet Chandok, the head of AWS in India and South Asia, has resigned, according to two sources familiar with the matter, a surprise move just weeks after the cloud giant pledged to invest over $12 billion in India by 2030.
Chandok, who served as the President of AWS India...
Some high-profile venture capital and private equity firms are slashing the valuation of their holdings.
Some high-profile venture capital and private equity firms are slashing the valuation of their holdings, causing billions in apparent profits to evaporate as the economic downturn undermines the sustained growth of the last 13...
Fidelity, the lead investor in Reddit’s most-recent 2021 funding round, has slashed the estimated worth of its equity stake in the popular social media platform by 41% since the investment, the latest high-profile write-down amid a weakening worldwide economy on public markets.
Fidelity Blue Chip Growth Fund’s stake in...
India’s health ministry has unveiled stringent guidelines for on-demand video streaming services, necessitating warnings about smoking and the use of other tobacco products when such activities are portrayed on screen. The new regulations, termed as the Cigarettes and other Tobacco Products Amendments Rules, 2023, will come into effect...
Coupang doesn’t plan to enter the Indian market, the company said, refuting a local media report that claimed that the South Korean e-commerce firm had expressed interest in entering the South Asian nation.
“Coupang has no plans to enter the Indian market,” a company spokesperson told TechCrunch in a...
Blackrock, a minority investor in Byju’s, has yet again cut the valuation of its holding in the Bengaluru-based startup, this time to about $8.4 billion, even as the most Indian valuable startup continues to raise capital at a better price.
Blackrock cut the value of Byju’s share by 62%...
India’s JioCinema broke the global record for the most concurrent views to a live streamed event on Monday, beating a milestone set by Disney’s Hotstar years ago, as tycoon Mukesh Ambani spares no expense in expanding his digital empire.
The Indian streaming app, whose partner includes James Murdoch’s Bodhi...
JioCinema, the affordable on-demand video streaming service rival to Netflix and Disney’s Hotstar in India, will soon be the home for “The Office” and other NBCUniversal titles.
The Viacom18 streaming service said on Monday said it has signed a “multi-year” partnership with NBCUniversal to bring “thousands of hours” of...
Krafton’s Battlegrounds Mobile India, the once chart-topping mobile game in the South Asian market, is now available to download on Android nearly a year after being ousted due to national security concerns.
The South Korean developer said on Monday that BGMI is returning with version 2.5 update, which features...
Info Edge, the largest shareholder in Bizcrum Infotech, the holding firm of Bijnis, has written off its entire investment in the Indian startup, citing “principles of conservatism and prudence,” in the latest drastic market correction in the fast-growing South Asian ecosystem grappling with the weakening global economy.
The publicly...
