Friday, May 29, 2020

Flipkart owner not surprised by Facebook's Jio investment

Last month, Facebook had bought 9.9% stake in Jio Platforms for Rs 43,574 crore, making it the largest minority shareholder in the holding firm of Reliance Industries' digital businesses including Reliance Jio Infocomm. https://ift.tt/2MhRbjv https://ift.tt/eA8V8J

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India announces a new $1.15B Fund of Funds for startups with an "expanded scope" compared to previous initiatives, and extends tax benefits for startups (Manish Singh/TechCrunch)

Manish Singh / TechCrunch : India announces a new $1.15B Fund of Funds for startups with an “expanded scope” compared to previous initiat...