Xiaomi, the Chinese electronics giant, has been in India for nearly seven years now, and the company’s fortunes have seen tremendous growth in that time, from a humble start-up to becoming one of the most popular smartphone brands in the country. But it looks like Xiaomi’s shine may be slowly starting to dim — at… Continue reading Is Xiaomi’s shine dimming in India?
Category: indian
Daily Crunch: Sources say Times Internet plans to sell Indian streaming platform MX Player to Amazon
The streaming wars are heating up in India. Sources close to the matter are reporting that Times Internet, the digital arm of The Times Group, plans to sell its streaming platform, MX Player, to Amazon. The potential deal is estimated to be worth several hundred million dollars and would see Amazon acquiring one of India’s… Continue reading Daily Crunch: Sources say Times Internet plans to sell Indian streaming platform MX Player to Amazon
Indian social media app Slick exposed childrens’ user data
The India-based social media app Slick has recently come under fire after it was revealed that its security protocols were not sufficient to protect the personal data of its users. Slick is a mobile app that was designed to give children ages 9-16 an introduction to the world of social media in a safe and… Continue reading Indian social media app Slick exposed childrens’ user data
Indian fintech KreditBee nears $700 million valuation in new funding
In a recent development, Indian fintech KreditBee is one of the hottest startups in town, nearly hitting a $700 million valuation in its latest funding round. The startup, backed by several investors, has raised a total of over $120 million in the past year. KreditBee is a digital lending platform that offers personal loans, including… Continue reading Indian fintech KreditBee nears $700 million valuation in new funding
Indian fintech Money View valued at $900 million in new funding
Indian fintech startup Money View has just gotten a valuation of $900 million following its latest round of funding. The fintech, which focuses on personal finance, was able to raise $100 million from Sequoia Capital India, DST Global, Saif Partners, and several other venture capital firms. Money View was founded in 2013, and with the… Continue reading Indian fintech Money View valued at $900 million in new funding
Netflix’s ‘Wednesday’ is the second most popular English-language series, with 1.02B hours viewed
Netflix has once again established itself as an industry leader, achieving a major streaming success with their Indian original series “Wednesday”. The series, released on March 24th, topped Netflix’s watchlists and has now become their second most popular English language series, with 1.02 billion hours viewed. The first place spot is held by the British… Continue reading Netflix’s ‘Wednesday’ is the second most popular English-language series, with 1.02B hours viewed