While it is being speculated that Walmart may retain the top management of the company after the acquisition goes through, it is also being said that the two founders — Sachin Bansal and Binny Bansal — are looking to sell their entire stake in the company. … [Read more...] about Flipkart buys back shares worth $350 mn; Shekhar Kirani, IDG Ventures exit the firm
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The Serum Institute of India, the world's largest vaccine maker by volume, has partnered with AstraZeneca, the Gates Foundation and the Gavi Alliance to produce more than a billion doses of the vaccine for global supply. 40 million of those doses are already manufactured and the distribution will begin once regulatory approval comes in. … [Read more...] about Oxford-AstraZeneca vaccine: Serum Institute chief says India could approve emergency use by December 2020
WhatsApp is the Indian equivalent of China’s “super-app” WeChat—used for messaging, shopping and even hailing rides—at least in terms of its reach as a messaging platform. So, if you are chatting with a friend and she reminds you to settle the bill for a meal you had at a restaurant, all you have to do is click ‘Pay’, enter the amount and UPI pin and money will be sent to your friend. … [Read more...] about Explained | WhatsApp Payments goes live in India, what does this mean for the ecosystem?
The one advice I’ve always given leaders and even those who want to build their own ventures is to surround yourself with mission-oriented individuals who feel passionately for the problem you are solving. This is something that was advised to me when I was starting up and it has proved to be extremely helpful for me in building Oyo. … [Read more...] about Like A Boss I Don’t like me? That’s ok. We can still happily co-exist if there’s respect: Oyo’s Ritesh Agarwal
ICICI Bank has launched 'Cardless EMI' facility for its customers. This facility is an entirely-digital mode of payment at leading retail stores. This 'Cardless EMI' allows customers to buy any product like gadgets, home appliances just by using their mobile phone and PAN in lieu of wallet or cards. … [Read more...] about ICICI Bank launches ‘Cardless EMI’ facility: All you need to know