Online fantasy sports a game of skill not chance
The Online Fantasy Sports sector, which has been growing at a compounded annual rate of 32%, is expected to touch $3.7 billion by the end of 2024, as per consultancy firm KPMG.
Online poker platform 9stacks signs Suresh Raina as brand ambassador
Raina will anchor the brand and help in creating a higher brand recall a...
Online beauty brand MyGlamm acquires POPxo
The deal is expected to reduce MyGlamm’s customer acquisition costs, which is one of the highest c...
Scripbox offers biometric authentication in pact with MinkasuPay
MinkasuPay offers a two-factor-authentication (2FA) mobile payment solution that leverages the power of smartphones and biometrics to eliminate friction. 2FA, as mandated by the RBI, helps increase the security of all digital transactions.
With RIL eyeing Netmeds deal, ePharmacy in for consolidation
Reliance's yet-to-be announced acquisition of Netmeds for an estimated $120 million is a catalyst for other players such as PharmEasy and Medlife to explore merger and acquisition negotiations.
Flipkart may consolidate Walmart's wholesale ops
The Bengaluru-headquartered company, in which Walmart bought 77% stake for $16 billion in 2018, is also in the process of relinquishing the space in Gurgaon used as headquarters by Walmart India, which runs 28 Best Price stores across India, with plans to relocate its employees to Bengaluru.
Etail user protection law will apply to online services like Ola, MMT and IndiGo also
The rules were only believed to be regulating large e-commerce marketplaces such as Flipkart, Amazon, Snapdeal and single-brand e-commerce portals such as those of H&M, Patanjali and Ikea.
Small cities help online beauty firms Nykaa, Sugar Cosmetics, others get their sheen back
Tier 2 and Tier 3 cities are largely driving the demand, as the lockdown has eased considerably there, while certain pockets in metros- where people are decking up for virtual events like Zoom parties and Instagram videos, are also seeing a spike in orders.
How logjam with China has hit Indian startups
Apart from Ant, SoftBank and SAIF Partners are currently the other large shareholders in One97 Communications with stakes of around 19% and 18% respectively. Paytm founder Vijay Shekhar Sharma holds around 14% in the company.
Paytm fires back at Google for ‘violating competition rules’
The trouble arose over a Paytm Cricket League contest unveiled on Friday morning, which allowed users to win stickers featuring their favorite cricket players and then win cash for every five stickers collected.
Google takes down Paytm from Play Store
Google said it has these policies to protect users from potential harm, and when an app violates these policies, they notify the developer of the violation and remove the app from Google Play until the developer brings the app into compliance.
MakeMyTrip announces foray into UAE
The new market entry will be led by an engaging marketing campaign in India and the UAE as MakeMyTrip partners with Royal Challengers Bangalore (RCB), Mumbai Indians (MI) and Chennai Super Kings (CSK), the company said in a statement.
Flipkart allows PhonePe rival Paytm at checkout
Both platforms have had their share of taking digs at each other in public, with the most recent one being the Yes Bank moratorium scare in March when PhonePe was unavailable for nearly 24 hours.
Social media users troll WhiteHat Jr ads for overexposure
The constant exposure to advertisements by WhiteHat Jr, which teaches coding to school students online, has turned into a nuisance, users have pointed out in the most creative of ways across social networks, but predominantly on Twitter.
Fantasy gamers' e-spends may hit $1 billion
The fantasy gaming market saw 167% growth in the contest entry amount (CEA) to Rs 16,500 crore in FY20, according to a report by industry body FIFS with KPMG, on the back of World Cup and IPL last year.