Page 3 - Deepsekhar Choudhury

Market does not appreciate ambivalence: Nazara CEO Manish Agarwal

In a Q&A, he dwells on his company's journey the past one year, the gaming market in India and the company's future plans

BharatPe FY22 revenue grew four-fold to $100 mn, monthly cash burn at $4 mn

The fintech unicorn said its annualised TPV has grown 2.5x over the year-ago period to $16 billion at the end of the March quarter

FIFS, Meta compile user manual for fantasy sports platforms in India

The guide gives an insight into what exactly a fantasy sport is--game of skill that's distinct from various similar formats and is not related to betting, gambling or wagering

Coinbase is in India for the long-term: CEO Brian Armstrong

Announces UPI-backed crypto trading for Indian users

Paytm CEO will get stock grants once market cap recovers to IPO levels

'We should be operating Ebitda-break-even in the next six quarters, well ahead of estimates by most analysts,' Vijay Shekhar Sharma wrote

Microblogging platform Koo enables Aadhaar-based self-verification

This makes Koo first 'significant social media intermediary'--defined by govt as a platform with over 5 mn users--to enable this feature

Office space leasing up 25% at 11 msf in March quarter: Knight Frank

Bengaluru remained the biggest market with total office space leasing of 3.5 msf of office space, followed by Delhi-NCR which recorded 2.3 msf of gross leasing in the first three months of 2022

Crypto platform Leap raises $3.2 mn in funding from CoinFund, Pantera

The next-generation crypto wallet allows users to transact on the Terra blockchain

Will explain to CCI that we are not anti-competition, says Zomato

Competition watchdog to probe Swiggy and Zomato for alleged unfair practices with respect to pricing and listing of restaurants on their platforms

Stage set for PE majors to make a splash in India's tech startup gold rush

Indian tech startup ecosystem has attained a threshold of maturity in the last few years which makes it attractive for large PE players

First close of Venture Catalysts-backed Beams Fintech Fund at Rs 270 cr

Beams has a target corpus of $100 million; will primarily back fast-growing fintech firms in their Series B & C rounds

Trell in final stages of selling stake in AppsForBharat in $8-9 mn deal

AppsForBharat is a spiritual content platform founded by Prashant Sachan, one of the co-founders of Trell, who left the social commerce company at the end of 2020

Gaming studio Bombay Play raises $7 mn in Series A funding led by Kalaari

With the capital raised, the company plans to invest it in scaling its existing 'hypersocial' game offerings, supporting upcoming projects while also devoting a sum towards innovation in the segment

As EVs catch fire, lithium ion batteries remain at the heart of the problem

If not managed properly, the lithium ion cells used in electric vehicles can become overheated and cause fires

Paytm parent's related party transactions with Paytm Payments Bank approved

While 72% of all votes polled were favoured the resolution, almost 67% votes on account of public institutional investors were against

Brookfield, Bharti enter into real estate JV with Rs 5,000-cr deal

Brookfield, a private real estate fund, will purchase a 51 per cent stake from Bharti Enterprises of four properties totalling 3.3 million square feet

Housing sales up 71% YoY in March quarter, highest since 2015: Anarock

Approximately 99,550 units sold across the top 7 cities in Q4, according to data from real estate consulting firm

Wiz Freight raises Rs 275 cr in Series A round from Tiger Global, Axilor

Investment in supply chain start-up marks the largest Series A funding in Indian logistics sector.

Paytm starts buy-now pay-later service for train ticket booking via IRCTC

Company's lending business scaled to 4.1 million loan disbursals in the first two months of the March quarter.

You can now listen to WhatsApp voice messages before hitting send

Messaging platform WhatsApp announces slew of new features to make voice notes more dynamic on the platform, says seven billion voice messages are sent on platform every day