Tech-Santhosh

Tech Companies investments in Upcoming Indian E-commerce Companies Here's your daily startup dose - * Insurance-tech startup # Plum  raised INR 7 Cr in seed funding round led by # Incubate Fund India * "#JioMart" is in talks to acquire # Milkbasket *  Unacademy  picked up majority stake in # Mastree  for $5 Mn * Group payments startup # goDutch  raised $1.7 Mn in seed funding round led by # Matrix Partners India * # Flipkart  raised $1.2 Bn from # Walmart  and others at $24.9 Bn valuation *  Ola Electric Mobility Pvt. Ltd.  CBO  Sanjay Bhan  quits * Healthcare VC fund  HealthQuad  raised INR 514 Cr for its second fund #dailystartupdose   #startup   #funding   #updates   #fundingnews   #venturecapital   #startups   #startupecosystem   #startupgrowth   #keepfollowing

Google  To Invest ₹33,737 Cr in  Jio  for 7.7% stake, declares world's 6th richest man, Mukesh Ambani in  Reliance Industries Limited  43rd AGM, virtually With this partnership,  #Google  will develop an android based software operating system Ambani says, "The Jio-Google partnership will make India 2G-mukt & accelerate migration of 350M Indians, who currently use a 2G feature phone to an affordable smartphone" Google wishes to shape  #India 's future, for the same it also announced plans to spend $10B over the next 5-7 yrs to accelerate the adoption of digital technologies One point to be noticed here is that, it is uncommon for the rivals # Facebook ,  & Google to come together for a common cause. What brings them together? Simply, the size of the India  #digital  opportunity! As the markets get saturated in the US & both the firms are banned in China, India becomes the next battleground Monetizing 300-400M new interne...

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