Google, Facebook, Twitter, YouTube, WhatsApp, Amazon…are all familiar names to millions in India who use the Internet mostly on their smartphones. This number is expected to reach 168 million this year with 277 million Internet users in all, predicts research firm eMarketer. The New York Times reports that India already...
Where Will Amazon’s Biggest Market outside U.S. Be?
Retail giant Amazon is planning to invest $5 billion to turn India into its biggest market outside the U.S., the Economic Times reports. Amazon has completed two years in India, where its business is now worth at least $2 billion in gross merchandise value on the e-commerce side, and includes...
Startup BankBazaar Scores a $60 million Series C Led by Amazon
Virtual financial marketplace, BankBazaar, raised a $60 million Series C led by Amazon, with participation from Fidelity Growth Partners, Mousse Partners, and returning investors Sequoia Capital and Walden International reports Tech Crunch. With this investment, Amazon enters the online personal finance market. Located in Chennai in the southern state of...
Google, Amazon Expect to Spike Sales in India
Internet Multinational Companies are growing fast in India. Last month, Google announced the setting up of its largest campus outside the U.S., in Hyderabad, India. The 2 million square feet facility — the first company owned premises in Asia — is expected to house 13,000 employees when it’s ready in...
Twitter Acquires Indian Mobile Startup
Twitter Inc., has announced it will acquire Indian mobile phone marketing start-up ZipDial as the U.S. microblogging service looks to expand in the world's second-biggest mobile market. The deal is said to be in the region of $30 million. One of the founders of ZipDial is California-born Valerie Wagoner who...
Indians Pre-Order Sandwiches in Advance of Burger King Opening!
Burger King was yet to open its first outlet in the country, yet over 1,200 Indians had already pre-ordered the chicken, mutton or veggie versions of its Whopper sandwich for 128 rupees (just over $2) each. Online shoppers then collected their orders in a separate line when the store opened...