Over the next five years, China's smartphone maker Nubia will invest $100 million in India in mobile technology startups and to forge partnerships with local content creators as part of its strategy to build an ecosystem around its products in India. It also plans to start production in India soon....
Amazon Video and Netflix Vie for India Market
With 460 million Internet users, India is a huge market that is driven by a strong demand for viewing locally generated content. According to KPMG India, U.S. and western programming commands a 0.5 percent viewership share on Indian television, compared to over 60 percent for domestic entertainment. Likewise, Hollywood and...
Amazon Brings its Startup Program to India
Amazon brings its global startup program Launchpad to India. The India Launchpad portal has products from over 400 startups, of whom 25 are India-based. The company has partnered with trade body Nasscom, the Government of Maharashtra, the Indian Angels network, and venture capitalists to help startups on policy and financial...
Ducere Pioneers Smart Shoes for the Blind
Headquartered in India's southern city of Hyderabad, Ducere Technologies' Le-chal (Colloquial Hindi: take me along), the world's first interactive haptic footwear, gives vision to millions of visually challenged across the world to navigate through the sense of touch. Founded in 2011 by electrical engineers Anirudh Sharma, a graduate of the...
Amazon Inks Licensing Deals For Two India Movies
Prior to launching its Prime Video Service in India, Amazon signed a deal with Bollywood banner T-Series for its upcoming films, including the Bollywood remake of Jon Favreau's Chef. The Hollywood Reporter says that this is the second such deal struck by Amazon which is aiming to augment its local...
Amazon Exploring Growth Opportunities in India
Amazon India is avidly looking for future avenues of growth. Having committed to investing $3 billion into India , Amazon is now planning to convert its subsidiary Junglee into a platform for buying and selling second hand products. A study by the Associated Chambers of Commerce of India found that...