Four companies bid a total of $19 billion at India’s 5G spectrum auction, and acquired 71 per cent of a total 72GHz spectrum on offer. Reliance Jio bagged more than half of the total spend to secure airwaves worth $11 billion. Jio is currently India's largest telecom provider. Bharti Airtel acquired...
Venture Capital Inflows Rise 40% in India
Vaibhav Agrawal, partner at the India subsidiary of CA-based Lightspeed Venture Partners, outlines three reasons why so much venture capital is flowing into Indian companies A noticeable improvement in India’s infrastructure has enabled startups to create more value and scale up their businesses quicker. The pandemic shifted a lot of...
Warren Buffet Makes First Investment in India
Omaha, Nebraska headquartered Berkshire Hathaway has taken a stake in Paytm, India’s largest digital payments company. Berkshire will buy 3 percent to 4 percent of Paytm’s parent company One97 Communications, in a deal that values the target at more than $10 billion. One97, founded by billionaire Vijay Shekhar Sharma, runs...
India and China to Drive Global Vascular Access Market
According to London-based data and analytics company GlobalData, the centralvascular access devices market will grow from $1.9 billion in 2015 to just over $2.3 billion by 2022. Amen Sanghera, the analyst covering medical devices, said, "China and India will be responsible for a substantial proportion of the vascular access devices...