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India

India’s BookMyShow pulls in $100M to grow its online ticketing business – TechCrunch

BookMyShow, an online ticketing service for cinemas, theatres and sports in India, has pulled in $100 million in new capital for growth. The Series D round was led by private investment firm TPG Growth and it included participation from undisclosed existing investors. BookMyShow, which is headquartered in...

BookMySh...

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Online learning platform Unacademy gets $21M Series C from Sequoia India, SAIF and Nexus – TechCrunch

Unacademy founders Roman Saini, Gaurav Munjal and Hemesh Singh Bangalore-based Unacademy will add more educators to its online learning platform, which claims to be India’s largest, after closing a $21 million Series C. The funding comes from Sequoia India, SAIF Partners and Nexus Venture Partners, with...

Unacademy founders Roman ...

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Brief: Ola expects profit by year’s end

Photo credit: Ola Ola reports positive return on each ride, operational profitability by end of 2018 (India). Bhavish Aggarwal, the ride-hailing firm’s co-founder and CEO, revealed the milestone in an email to employees. He said that Ola had become effective net take rate (ENTR) positive –...

Photo credit: Ola Ola reports ...

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Facebook buys ads in Indian newspapers to warn about WhatsApp fakes – TechCrunch

As Twitter finally gets serious about purging fake accounts, and YouTube says it will try to firefight conspiracy theories and fake news flaming across its platform with $25M to fund bona fide journalism, Facebook-owned WhatsApp is grappling with its own fake demons in India, where...

As Twitter finally gets s...

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China’s Xiaomi makes underwhelming public debut in Hong Kong IPO – TechCrunch

China’s Xiaomi, the world’s fifth biggest seller of smartphones, made an underwhelming public debut after it hit the Hong Kong Stock Exchange amid concerns around an ongoing trade war between the U.S. and China. Media reports in the lead up to today’s bell ringing suggested...

China’...

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