The investment arm of the UK retail bank M&G has led a funding of $340 million into Udaan, a business-to-business e-commerce startup, in one of the largest financing […]
India and Australia World Cup final shatters streaming records on Hotstar
In India, few events garner as much attention as a cricket game. And there’s no match for a World Cup final. The Sunday game, which began just half […]
India-New Zealand cricket clash sets new high for Disney’s Hotstar
A crucial knock-out cricket match between India and New Zealand shattered all previous on-demand video streaming records Wednesday, attracting over 47 million concurrent viewers to Disney’s Hotstar. The […]
A look at how one fintech CEO’s PR decision backfired
Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your […]
Reliance nears deal to acquire Disney’s India business, report says
Reliance is nearing a deal to acquire Disney’s India business, according to a report, as Mukesh Ambani’s oil-to-telecom empire eyes broadening digital and television assets. Disney values its […]
Ambani’s Jio Financial launches lending and insurance businesses
Jio Financial Services, the Indian conglomerate Reliance Industries-backed financial services firm, has started its lending and insurance businesses and plans to rapidly broaden its offerings as billionaire Mukesh […]
India-Pakistan cricket match helps Disney’s Hotstar set global streaming record
In India, few events garner as much attention as a cricket game. A high-profile match between neighbors India and Pakistan delivered a much-needed break for Disney’s Hotstar, which […]
Abu Dhabi sovereign-wealth fund invests nearly $600M in Reliance Retail at $100B valuation
Abu Dhabi Investment Authority is investing $597 million in Reliance Retail, valuing the largest Indian retail chain at a whopping $100 billion. The investment follows KKR and Qatar […]